FlexShares Core Select Bond Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.6%
1 yr return
1.0%
3 Yr Avg Return
-2.9%
5 Yr Avg Return
-0.4%
Net Assets
$163 M
Holdings in Top 10
96.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BNDC - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -2.9%
- 5 Yr Annualized Total Return -0.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.72%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlexShares Core Select Bond Fund
-
Fund Family NameFlexshares Trust
-
Inception DateNov 18, 2016
-
Shares Outstanding6425001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Personette
Fund Description
BNDC - Performance
Return Ranking - Trailing
Period | BNDC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -7.3% | 11.4% | 87.45% |
1 Yr | 1.0% | -7.0% | 11.6% | 86.93% |
3 Yr | -2.9%* | -10.8% | 27.5% | 72.17% |
5 Yr | -0.4%* | -7.5% | 58.3% | 72.12% |
10 Yr | N/A* | -3.0% | 73.8% | 8.57% |
* Annualized
Return Ranking - Calendar
Period | BNDC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -16.2% | 8.1% | 57.48% |
2022 | -15.7% | -34.7% | 131.9% | 42.66% |
2021 | -3.7% | -11.6% | 4.4% | 62.18% |
2020 | 5.8% | -9.9% | 946.1% | 16.57% |
2019 | 6.4% | -1.7% | 16.9% | 22.57% |
Total Return Ranking - Trailing
Period | BNDC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -7.3% | 11.4% | 87.45% |
1 Yr | 1.0% | -7.0% | 11.6% | 86.93% |
3 Yr | -2.9%* | -10.8% | 27.5% | 72.17% |
5 Yr | -0.4%* | -7.5% | 58.3% | 72.12% |
10 Yr | N/A* | -3.0% | 73.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BNDC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.4% | -11.3% | 11.9% | 75.05% |
2022 | -13.5% | -32.2% | 131.9% | 48.40% |
2021 | -2.0% | -9.4% | 9.2% | 86.87% |
2020 | 8.7% | -1.9% | 1009.0% | 42.00% |
2019 | 9.6% | 1.1% | 21668.0% | 30.25% |
BNDC - Holdings
Concentration Analysis
BNDC | Category Low | Category High | BNDC % Rank | |
---|---|---|---|---|
Net Assets | 163 M | 2.9 M | 314 B | 85.28% |
Number of Holdings | 16 | 1 | 17880 | 98.03% |
Net Assets in Top 10 | 163 M | 1.62 M | 35.1 B | 65.42% |
Weighting of Top 10 | 96.93% | 4.7% | 3984.6% | 3.13% |
Top 10 Holdings
- iShares MBS ETF 24.37%
- iShares 20+ Year Treasury Bond ETF 13.07%
- FlexShares Disciplined Duration MBS Index Fund 12.49%
- iShares 3-7 Year Treasury Bond ETF 11.95%
- FlexShares Credit-Scored US Corporate Bond Index Fund 9.36%
- iShares 1-5 Year Investment Grade Corporate Bond ETF 8.29%
- iShares 7-10 Year Treasury Bond ETF 5.77%
- FlexShares Ultra-Short Income Fund 4.66%
- iShares 5-10 Year Investment Grade Corporate Bond ETF 3.63%
- iShares 1-3 Year Treasury Bond ETF 3.34%
Asset Allocation
Weighting | Return Low | Return High | BNDC % Rank | |
---|---|---|---|---|
Convertible Bonds | 1.86% | 0.00% | 7.93% | 35.88% |
Other | 0.73% | -27.25% | 1695.17% | 73.00% |
Cash | 0.04% | -54.51% | 237.69% | 90.86% |
Stocks | 0.00% | 0.00% | 99.98% | 99.48% |
Preferred Stocks | 0.00% | 0.00% | 72.34% | 99.27% |
Bonds | 0.00% | 0.00% | 9231.88% | 100.00% |
BNDC - Expenses
Operational Fees
