FlexShares High Yield Value-Scored Bond Index Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
9.3%
3 Yr Avg Return
0.8%
5 Yr Avg Return
3.4%
Net Assets
$1.47 B
Holdings in Top 10
6.4%
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 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HYGV - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 9.2%
- 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 | 1.1% | -7.6% | 7.3% | 34.17% |
1 Yr | 9.3% | -8.1% | 17.2% | 27.20% |
3 Yr | 0.8%* | -16.6% | 20.0% | 60.66% |
5 Yr | 3.4%* | -12.2% | 36.5% | 35.07% |
10 Yr | N/A* | -5.0% | 19.4% | 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% | 93.45% |
2022 | -18.7% | -33.4% | 3.6% | 88.66% |
2021 | -0.3% | -8.4% | 14.9% | 60.49% |
2020 | 1.1% | -13.9% | 302.7% | 23.82% |
2019 | 6.9% | -4.4% | 13.3% | 64.99% |
Total Return Ranking - Trailing
Period | HYGV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -7.6% | 7.3% | 34.17% |
1 Yr | 9.3% | -8.1% | 17.2% | 27.20% |
3 Yr | 0.8%* | -16.6% | 20.0% | 60.66% |
5 Yr | 3.4%* | -12.2% | 36.5% | 35.07% |
10 Yr | N/A* | -5.0% | 19.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HYGV Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -4.7% | 18.2% | 51.95% |
2022 | -12.6% | -33.4% | 47.8% | 84.57% |
2021 | 5.9% | -8.4% | 24.8% | 30.98% |
2020 | 8.0% | -9.6% | 325.6% | 11.82% |
2019 | 14.8% | 0.9% | 21.5% | 28.60% |
HYGV - Holdings
Concentration Analysis
HYGV | Category Low | Category High | HYGV % Rank | |
---|---|---|---|---|
Net Assets | 1.47 B | 1.45 M | 23.6 B | 30.82% |
Number of Holdings | 917 | 2 | 2736 | 10.37% |
Net Assets in Top 10 | 90.1 M | -492 M | 4.55 B | 46.90% |
Weighting of Top 10 | 6.41% | 4.2% | 146.9% | 93.19% |
Top 10 Holdings
- Neptune Bidco US, Inc. 0.82%
- Staples, Inc. 0.76%
- Treasury Repurchase Agreement 0.76%
- Tenneco, Inc. 0.69%
- Venture Global LNG, Inc. 0.67%
- Venture Global LNG, Inc. 0.59%
- NCL Corp. Ltd. 0.58%
- Talen Energy Supply LLC 0.53%
- Sirius XM Radio, Inc. 0.53%
- Sirius XM Radio, Inc. 0.50%
Asset Allocation
Weighting | Return Low | Return High | HYGV % Rank | |
---|---|---|---|---|
Bonds | 97.39% | -3.13% | 154.38% | 18.34% |
Cash | 1.85% | -52.00% | 48.07% | 82.66% |
Convertible Bonds | 1.60% | 0.00% | 17.89% | 28.33% |
Other | 0.76% | -63.70% | 102.57% | 16.72% |
Stocks | 0.00% | 0.00% | 99.54% | 85.67% |
Preferred Stocks | 0.00% | 0.00% | 7.88% | 70.28% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HYGV % Rank | |
---|---|---|---|---|
Corporate | 98.98% | 0.00% | 129.69% | 6.20% |
Derivative | 0.00% | -15.04% | 42.26% | 57.74% |
Cash & Equivalents | 0.00% | 0.00% | 48.07% | 94.12% |
Securitized | 0.00% | 0.00% | 97.24% | 73.33% |
Municipal | 0.00% | 0.00% | 4.66% | 52.25% |
Government | 0.00% | 0.00% | 99.07% | 65.27% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HYGV % Rank | |
---|---|---|---|---|
US | 97.39% | -3.13% | 129.21% | 12.23% |
Non US | 0.00% | 0.00% | 98.19% | 67.80% |
HYGV - Expenses
Operational Fees
HYGV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.38% | 0.04% | 31.61% | 95.98% |
Management Fee | 0.37% | 0.00% | 1.84% | 10.96% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.18% |
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% | 84.35% |
HYGV - Distributions
Dividend Yield Analysis
HYGV | Category Low | Category High | HYGV % Rank | |
