iShares BBB Rated Corporate Bond ETF (LQDB) Stock Price, Quote, News & History | Benzinga

The Fund seeks to track the investment results of the iBoxx USD Liquid Investment Grade BBB 0 plus Index (the Underlying Index), which is designed to reflect the performance of BBB (or its equivalent) fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers (as determined by Markit Indices Limited (the Index Provider or Markit)). Securities of varying maturities are eligible for inclusion in the Underlying Index. The Underlying Index offers exposure to liquid (according to Markits liquidity screens, which could vary from other measures of liquidity) investment-grade corporate bonds and is rebalanced on a monthly basis.