FlexShares High Yield Value-Scored Bond Index Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.0%
1 yr return
12.8%
3 Yr Avg Return
2.3%
5 Yr Avg Return
4.6%
Net Assets
$1.39 B
Holdings in Top 10
11.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 95.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HYGV - Profile
Distributions
- YTD Total Return 8.0%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 4.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 7.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlexShares High Yield Value-Scored Bond Index Fund
-
Fund Family NameFlexshares Trust
-
Inception DateJul 17, 2018
-
Shares Outstanding19900001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Williams
Fund Description
HYGV - Performance
Return Ranking - Trailing
Period | HYGV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.0% | -7.0% | 15.5% | 38.44% |
1 Yr | 12.8% | -1.8% | 17.8% | 38.44% |
3 Yr | 2.3%* | -14.3% | 21.4% | 66.06% |
5 Yr | 4.6%* | -11.1% | 37.3% | 25.57% |
10 Yr | N/A* | -4.9% | 20.1% | 9.31% |
* Annualized
Return Ranking - Calendar
Period | HYGV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.6% | -4.7% | 14.3% | 92.97% |
2022 | -18.7% | -33.4% | 3.6% | 88.78% |
2021 | -0.3% | -8.4% | 8.2% | 60.96% |
2020 | 1.1% | -13.2% | 302.7% | 23.99% |
2019 | 6.9% | -4.4% | 13.3% | 64.97% |
Total Return Ranking - Trailing
Period | HYGV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.0% | -7.0% | 15.5% | 38.44% |
1 Yr | 12.8% | -1.8% | 17.8% | 38.44% |
3 Yr | 2.3%* | -14.3% | 21.4% | 66.06% |
5 Yr | 4.6%* | -11.1% | 37.3% | 25.57% |
10 Yr | N/A* | -4.9% | 20.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HYGV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -4.7% | 18.7% | 53.10% |
2022 | -12.6% | -33.4% | 47.8% | 84.65% |
2021 | 5.9% | -8.4% | 12.4% | 31.85% |
2020 | 8.0% | -9.6% | 325.6% | 11.64% |
2019 | 14.8% | -3.8% | 19.4% | 29.40% |
HYGV - Holdings
Concentration Analysis
HYGV | Category Low | Category High | HYGV % Rank | |
---|---|---|---|---|
Net Assets | 1.39 B | 3.13 M | 23.6 B | 33.06% |
Number of Holdings | 1002 | 2 | 3879 | 7.36% |
Net Assets in Top 10 | 158 M | -492 M | 5.25 B | 35.84% |
Weighting of Top 10 | 11.04% | 4.2% | 146.0% | 68.58% |
Top 10 Holdings
- Treasury Repurchase Agreement 5.58%
- Intelsat Jackson Holdings SA 1.13%
- Carvana Co. 0.73%
- Carvana Co. 0.65%
- FMG Resources August 2006 Pty. Ltd. 0.53%
- Mineral Resources Ltd. 0.51%
- Sirius XM Radio, Inc. 0.51%
- Sirius XM Radio, Inc. 0.49%
- Emera, Inc., Series 16-A 0.46%
- Clydesdale Acquisition Holdings, Inc. 0.46%
Asset Allocation
Weighting | Return Low | Return High | HYGV % Rank | |
---|---|---|---|---|
Bonds | 98.20% | 0.00% | 145.36% | 12.70% |
Other | 5.58% | -39.08% | 99.96% | 4.42% |
Convertible Bonds | 1.60% | 0.00% | 17.89% | 27.82% |
Stocks | 0.00% | 0.00% | 99.64% | 79.97% |
Preferred Stocks | 0.00% | 0.00% | 4.97% | 58.59% |
Cash | 0.00% | -52.00% | 48.02% | 96.56% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HYGV % Rank | |
---|---|---|---|---|
Corporate | 98.98% | 0.00% | 100.00% | 6.23% |
Derivative | 0.00% | -14.19% | 42.26% | 54.83% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 92.14% |
Securitized | 0.00% | 0.00% | 97.24% | 62.62% |
Municipal | 0.00% | 0.00% | 1.17% | 31.31% |
Government | 0.00% | 0.00% | 99.07% | 50.49% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HYGV % Rank | |
---|---|---|---|---|
US | 98.20% | 0.00% | 126.57% | 9.33% |
Non US | 0.00% | 0.00% | 96.91% | 59.08% |
HYGV - Expenses
Operational Fees
HYGV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.38% | 0.02% | 38.33% | 95.59% |
Management Fee | 0.37% | 0.00% | 1.75% | 11.75% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.63% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
HYGV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
HYGV 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.
