LQIG

Fund Description
LQIG tracks the MarketAxess U.S. Investment Grade 400 Corporate Bond Index (the "Index"). The Index's emphasis on liquidity and use of sector/issuer constraints in index construction may make LQIG an efficient core beta risk and portfolio management tool Bonds in the Index are screened using MarketAxess proprietary Relative Liquidity Score (RLS), where bonds are considered for inclusion based on having higher-than-average liquidity relative to the broader U.S. corporate bond market, and then assessed for their tradability at the Index level, with final weights derived after constraining for specific issuer and sector characteristics. Seeking to track an index focused on liquidity, LQIG may provide more accurate real-time pricing visibility into the corporate bond market, translating into potentially tighter-bid ask spreads and less volatile premium/discounts than corporate bond ETFs that track indices that do not screen for relative liquidity.
Fund Profile
Fund Name SPDR MarketAxess Investment Grade 400 Corporate Bond ETF
Fund Exchange Ticker LQIG
Fund Sponsor State Street (SPDR)
Fund ISIN US78468R4992
Net Expense Ratio 0.70 %
Fund Inception Date 12 May 2022
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name MarketAxess U.S. Investment Grade 400 Corporate Bond Index
Index Provider MarketAxess
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 102.71 Million (USD)
1 Month Total Return -5.10 %
Year To Date Return -2.58 %
1 Year Total Return
3 Year Annualized Total Return
NAV 97.8209
Share Outstanding 1,050,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
ANHEUSER-BUSCH CO/INBEV BOND 0.0091854800
CVS HEALTH CORP 5.05 03/25/2048 BOND 0.0078126100
TMOBILE USA INC 3.875 04/15/2030 BOND 0.0065085000
GE CAPITAL INTL FUNDING BOND 0.0064804500
GOLDMAN SACHS GROUP INC BOND 0.0062012000
MAGALLANES INC 5.141 03/15/2052 BOND 0.0060201000
AT&T INC BOND 0.0057283700
AT&T INC 3.55 09/15/2055 BOND 0.0056641800
BANK OF AMERICA CORP 3.419 12/20/2028 BOND 0.0055869600
WELLS FARGO & COMPANY BOND 0.0054319600