FlexShares ESG & Climate Investment Grade Corporate Core Index Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$42.17
$40.7 M
4.76%
$2.00
0.13%
Vitals
YTD Return
4.4%
1 yr return
11.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$40.7 M
Holdings in Top 10
10.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.13%
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 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$42.17
$40.7 M
4.76%
$2.00
0.13%
FEIG - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 4.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlexShares ESG & Climate Investment Grade Corporate Core Index Fund
-
Fund Family NameN/A
-
Inception DateSep 20, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChaitany Mandavakuriti
Fund Description
FEIG - Performance
Return Ranking - Trailing
Period | FEIG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -37.4% | 3.2% | 80.36% |
1 Yr | 11.7% | -22.5% | 163.5% | N/A |
3 Yr | N/A* | -13.4% | 33.3% | N/A |
5 Yr | N/A* | -10.0% | 21.5% | N/A |
10 Yr | N/A* | -4.1% | 9.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | FEIG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -27.3% | 144.0% | N/A |
2022 | -18.3% | -15.7% | 31.5% | N/A |
2021 | N/A | -13.0% | 34.5% | N/A |
2020 | N/A | -52.0% | 4.7% | N/A |
2019 | N/A | -3.1% | 13.4% | N/A |
Total Return Ranking - Trailing
Period | FEIG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -37.4% | 2.2% | 86.40% |
1 Yr | 11.7% | -22.5% | 163.5% | N/A |
3 Yr | N/A* | -13.4% | 33.3% | N/A |
5 Yr | N/A* | -10.0% | 21.5% | N/A |
10 Yr | N/A* | -4.1% | 9.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FEIG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | -27.3% | 144.0% | N/A |
2022 | -15.9% | -15.7% | 31.5% | N/A |
2021 | N/A | -13.0% | 34.5% | N/A |
2020 | N/A | -14.8% | 4.7% | N/A |
2019 | N/A | -3.1% | 13.4% | N/A |
FEIG - Holdings
Concentration Analysis
FEIG | Category Low | Category High | FEIG % Rank | |
---|---|---|---|---|
Net Assets | 40.7 M | 6.52 M | 44.4 B | 78.13% |
Number of Holdings | 763 | 2 | 9191 | 34.63% |
Net Assets in Top 10 | 4.07 M | -29.6 M | 3.34 B | 77.31% |
Weighting of Top 10 | 10.21% | 1.8% | 100.0% | 94.61% |
Top 10 Holdings
- Goldman Sachs Group, Inc. (The) 2.18%
- International Business Machines Corp. 1.45%
- Ford Motor Credit Co. LLC 1.04%
- Ford Motor Credit Co. LLC 1.02%
- Citigroup, Inc. 1.01%
- Verizon Communications, Inc. 0.91%
- Alphabet, Inc. 0.70%
- TSMC Arizona Corp. 0.67%
- Microsoft Corp. 0.63%
- Pfizer, Inc. 0.60%
Asset Allocation
Weighting | Return Low | Return High | FEIG % Rank | |
---|---|---|---|---|
Bonds | 96.25% | 15.65% | 141.47% | 65.67% |
Cash | 3.75% | -49.09% | 54.19% | 39.40% |
Stocks | 0.00% | 0.00% | 5.27% | 62.69% |
Preferred Stocks | 0.00% | 0.00% | 9.18% | 70.15% |
Other | 0.00% | -38.92% | 3.98% | 59.10% |
Convertible Bonds | 0.00% | 0.00% | 78.47% | 28.06% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FEIG % Rank | |
---|---|---|---|---|
Derivative | 0.00% | 0.00% | 27.02% | 65.97% |
Cash & Equivalents | 0.00% | 0.00% | 54.19% | 48.36% |
Securitized | 0.00% | 0.00% | 23.18% | 84.48% |
Corporate | 0.00% | 41.80% | 100.00% | 35.52% |
Municipal | 0.00% | 0.00% | 3.62% | 78.51% |
Government | 0.00% | 0.00% | 25.63% | 86.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FEIG % Rank | |
---|---|---|---|---|
US | 96.25% | 0.00% | 122.90% | 43.28% |
Non US | 0.00% | 0.00% | 47.05% | 68.66% |
FEIG - Expenses
Operational Fees
FEIG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.13% | 0.03% | 3.62% | 95.68% |
Management Fee | 0.12% | 0.00% | 1.35% | 10.22% |
12b-1 Fee | N/A | 0.00% | 1.00% | 9.57% |
Administrative Fee | N/A | 0.02% | 0.45% | N/A |
Sales Fees
FEIG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FEIG 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.