HYGV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 95.00% | 1.00% | 255.00% | 84.79% |
HYGV - Distributions
Dividend Yield Analysis
HYGV | Category Low | Category High | HYGV % Rank | |
---|---|---|---|---|
Dividend Yield | 7.52% | 0.00% | 11.76% | 1.63% |
Dividend Distribution Analysis
HYGV | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
HYGV | Category Low | Category High | HYGV % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.39% | 9.30% | 3.30% |
Capital Gain Distribution Analysis
HYGV | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 01, 2024 | $0.258 | OrdinaryDividend |
Oct 01, 2024 | $0.258 | OrdinaryDividend |
Sep 03, 2024 | $0.287 | OrdinaryDividend |
Aug 01, 2024 | $0.262 | OrdinaryDividend |
Jun 03, 2024 | $0.283 | OrdinaryDividend |
May 01, 2024 | $0.283 | OrdinaryDividend |
Apr 01, 2024 | $0.310 | OrdinaryDividend |
Mar 01, 2024 | $0.282 | OrdinaryDividend |
Feb 01, 2024 | $0.311 | OrdinaryDividend |
Dec 15, 2023 | $0.317 | OrdinaryDividend |
Dec 01, 2023 | $0.288 | OrdinaryDividend |
Nov 01, 2023 | $0.309 | OrdinaryDividend |
Oct 02, 2023 | $0.302 | OrdinaryDividend |
Sep 01, 2023 | $0.305 | OrdinaryDividend |
Aug 01, 2023 | $0.289 | OrdinaryDividend |
Jul 03, 2023 | $0.286 | OrdinaryDividend |
Jun 01, 2023 | $0.300 | OrdinaryDividend |
May 01, 2023 | $0.292 | OrdinaryDividend |
Apr 03, 2023 | $0.311 | OrdinaryDividend |
Mar 01, 2023 | $0.273 | OrdinaryDividend |
Feb 01, 2023 | $0.311 | OrdinaryDividend |
Dec 16, 2022 | $0.282 | OrdinaryDividend |
Dec 01, 2022 | $0.281 | OrdinaryDividend |
Nov 01, 2022 | $0.285 | OrdinaryDividend |
Oct 03, 2022 | $0.282 | OrdinaryDividend |
Sep 01, 2022 | $0.261 | OrdinaryDividend |
Aug 01, 2022 | $0.250 | OrdinaryDividend |
Jul 01, 2022 | $0.253 | OrdinaryDividend |
Jun 01, 2022 | $0.254 | OrdinaryDividend |
May 02, 2022 | $0.229 | OrdinaryDividend |
Apr 01, 2022 | $0.231 | OrdinaryDividend |
Mar 01, 2022 | $0.209 | OrdinaryDividend |
Feb 01, 2022 | $0.229 | OrdinaryDividend |
Dec 17, 2021 | $0.234 | OrdinaryDividend |
Dec 17, 2021 | $0.291 | CapitalGainShortTerm |
Dec 17, 2021 | $0.081 | CapitalGainLongTerm |
Dec 01, 2021 | $0.215 | OrdinaryDividend |
Nov 01, 2021 | $0.212 | OrdinaryDividend |
Oct 01, 2021 | $0.197 | OrdinaryDividend |
Sep 01, 2021 | $0.207 | OrdinaryDividend |
Aug 02, 2021 | $0.179 | OrdinaryDividend |
Jul 01, 2021 | $0.205 | OrdinaryDividend |
Jun 01, 2021 | $0.223 | OrdinaryDividend |
May 03, 2021 | $0.226 | OrdinaryDividend |
Apr 01, 2021 | $0.244 | OrdinaryDividend |
Mar 01, 2021 | $0.209 | OrdinaryDividend |
Feb 01, 2021 | $0.253 | OrdinaryDividend |
Dec 18, 2020 | $0.275 | OrdinaryDividend |
Dec 01, 2020 | $0.266 | OrdinaryDividend |
Nov 02, 2020 | $0.274 | OrdinaryDividend |
Oct 01, 2020 | $0.262 | OrdinaryDividend |
Sep 01, 2020 | $0.288 | OrdinaryDividend |
Aug 03, 2020 | $0.257 | OrdinaryDividend |
Jul 01, 2020 | $0.247 | OrdinaryDividend |
Jun 01, 2020 | $0.220 | OrdinaryDividend |
May 01, 2020 | $0.224 | OrdinaryDividend |
Apr 01, 2020 | $0.245 | OrdinaryDividend |
Mar 02, 2020 | $0.226 | OrdinaryDividend |
Feb 03, 2020 | $0.250 | OrdinaryDividend |
Dec 20, 2019 | $0.251 | OrdinaryDividend |
Dec 02, 2019 | $0.228 | OrdinaryDividend |
Nov 01, 2019 | $0.255 | OrdinaryDividend |
Oct 01, 2019 | $0.252 | OrdinaryDividend |
Sep 03, 2019 | $0.236 | OrdinaryDividend |
Aug 01, 2019 | $0.301 | OrdinaryDividend |
Jul 01, 2019 | $0.270 | OrdinaryDividend |
Jun 03, 2019 | $0.292 | OrdinaryDividend |
May 01, 2019 | $0.278 | OrdinaryDividend |
Apr 01, 2019 | $0.385 | OrdinaryDividend |
Mar 01, 2019 | $0.301 | OrdinaryDividend |
Feb 01, 2019 | $0.388 | OrdinaryDividend |
Dec 21, 2018 | $0.428 | OrdinaryDividend |
Dec 03, 2018 | $0.455 | OrdinaryDividend |
Nov 01, 2018 | $0.431 | OrdinaryDividend |
Oct 01, 2018 | $0.461 | OrdinaryDividend |
Sep 04, 2018 | $0.472 | OrdinaryDividend |
Aug 01, 2018 | $0.311 | OrdinaryDividend |
HYGV - Fund Manager Analysis
Managers
Eric Williams
Start Date
Tenure
Tenure Rank
Jun 12, 2020
1.97
2.0%
Mr. Williams joined NTI in January 2010 and has assisted in the management of various fixed income funds
Benjamin Mccubbin
Start Date
Tenure
Tenure Rank
Sep 29, 2020
1.67
1.7%
BENJAMIN J. MCCUBBIN serves as a Fixed Income Associate where he works closely with the Director of Fixed Income Research to manage Howe & Rusling’s fixed income portfolios. Prior to joining Howe & Rusling he worked as an assistant within the fixed income research group at Manning & Napier for two years. Ben graduated from Syracuse University in three years with a bachelor’s degree in finance. Ben has completed level 3 of the CFA.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.32 | 8.17 |