FlexShares Credit-Scored US Corporate Bond Index Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
4.6%
3 Yr Avg Return
0.4%
5 Yr Avg Return
1.7%
Net Assets
$467 M
Holdings in Top 10
9.2%
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 53.00%
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
SKOR - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 0.4%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.69%
- Dividend Yield 5.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlexShares Credit-Scored US Corporate Bond Index Fund
-
Fund Family NameFlexshares Trust
-
Inception DateNov 12, 2014
-
Shares Outstanding5100001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Williams
Fund Description
SKOR - Performance
Return Ranking - Trailing
Period | SKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -2.5% | 7.5% | 4.76% |
1 Yr | 4.6% | -1.9% | 7.8% | 5.36% |
3 Yr | 0.4%* | -7.8% | 40.4% | 5.39% |
5 Yr | 1.7%* | -7.0% | 25.2% | 8.33% |
10 Yr | 2.7%* | -0.3% | 14.3% | 25.74% |
* Annualized
Return Ranking - Calendar
Period | SKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -5.6% | 6.3% | 72.62% |
2022 | -12.1% | -28.7% | 142.1% | 7.19% |
2021 | -3.8% | -12.3% | 4.9% | 41.46% |
2020 | 5.2% | -8.0% | 9.0% | 59.01% |
2019 | 6.8% | 4.3% | 13.4% | 94.70% |
Total Return Ranking - Trailing
Period | SKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -2.5% | 7.5% | 4.76% |
1 Yr | 4.6% | -1.9% | 7.8% | 5.36% |
3 Yr | 0.4%* | -7.8% | 40.4% | 5.39% |
5 Yr | 1.7%* | -7.0% | 25.2% | 8.33% |
10 Yr | 2.7%* | -0.3% | 14.3% | 25.74% |
* Annualized
Total Return Ranking - Calendar
Period | SKOR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.6% | -5.6% | 12.9% | 79.76% |
2022 | -9.9% | -25.6% | 151.8% | 7.19% |
2021 | -1.4% | -5.1% | 7.5% | 78.66% |
2020 | 8.8% | -8.0% | 116.0% | 72.67% |
2019 | 10.7% | 6.7% | 17.4% | 92.05% |
SKOR - Holdings
Concentration Analysis
SKOR | Category Low | Category High | SKOR % Rank | |
---|---|---|---|---|
Net Assets | 467 M | 23.9 M | 47.3 B | 66.07% |
Number of Holdings | 1617 | 4 | 10364 | 12.50% |
Net Assets in Top 10 | 37.8 M | -29.6 M | 3.03 B | 71.43% |
Weighting of Top 10 | 9.21% | 1.7% | 143.7% | 77.38% |
Top 10 Holdings
- Treasury Repurchase Agreement 6.41%
- U.S. Treasury Bills 0.38%
- Bank of America Corp. 0.37%
- Citigroup, Inc. 0.35%
- JPMorgan Chase Co. 0.33%
- HSBC Holdings plc 0.31%
- Fiserv, Inc. 0.30%
- Citigroup, Inc. 0.26%
- HSBC Holdings plc 0.25%
- U.S. Treasury Notes 0.25%
Asset Allocation
Weighting | Return Low | Return High | SKOR % Rank | |
---|---|---|---|---|
Bonds | 98.33% | 0.00% | 136.47% | 28.57% |
Other | 6.41% | -5.08% | 9.86% | 2.38% |
Convertible Bonds | 5.71% | 0.00% | 78.47% | 36.31% |
Cash | 0.38% | -43.80% | 45.89% | 85.12% |
Stocks | 0.00% | 0.00% | 99.98% | 89.29% |
Preferred Stocks | 0.00% | 0.00% | 9.18% | 89.88% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SKOR % Rank | |
---|---|---|---|---|
Corporate | 99.06% | 41.80% | 99.52% | 2.38% |
Cash & Equivalents | 0.38% | 0.00% | 45.89% | 69.05% |
Derivative | 0.00% | -2.44% | 2.14% | 77.98% |
Securitized | 0.00% | 0.00% | 23.18% | 98.21% |
Municipal | 0.00% | 0.00% | 3.37% | 96.43% |
Government | 0.00% | 0.00% | 25.63% | 99.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SKOR % Rank | |
---|---|---|---|---|
US | 98.33% | 0.00% | 112.17% | 26.79% |
Non US | 0.00% | 0.00% | 47.05% | 88.69% |
SKOR - Expenses
Operational Fees
SKOR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.16% | 0.03% | 3.33% | 90.30% |
Management Fee | 0.15% | 0.00% | 1.35% | 11.90% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.11% |
Administrative Fee | N/A | 0.02% | 0.45% | N/A |
Sales Fees
SKOR 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
SKOR 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.
