Key stats
About SPDR MarketAxess Investment Grade 400 Corporate Bond ETF
Home page
Inception date
May 11, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78468R4992
LQIG tracks an index that invests in USD denominated, investment grade corporate bonds. To be eligible for inclusion in the index, bonds must have $300 million or more of par amount outstanding, have a remaining maturity of at least 2 years, and have a fixed rate or zero percent coupon. The fund utilizes MarketAxess proprietary technologies to determine eligibility. The firms Composite+ pricing engine, which determines availability of bid and price valuations and Relative Liquidity Score rates a bonds liquidity relative to bonds with similar risk and return characteristics. This filters the universe to only those with greater levels of liquidity. Once filtered, the bonds are ranked by par value face amount from highest to lowest, and the top 400 bonds are selected and market value-weighted. Single issuers are capped at 4%. The Index is rebalanced and reconstituted monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.84%
Cash1.16%
Stock breakdown by region
North America89.00%
Europe7.49%
Asia3.07%
Oceania0.44%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LQIG last dividends amounted to 0.41 USD. The month before, the issuer paid 0.41 USD in dividends, which shows a 0.29% increase.
LQIG assets under management is 19.18 M USD. It's fallen 66.54% over the last month.
LQIG fund flows account for −23.96 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LQIG pays dividends to its holders with the dividend yield of 5.08%. The last dividend (Sep 5, 2025) amounted to 0.41 USD. The dividends are paid monthly.
LQIG shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on May 11, 2022, and its management style is Passive.
LQIG expense ratio is 0.07% meaning you'd have to pay 0.07% of your investment to help manage the fund.
LQIG follows the MarketAxess U.S. Investment Grade 400 Corporate Bond Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LQIG invests in bonds.
LQIG price has risen by 1.11% over the last month, and its yearly performance shows a −1.38% decrease. See more dynamics on LQIG price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.87% increase in three-month performance and has increased by 3.98% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.87% increase in three-month performance and has increased by 3.98% in a year.
LQIG trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.