FlexShares Credit-Scored US Long Corporate Bond Index Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$41.98
$48.6 M
5.77%
$2.43
0.16%
Vitals
YTD Return
-0.9%
1 yr return
-0.3%
3 Yr Avg Return
-6.4%
5 Yr Avg Return
-1.2%
Net Assets
$48.6 M
Holdings in Top 10
5.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.16%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 74.00%
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
$41.98
$48.6 M
5.77%
$2.43
0.16%
LKOR - Profile
Distributions
- YTD Total Return -0.9%
- 3 Yr Annualized Total Return -6.4%
- 5 Yr Annualized Total Return -1.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 5.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlexShares Credit-Scored US Long Corporate Bond Index Fund
-
Fund Family NameFlexshares Trust
-
Inception DateSep 23, 2015
-
Shares Outstanding1000001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Williams
Fund Description
LKOR - Performance
Return Ranking - Trailing
Period | LKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -2.5% | 7.5% | 95.83% |
1 Yr | -0.3% | -1.9% | 7.8% | 95.83% |
3 Yr | -6.4%* | -7.8% | 40.4% | 97.60% |
5 Yr | -1.2%* | -7.0% | 25.2% | 96.79% |
10 Yr | N/A* | -0.3% | 14.3% | 20.83% |
* Annualized
Return Ranking - Calendar
Period | LKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -5.6% | 6.3% | 1.19% |
2022 | -28.7% | -28.7% | 142.1% | 100.00% |
2021 | -6.0% | -12.3% | 4.9% | 87.20% |
2020 | 8.6% | -8.0% | 9.0% | 1.24% |
2019 | N/A | 4.3% | 13.4% | 2.65% |
Total Return Ranking - Trailing
Period | LKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -2.5% | 7.5% | 95.83% |
1 Yr | -0.3% | -1.9% | 7.8% | 95.83% |
3 Yr | -6.4%* | -7.8% | 40.4% | 97.60% |
5 Yr | -1.2%* | -7.0% | 25.2% | 96.79% |
10 Yr | N/A* | -0.3% | 14.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | LKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.6% | -5.6% | 12.9% | 1.19% |
2022 | -25.6% | -25.6% | 151.8% | 100.00% |
2021 | -1.5% | -5.1% | 7.5% | 82.93% |
2020 | 16.0% | -8.0% | 116.0% | 1.86% |
2019 | N/A | 6.7% | 17.4% | 2.65% |
LKOR - Holdings
Concentration Analysis
LKOR | Category Low | Category High | LKOR % Rank | |
---|---|---|---|---|
Net Assets | 48.6 M | 23.9 M | 47.3 B | 92.26% |
Number of Holdings | 935 | 4 | 10364 | 19.05% |
Net Assets in Top 10 | 2.32 M | -29.6 M | 3.03 B | 99.40% |
Weighting of Top 10 | 5.59% | 1.7% | 143.7% | 95.24% |
Top 10 Holdings
- U.S. Treasury Notes 0.66%
- Meta Platforms, Inc. 0.65%
- Visa, Inc. 0.65%
- Cisco Systems, Inc. 0.55%
- Altria Group, Inc. 0.55%
- Meta Platforms, Inc. 0.53%
- Wells Fargo Co. 0.52%
- Cisco Systems, Inc. 0.51%
- Wells Fargo Co. 0.49%
- Lloyds Banking Group plc 0.48%
Asset Allocation
Weighting | Return Low | Return High | LKOR % Rank | |
---|---|---|---|---|
Bonds | 98.44% | 0.00% | 136.47% | 22.62% |
Cash | 1.56% | -43.80% | 45.89% | 66.67% |
Stocks | 0.00% | 0.00% | 99.98% | 91.67% |
Preferred Stocks | 0.00% | 0.00% | 9.18% | 92.86% |
Other | 0.00% | -5.08% | 9.86% | 91.67% |
Convertible Bonds | 0.00% | 0.00% | 78.47% | 100.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | LKOR % Rank | |
---|---|---|---|---|
Corporate | 98.75% | 41.80% | 99.52% | 5.95% |
Derivative | 0.00% | -2.44% | 2.14% | 78.57% |
Cash & Equivalents | 0.00% | 0.00% | 45.89% | 100.00% |
Securitized | 0.00% | 0.00% | 23.18% | 99.40% |
Municipal | 0.00% | 0.00% | 3.37% | 98.81% |
Government | 0.00% | 0.00% | 25.63% | 100.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | LKOR % Rank | |
---|---|---|---|---|
US | 98.44% | 0.00% | 112.17% | 20.83% |
Non US | 0.00% | 0.00% | 47.05% | 91.07% |
LKOR - Expenses
Operational Fees
LKOR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.16% | 0.03% | 3.33% | 90.91% |
Management Fee | 0.15% | 0.00% | 1.35% | 12.50% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.50% |
Administrative Fee | N/A | 0.02% | 0.45% | N/A |
Sales Fees
LKOR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
LKOR 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.
