“Investors should think about their investment goals and time horizon when weighing the merits of investment grade corporate bonds,” said BlackRock. “Dividing the corporate bond yield curve into distinct maturity segments, such as 1-5 years or 5-10 years, allows investors to target specific corporate bond maturity profiles depending on their needs, risk tolerance and investing horizons.”

Related: Why ETFs Don’t Contribute to Junk Bond Market Volatility

LQDH, which tracks the Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Swaps Index, has an effective duration of 0.07 years.

For more information on corporate debt, visit our corporate bonds category.

Tom Lydon’s clients own shares of LQD.