BNDC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.01% | 39.64% | 73.25% |
Management Fee | 0.35% | 0.00% | 1.76% | 50.37% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.66% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
BNDC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
BNDC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BNDC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 493.39% | 33.76% |
BNDC - Distributions
Dividend Yield Analysis
BNDC | Category Low | Category High | BNDC % Rank | |
---|---|---|---|---|
Dividend Yield | 4.35% | 0.00% | 10.11% | 71.19% |
Dividend Distribution Analysis
BNDC | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
BNDC | Category Low | Category High | BNDC % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.72% | -1.28% | 4.79% | 50.05% |
Capital Gain Distribution Analysis
BNDC | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 06, 2024 | $0.079 | OrdinaryDividend |
Nov 07, 2024 | $0.073 | OrdinaryDividend |
Oct 07, 2024 | $0.064 | OrdinaryDividend |
Sep 09, 2024 | $0.068 | OrdinaryDividend |
Aug 07, 2024 | $0.070 | OrdinaryDividend |
Jul 08, 2024 | $0.071 | OrdinaryDividend |
Apr 05, 2024 | $0.067 | OrdinaryDividend |
Mar 07, 2024 | $0.062 | OrdinaryDividend |
Feb 07, 2024 | $0.058 | OrdinaryDividend |
Dec 21, 2023 | $0.070 | OrdinaryDividend |
Dec 07, 2023 | $0.069 | OrdinaryDividend |
Nov 07, 2023 | $0.070 | OrdinaryDividend |
Oct 06, 2023 | $0.061 | OrdinaryDividend |
Sep 08, 2023 | $0.059 | OrdinaryDividend |
Aug 07, 2023 | $0.059 | OrdinaryDividend |
Jul 10, 2023 | $0.057 | OrdinaryDividend |
Jun 07, 2023 | $0.057 | OrdinaryDividend |
May 05, 2023 | $0.056 | OrdinaryDividend |
Apr 10, 2023 | $0.057 | OrdinaryDividend |
Mar 07, 2023 | $0.050 | OrdinaryDividend |
Feb 07, 2023 | $0.050 | OrdinaryDividend |
Dec 22, 2022 | $0.055 | OrdinaryDividend |
Dec 07, 2022 | $0.041 | OrdinaryDividend |
Nov 07, 2022 | $0.061 | OrdinaryDividend |
Oct 07, 2022 | $0.043 | OrdinaryDividend |
Sep 08, 2022 | $0.057 | OrdinaryDividend |
Aug 05, 2022 | $0.053 | OrdinaryDividend |
Jul 08, 2022 | $0.046 | OrdinaryDividend |
Jun 07, 2022 | $0.057 | OrdinaryDividend |
May 06, 2022 | $0.046 | OrdinaryDividend |
Apr 07, 2022 | $0.047 | OrdinaryDividend |
Mar 07, 2022 | $0.038 | OrdinaryDividend |
Feb 07, 2022 | $0.038 | OrdinaryDividend |
Dec 23, 2021 | $0.053 | OrdinaryDividend |
Dec 07, 2021 | $0.033 | OrdinaryDividend |
Nov 05, 2021 | $0.035 | OrdinaryDividend |
Oct 07, 2021 | $0.027 | OrdinaryDividend |
Sep 08, 2021 | $0.033 | OrdinaryDividend |
Aug 06, 2021 | $0.034 | OrdinaryDividend |
Jul 08, 2021 | $0.035 | OrdinaryDividend |
Jun 07, 2021 | $0.036 | OrdinaryDividend |
May 07, 2021 | $0.039 | OrdinaryDividend |
Apr 08, 2021 | $0.041 | OrdinaryDividend |
Mar 05, 2021 | $0.040 | OrdinaryDividend |
Feb 05, 2021 | $0.043 | OrdinaryDividend |
Dec 24, 2020 | $0.096 | OrdinaryDividend |
Dec 24, 2020 | $0.107 | CapitalGainShortTerm |
Dec 07, 2020 | $0.044 | OrdinaryDividend |
Nov 06, 2020 | $0.058 | OrdinaryDividend |
Oct 07, 2020 | $0.041 | OrdinaryDividend |
Sep 08, 2020 | $0.045 | OrdinaryDividend |