---|---|---|---|---|
Dividend Yield | 9.21% | 0.00% | 11.76% | 1.54% |
Dividend Distribution Analysis
HYGV | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
HYGV | Category Low | Category High | HYGV % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.39% | 14.30% | 3.30% |
Capital Gain Distribution Analysis
HYGV | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 05, 2024 | $0.310 | OrdinaryDividend |
Mar 07, 2024 | $0.282 | OrdinaryDividend |
Feb 07, 2024 | $0.311 | OrdinaryDividend |
Dec 21, 2023 | $0.317 | OrdinaryDividend |
Dec 07, 2023 | $0.288 | OrdinaryDividend |
Nov 07, 2023 | $0.309 | OrdinaryDividend |
Oct 06, 2023 | $0.302 | OrdinaryDividend |
Sep 08, 2023 | $0.305 | OrdinaryDividend |
Aug 07, 2023 | $0.289 | OrdinaryDividend |
Jul 10, 2023 | $0.286 | OrdinaryDividend |
Jun 07, 2023 | $0.300 | OrdinaryDividend |
May 05, 2023 | $0.292 | OrdinaryDividend |
Apr 10, 2023 | $0.311 | OrdinaryDividend |
Mar 07, 2023 | $0.273 | OrdinaryDividend |
Feb 07, 2023 | $0.311 | OrdinaryDividend |
Dec 22, 2022 | $0.282 | OrdinaryDividend |
Dec 07, 2022 | $0.281 | OrdinaryDividend |
Nov 07, 2022 | $0.285 | OrdinaryDividend |
Oct 07, 2022 | $0.282 | OrdinaryDividend |
Sep 08, 2022 | $0.261 | OrdinaryDividend |
Aug 05, 2022 | $0.250 | OrdinaryDividend |
Jul 08, 2022 | $0.253 | OrdinaryDividend |
Jun 07, 2022 | $0.254 | OrdinaryDividend |
May 06, 2022 | $0.229 | OrdinaryDividend |
Apr 07, 2022 | $0.231 | OrdinaryDividend |
Mar 07, 2022 | $0.209 | OrdinaryDividend |
Feb 07, 2022 | $0.229 | OrdinaryDividend |
Dec 07, 2021 | $0.215 | OrdinaryDividend |
Nov 05, 2021 | $0.212 | OrdinaryDividend |
Oct 07, 2021 | $0.197 | OrdinaryDividend |
Sep 08, 2021 | $0.207 | OrdinaryDividend |
Aug 06, 2021 | $0.179 | OrdinaryDividend |
Jul 08, 2021 | $0.205 | OrdinaryDividend |
Jun 07, 2021 | $0.223 | OrdinaryDividend |
May 07, 2021 | $0.226 | OrdinaryDividend |
Apr 08, 2021 | $0.244 | OrdinaryDividend |
Mar 05, 2021 | $0.209 | OrdinaryDividend |
Feb 05, 2021 | $0.253 | OrdinaryDividend |
Dec 24, 2020 | $0.275 | OrdinaryDividend |
Dec 07, 2020 | $0.266 | OrdinaryDividend |
Nov 06, 2020 | $0.274 | OrdinaryDividend |
Oct 07, 2020 | $0.262 | OrdinaryDividend |
Sep 08, 2020 | $0.288 | OrdinaryDividend |
Aug 07, 2020 | $0.257 | OrdinaryDividend |
Jul 08, 2020 | $0.247 | OrdinaryDividend |
Jun 05, 2020 | $0.220 | OrdinaryDividend |
May 07, 2020 | $0.224 | OrdinaryDividend |
Apr 07, 2020 | $0.245 | OrdinaryDividend |
Mar 06, 2020 | $0.226 | OrdinaryDividend |
Feb 07, 2020 | $0.250 | OrdinaryDividend |
Dec 27, 2019 | $0.251 | OrdinaryDividend |
Dec 06, 2019 | $0.228 | OrdinaryDividend |
Nov 07, 2019 | $0.256 | OrdinaryDividend |
Oct 07, 2019 | $0.252 | OrdinaryDividend |
Sep 09, 2019 | $0.236 | OrdinaryDividend |
Aug 07, 2019 | $0.301 | OrdinaryDividend |
Jul 08, 2019 | $0.271 | OrdinaryDividend |
Jun 07, 2019 | $0.292 | OrdinaryDividend |
May 07, 2019 | $0.278 | OrdinaryDividend |
Apr 05, 2019 | $0.385 | OrdinaryDividend |
Mar 07, 2019 | $0.301 | OrdinaryDividend |
Feb 07, 2019 | $0.388 | OrdinaryDividend |
Dec 28, 2018 | $0.428 | OrdinaryDividend |
Dec 07, 2018 | $0.455 | OrdinaryDividend |
Nov 07, 2018 | $0.431 | OrdinaryDividend |
Oct 05, 2018 | $0.461 | OrdinaryDividend |
Sep 10, 2018 | $0.472 | OrdinaryDividend |
Aug 07, 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 | 7.11 | 8.17 |