ETF Quote Details
|NAV (month end)||118.05|
|Premium (+)/Discount (-) (month end)||+1.93|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$4.15 (3.46%)|
The iBoxx $ Liquid Investment Grade Index is a rules-based index consisting of liquid, U.S. dollar-denominated, investment grade corporate bonds for sale in the United States. The Index is designed to provide a broad representation of the U.S. dollar-denominated liquid investment grade corporate bond market. The Index is a modified market-value weighted index.
The iShares iBoxx $ Investment Grade Corporate Bond ETF seeks investment results that correspond generally to the price and yield performance of MARKIT IBOXX - LIQUID INVESTMENT GRADE INDEX