American Electric Power Company Inc vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? American Electric Power Company Inc trades at $123.63 (market cap $67.28B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.25. The key difference: American Electric Power Company Inc pays a 3.07% dividend while iShares iBoxx $ Inv Grade Corporate Bond ETF pays none, and American Electric Power Company Inc is trading nearer its 52-week high, iShares iBoxx $ Inv Grade Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| AEP | LQD | |
|---|---|---|
Market Cap | $67.28B | — |
Sector | Utilities | — |
52-Week High | $138.69 | $112.91 |
52-Week Low | $106.44 | $105.96 |
Enterprise Value | $120.17B | — |
Dividend Yield | 3.07% | — |
Trailing returns across standard periods
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (19%), nuclear (7%), and demand response (4%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Read more on AEP →The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
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