LKOR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 74.00% | 0.00% | 259.00% | 58.43% |
LKOR - Distributions
Dividend Yield Analysis
LKOR | Category Low | Category High | LKOR % Rank | |
---|---|---|---|---|
Dividend Yield | 5.77% | 0.00% | 6.00% | 4.76% |
Dividend Distribution Analysis
LKOR | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
LKOR | Category Low | Category High | LKOR % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.38% | 5.93% | 6.55% |
Capital Gain Distribution Analysis
LKOR | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2024 | $0.203 | OrdinaryDividend |
Dec 02, 2024 | $0.197 | OrdinaryDividend |
Nov 01, 2024 | $0.186 | OrdinaryDividend |
Oct 01, 2024 | $0.195 | OrdinaryDividend |
Sep 03, 2024 | $0.202 | OrdinaryDividend |
Aug 01, 2024 | $0.204 | OrdinaryDividend |
Jul 01, 2024 | $0.183 | OrdinaryDividend |
Jun 03, 2024 | $0.167 | OrdinaryDividend |
May 01, 2024 | $0.193 | OrdinaryDividend |
Apr 01, 2024 | $0.200 | OrdinaryDividend |
Mar 01, 2024 | $0.186 | OrdinaryDividend |
Feb 01, 2024 | $0.200 | OrdinaryDividend |
Dec 15, 2023 | $0.193 | OrdinaryDividend |
Dec 01, 2023 | $0.188 | OrdinaryDividend |
Nov 01, 2023 | $0.190 | OrdinaryDividend |
Oct 02, 2023 | $0.181 | OrdinaryDividend |
Sep 01, 2023 | $0.184 | OrdinaryDividend |
Aug 01, 2023 | $0.185 | OrdinaryDividend |
Jul 03, 2023 | $0.181 | OrdinaryDividend |
Jun 01, 2023 | $0.189 | OrdinaryDividend |
May 01, 2023 | $0.177 | OrdinaryDividend |
Apr 03, 2023 | $0.180 | OrdinaryDividend |
Mar 01, 2023 | $0.159 | OrdinaryDividend |
Feb 01, 2023 | $0.179 | OrdinaryDividend |
Dec 16, 2022 | $0.180 | OrdinaryDividend |
Dec 01, 2022 | $0.180 | OrdinaryDividend |
Nov 01, 2022 | $0.174 | OrdinaryDividend |
Oct 03, 2022 | $0.170 | OrdinaryDividend |
Sep 01, 2022 | $0.168 | OrdinaryDividend |
Aug 01, 2022 | $0.169 | OrdinaryDividend |
Jul 01, 2022 | $0.160 | OrdinaryDividend |
Jun 01, 2022 | $0.166 | OrdinaryDividend |
May 02, 2022 | $0.157 | OrdinaryDividend |
Apr 01, 2022 | $0.161 | OrdinaryDividend |
Mar 01, 2022 | $0.144 | OrdinaryDividend |
Feb 01, 2022 | $0.156 | OrdinaryDividend |
Dec 17, 2021 | $0.159 | OrdinaryDividend |
Dec 17, 2021 | $0.253 | CapitalGainShortTerm |
Dec 17, 2021 | $0.685 | CapitalGainLongTerm |
Dec 01, 2021 | $0.153 | OrdinaryDividend |
Nov 01, 2021 | $0.153 | OrdinaryDividend |
Oct 01, 2021 | $0.155 | OrdinaryDividend |
Sep 01, 2021 | $0.160 | OrdinaryDividend |
Aug 02, 2021 | $0.153 | OrdinaryDividend |
Jul 01, 2021 | $0.174 | OrdinaryDividend |
Jun 01, 2021 | $0.161 | OrdinaryDividend |
May 03, 2021 | $0.141 | OrdinaryDividend |
Apr 01, 2021 | $0.159 | OrdinaryDividend |
Mar 01, 2021 | $0.147 | OrdinaryDividend |
Feb 01, 2021 | $0.142 | OrdinaryDividend |
Dec 18, 2020 | $0.167 | OrdinaryDividend |
Dec 18, 2020 | $0.549 | CapitalGainShortTerm |
Dec 18, 2020 | $1.653 | CapitalGainLongTerm |
Dec 01, 2020 | $0.153 | OrdinaryDividend |
Nov 02, 2020 | $0.167 | OrdinaryDividend |
Oct 01, 2020 | $0.164 | OrdinaryDividend |
Sep 01, 2020 | $0.157 | OrdinaryDividend |
Aug 03, 2020 | $0.170 | OrdinaryDividend |
Jul 01, 2020 | $0.158 | OrdinaryDividend |
Jun 01, 2020 | $0.156 | OrdinaryDividend |
May 01, 2020 | $0.148 | OrdinaryDividend |
Apr 01, 2020 | $0.171 | OrdinaryDividend |
Mar 02, 2020 | $0.156 | OrdinaryDividend |
Feb 03, 2020 | $0.153 | OrdinaryDividend |
Dec 20, 2019 | $0.173 | OrdinaryDividend |
Dec 02, 2019 | $0.141 | OrdinaryDividend |
Nov 01, 2019 | $0.173 | OrdinaryDividend |
Oct 01, 2019 | $0.168 | OrdinaryDividend |
Sep 03, 2019 | $0.203 | OrdinaryDividend |
Aug 01, 2019 | $0.175 | OrdinaryDividend |
Jul 01, 2019 | $0.176 | OrdinaryDividend |
LKOR - Fund Manager Analysis
Managers
Eric Williams
Start Date
Tenure
Tenure Rank
Sep 29, 2020
1.67
1.7%
Mr. Williams joined NTI in January 2010 and has assisted in the management of various fixed income funds
Chaitany Mandavakuriti
Start Date
Tenure
Tenure Rank
Mar 25, 2021
1.18
1.2%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 24.76 | 6.74 | 4.41 |