SKOR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 53.00% | 0.00% | 259.00% | 43.98% |
SKOR - Distributions
Dividend Yield Analysis
SKOR | Category Low | Category High | SKOR % Rank | |
---|---|---|---|---|
Dividend Yield | 5.01% | 0.00% | 6.00% | 29.76% |
Dividend Distribution Analysis
SKOR | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
SKOR | Category Low | Category High | SKOR % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.69% | 0.38% | 5.93% | 81.33% |
Capital Gain Distribution Analysis
SKOR | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2024 | $0.199 | OrdinaryDividend |
Dec 02, 2024 | $0.194 | OrdinaryDividend |
Nov 01, 2024 | $0.200 | OrdinaryDividend |
Oct 01, 2024 | $0.179 | OrdinaryDividend |
Sep 03, 2024 | $0.199 | OrdinaryDividend |
Aug 01, 2024 | $0.204 | OrdinaryDividend |
Jul 01, 2024 | $0.197 | OrdinaryDividend |
Jun 03, 2024 | $0.200 | OrdinaryDividend |
May 01, 2024 | $0.185 | OrdinaryDividend |
Apr 01, 2024 | $0.200 | OrdinaryDividend |
Mar 01, 2024 | $0.184 | OrdinaryDividend |
Feb 01, 2024 | $0.194 | OrdinaryDividend |
Dec 15, 2023 | $0.190 | OrdinaryDividend |
Dec 01, 2023 | $0.189 | OrdinaryDividend |
Nov 01, 2023 | $0.183 | OrdinaryDividend |
Oct 02, 2023 | $0.171 | OrdinaryDividend |
Sep 01, 2023 | $0.167 | OrdinaryDividend |
Aug 01, 2023 | $0.160 | OrdinaryDividend |
Jul 03, 2023 | $0.153 | OrdinaryDividend |
Jun 01, 2023 | $0.151 | OrdinaryDividend |
May 01, 2023 | $0.137 | OrdinaryDividend |
Apr 03, 2023 | $0.134 | OrdinaryDividend |
Mar 01, 2023 | $0.116 | OrdinaryDividend |
Feb 01, 2023 | $0.121 | OrdinaryDividend |
Dec 16, 2022 | $0.125 | OrdinaryDividend |
Dec 01, 2022 | $0.121 | OrdinaryDividend |
Nov 01, 2022 | $0.114 | OrdinaryDividend |
Oct 03, 2022 | $0.103 | OrdinaryDividend |
Sep 01, 2022 | $0.101 | OrdinaryDividend |
Aug 01, 2022 | $0.100 | OrdinaryDividend |
Jul 01, 2022 | $0.093 | OrdinaryDividend |
Jun 01, 2022 | $0.093 | OrdinaryDividend |
May 02, 2022 | $0.092 | OrdinaryDividend |
Apr 01, 2022 | $0.088 | OrdinaryDividend |
Mar 01, 2022 | $0.078 | OrdinaryDividend |
Feb 01, 2022 | $0.082 | OrdinaryDividend |
Dec 17, 2021 | $0.079 | OrdinaryDividend |
Dec 17, 2021 | $0.088 | CapitalGainShortTerm |
Dec 17, 2021 | $0.324 | CapitalGainLongTerm |
Dec 01, 2021 | $0.075 | OrdinaryDividend |
Nov 01, 2021 | $0.078 | OrdinaryDividend |
Oct 01, 2021 | $0.074 | OrdinaryDividend |
Sep 01, 2021 | $0.079 | OrdinaryDividend |
Aug 02, 2021 | $0.079 | OrdinaryDividend |
Jul 01, 2021 | $0.081 | OrdinaryDividend |
Jun 01, 2021 | $0.080 | OrdinaryDividend |
May 03, 2021 | $0.079 | OrdinaryDividend |
Apr 01, 2021 | $0.078 | OrdinaryDividend |
Mar 01, 2021 | $0.072 | OrdinaryDividend |
Feb 01, 2021 | $0.081 | OrdinaryDividend |
Dec 18, 2020 | $0.086 | OrdinaryDividend |
Dec 18, 2020 | $0.162 | CapitalGainShortTerm |
Dec 18, 2020 | $0.454 | CapitalGainLongTerm |
Dec 01, 2020 | $0.076 | OrdinaryDividend |
Nov 02, 2020 | $0.097 | OrdinaryDividend |
Oct 01, 2020 | $0.091 | OrdinaryDividend |
Sep 01, 2020 | $0.096 | OrdinaryDividend |
Aug 03, 2020 | $0.104 | OrdinaryDividend |
