LQD

The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) invests primarily in U.S. dollar‑denominated investment‑grade corporate bonds issued by companies across a wide range of sectors, with most holdings based in the United States and a small portion of foreign issuers. It seeks to track the performance of the iBoxx USD Liquid Investment Grade Index, using a passively managed, full‑replication approach that provides broad exposure to high‑quality, liquid corporate debt. The fund’s focus on investment‑grade credit makes it suitable for investors looking for relatively stable income, diversification away from equities, and a core fixed‑income component within a balanced portfolio.