Aug 07, 2020 | $0.043 | OrdinaryDividend |
Jul 08, 2020 | $0.044 | OrdinaryDividend |
Jun 05, 2020 | $0.046 | OrdinaryDividend |
May 07, 2020 | $0.031 | OrdinaryDividend |
Apr 07, 2020 | $0.050 | OrdinaryDividend |
Mar 06, 2020 | $0.076 | OrdinaryDividend |
Feb 07, 2020 | $0.024 | OrdinaryDividend |
Dec 27, 2019 | $0.070 | OrdinaryDividend |
Dec 06, 2019 | $0.053 | OrdinaryDividend |
Nov 07, 2019 | $0.058 | OrdinaryDividend |
Oct 07, 2019 | $0.054 | OrdinaryDividend |
Sep 09, 2019 | $0.053 | OrdinaryDividend |
Aug 07, 2019 | $0.056 | OrdinaryDividend |
Jul 08, 2019 | $0.063 | OrdinaryDividend |
Jun 07, 2019 | $0.062 | OrdinaryDividend |
May 07, 2019 | $0.083 | OrdinaryDividend |
Apr 05, 2019 | $0.060 | OrdinaryDividend |
Mar 07, 2019 | $0.060 | OrdinaryDividend |
Feb 07, 2019 | $0.064 | OrdinaryDividend |
Dec 28, 2018 | $0.059 | OrdinaryDividend |
Dec 07, 2018 | $0.060 | OrdinaryDividend |
Nov 07, 2018 | $0.065 | OrdinaryDividend |
Oct 05, 2018 | $0.057 | OrdinaryDividend |
Sep 10, 2018 | $0.056 | OrdinaryDividend |
Aug 07, 2018 | $0.056 | OrdinaryDividend |
Jul 09, 2018 | $0.061 | OrdinaryDividend |
Jun 07, 2018 | $0.058 | OrdinaryDividend |
May 07, 2018 | $0.054 | OrdinaryDividend |
Apr 06, 2018 | $0.058 | OrdinaryDividend |
Mar 07, 2018 | $0.053 | OrdinaryDividend |
Feb 07, 2018 | $0.049 | OrdinaryDividend |
Dec 27, 2017 | $0.058 | OrdinaryDividend |
Dec 07, 2017 | $0.055 | OrdinaryDividend |
Nov 07, 2017 | $0.050 | OrdinaryDividend |
Oct 06, 2017 | $0.053 | OrdinaryDividend |
Sep 08, 2017 | $0.054 | OrdinaryDividend |
Aug 07, 2017 | $0.055 | OrdinaryDividend |
Jul 10, 2017 | $0.054 | OrdinaryDividend |
Jun 07, 2017 | $0.051 | OrdinaryDividend |
May 05, 2017 | $0.053 | OrdinaryDividend |
Apr 07, 2017 | $0.057 | OrdinaryDividend |
Mar 07, 2017 | $0.043 | OrdinaryDividend |
Feb 07, 2017 | $0.042 | OrdinaryDividend |
Dec 28, 2016 | $0.159 | OrdinaryDividend |
BNDC - Fund Manager Analysis
Managers
Daniel Personette
Start Date
Tenure
Tenure Rank
Nov 18, 2016
5.53
5.5%
Daniel J. Personette, CFA is a Vice President, Director- Interest Rate Strategy and a Senior Fixed Income Portfolio Manager with the long duration fixed income group within Northern Trust Global Investments. Dan is responsible for the interest rate strategy for active long duration fixed income, and is also lead portfolio manager for $15 billion passive global interest rate and $11 billion in domestic inflation products and ETF's. Prior to joining Northern Trust as an Accounting Auditor in 1996, he served in the shareholder service department at Kemper Mutual Funds. He was named an Officer In September of 2000, and a Second Vice President in 2003.
Morten Olsen
Start Date
Tenure
Tenure Rank
Sep 29, 2020
1.67
1.7%
Morten Olsen is a Vice President of Northern Trust Investments, Inc. Mr. Olsen joined Northern Trust Investments, Inc. in 2009. From 2004 to 2008, Mr. Olsen worked at Lehman Brothers and from 2008 to 2009 at Nomura. In both roles, Mr. Olsen was responsible for the investment of the banks liquidity pool.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.77 | 1.16 |