Jul 01, 2020 | $0.095 | OrdinaryDividend |
Jun 01, 2020 | $0.111 | OrdinaryDividend |
May 01, 2020 | $0.122 | OrdinaryDividend |
Apr 01, 2020 | $0.123 | OrdinaryDividend |
Mar 02, 2020 | $0.111 | OrdinaryDividend |
Feb 03, 2020 | $0.129 | OrdinaryDividend |
Dec 20, 2019 | $0.122 | OrdinaryDividend |
Dec 20, 2019 | $0.223 | CapitalGainShortTerm |
Dec 02, 2019 | $0.133 | OrdinaryDividend |
Nov 01, 2019 | $0.131 | OrdinaryDividend |
Oct 01, 2019 | $0.131 | OrdinaryDividend |
Sep 03, 2019 | $0.136 | OrdinaryDividend |
Aug 01, 2019 | $0.138 | OrdinaryDividend |
Jul 01, 2019 | $0.128 | OrdinaryDividend |
Jun 03, 2019 | $0.147 | OrdinaryDividend |
May 01, 2019 | $0.137 | OrdinaryDividend |
Apr 01, 2019 | $0.136 | OrdinaryDividend |
Mar 01, 2019 | $0.128 | OrdinaryDividend |
Feb 01, 2019 | $0.153 | OrdinaryDividend |
Dec 21, 2018 | $0.109 | OrdinaryDividend |
Dec 03, 2018 | $0.112 | OrdinaryDividend |
Nov 01, 2018 | $0.129 | OrdinaryDividend |
Oct 01, 2018 | $0.123 | OrdinaryDividend |
Sep 04, 2018 | $0.125 | OrdinaryDividend |
Aug 01, 2018 | $0.123 | OrdinaryDividend |
Jul 02, 2018 | $0.117 | OrdinaryDividend |
Jun 01, 2018 | $0.122 | OrdinaryDividend |
May 01, 2018 | $0.104 | OrdinaryDividend |
Apr 02, 2018 | $0.115 | OrdinaryDividend |
Mar 01, 2018 | $0.102 | OrdinaryDividend |
Feb 01, 2018 | $0.111 | OrdinaryDividend |
Dec 21, 2017 | $0.111 | OrdinaryDividend |
Dec 01, 2017 | $0.103 | OrdinaryDividend |
Nov 01, 2017 | $0.109 | OrdinaryDividend |
Oct 02, 2017 | $0.101 | OrdinaryDividend |
Sep 01, 2017 | $0.107 | OrdinaryDividend |
Aug 01, 2017 | $0.109 | OrdinaryDividend |
Jul 03, 2017 | $0.099 | OrdinaryDividend |
Jun 01, 2017 | $0.109 | OrdinaryDividend |
May 01, 2017 | $0.105 | OrdinaryDividend |
Apr 03, 2017 | $0.107 | OrdinaryDividend |
Mar 01, 2017 | $0.096 | OrdinaryDividend |
Feb 01, 2017 | $0.098 | OrdinaryDividend |
Dec 22, 2016 | $0.103 | ExtraDividend |
Dec 22, 2016 | $0.143 | CapitalGainShortTerm |
Dec 22, 2016 | $0.055 | CapitalGainLongTerm |
Dec 01, 2016 | $0.098 | OrdinaryDividend |
Nov 01, 2016 | $0.102 | OrdinaryDividend |
Oct 03, 2016 | $0.098 | OrdinaryDividend |
Sep 01, 2016 | $0.101 | OrdinaryDividend |
Aug 01, 2016 | $0.102 | OrdinaryDividend |
Jul 01, 2016 | $0.096 | OrdinaryDividend |
Jun 01, 2016 | $0.089 | OrdinaryDividend |
May 02, 2016 | $0.108 | OrdinaryDividend |
Apr 01, 2016 | $0.091 | OrdinaryDividend |
Mar 01, 2016 | $0.096 | OrdinaryDividend |
Feb 01, 2016 | $0.088 | OrdinaryDividend |
Dec 29, 2015 | $0.103 | OrdinaryDividend |
Dec 01, 2015 | $0.092 | OrdinaryDividend |
Nov 02, 2015 | $0.107 | OrdinaryDividend |
Oct 01, 2015 | $0.057 | OrdinaryDividend |
Sep 01, 2015 | $0.100 | OrdinaryDividend |
Aug 03, 2015 | $0.091 | OrdinaryDividend |
Jul 01, 2015 | $0.098 | OrdinaryDividend |
Jun 01, 2015 | $0.100 | OrdinaryDividend |
May 01, 2015 | $0.096 | OrdinaryDividend |
Apr 01, 2015 | $0.098 | OrdinaryDividend |
Mar 02, 2015 | $0.088 | OrdinaryDividend |
Feb 02, 2015 | $0.097 | OrdinaryDividend |
Dec 29, 2014 | $0.098 | ExtraDividend |
Dec 01, 2014 | $0.057 | OrdinaryDividend |
SKOR - 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 |