FEIG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 259.00% | N/A |
FEIG - Distributions
Dividend Yield Analysis
FEIG | Category Low | Category High | FEIG % Rank | |
---|---|---|---|---|
Dividend Yield | 4.76% | 0.00% | 25.68% | 54.33% |
Dividend Distribution Analysis
FEIG | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FEIG | Category Low | Category High | FEIG % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.38% | 7.58% | N/A |
Capital Gain Distribution Analysis
FEIG | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 03, 2024 | $0.167 | OrdinaryDividend |
Aug 01, 2024 | $0.168 | OrdinaryDividend |
Jun 03, 2024 | $0.157 | OrdinaryDividend |
May 01, 2024 | $0.157 | OrdinaryDividend |
Apr 01, 2024 | $0.163 | OrdinaryDividend |
Mar 01, 2024 | $0.131 | OrdinaryDividend |
Feb 01, 2024 | $0.129 | OrdinaryDividend |
Dec 15, 2023 | $0.155 | OrdinaryDividend |
Dec 01, 2023 | $0.148 | OrdinaryDividend |
Nov 01, 2023 | $0.145 | OrdinaryDividend |
Oct 02, 2023 | $0.214 | OrdinaryDividend |
Sep 01, 2023 | $0.148 | OrdinaryDividend |
Aug 01, 2023 | $0.148 | OrdinaryDividend |
Jul 03, 2023 | $0.139 | OrdinaryDividend |
Jun 01, 2023 | $0.143 | OrdinaryDividend |
May 01, 2023 | $0.134 | OrdinaryDividend |
Apr 03, 2023 | $0.127 | OrdinaryDividend |
Mar 01, 2023 | $0.116 | OrdinaryDividend |
Feb 01, 2023 | $0.136 | OrdinaryDividend |
Dec 16, 2022 | $0.097 | OrdinaryDividend |
Dec 01, 2022 | $0.108 | OrdinaryDividend |
Nov 01, 2022 | $0.113 | OrdinaryDividend |
Oct 03, 2022 | $0.125 | OrdinaryDividend |
Sep 01, 2022 | $0.128 | OrdinaryDividend |
Aug 01, 2022 | $0.100 | OrdinaryDividend |
Jul 01, 2022 | $0.094 | OrdinaryDividend |
Jun 01, 2022 | $0.093 | OrdinaryDividend |
May 02, 2022 | $0.091 | OrdinaryDividend |
Apr 01, 2022 | $0.087 | OrdinaryDividend |
Mar 01, 2022 | $0.076 | OrdinaryDividend |
Feb 01, 2022 | $0.084 | OrdinaryDividend |
Dec 17, 2021 | $0.082 | OrdinaryDividend |
Dec 01, 2021 | $0.078 | OrdinaryDividend |
Nov 01, 2021 | $0.108 | OrdinaryDividend |
FEIG - Fund Manager Analysis
Managers
Chaitany Mandavakuriti
Start Date
Tenure
Tenure Rank
Sep 20, 2021
0.69
0.7%
Chaitanya Mandavakuriti, a Vice President of Northern Trust Investments, Inc., has served as a Portfolio Manager of the Fund since March 2021. Chaitanya Mandavakuriti is a Vice President of NTI. Mr. Mandavakuriti joined NTI in 2013 and has assisted in the management of international fixed income index portfolios with a focus on credit.
Morten Olsen
Start Date
Tenure
Tenure Rank
Sep 20, 2021
0.69
0.7%
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 |
---|---|---|---|
0.33 | 24.76 | 6.22 | 2.41 |