FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.4%
1 yr return
2.7%
3 Yr Avg Return
1.4%
5 Yr Avg Return
3.1%
Net Assets
$1.95 B
Holdings in Top 10
52.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 71.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TDTT - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 1.4%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlexShares iBoxx 3-Year Target Duration TIPS Index Fund
-
Fund Family NameFlexshares Trust
-
Inception DateSep 19, 2011
-
Shares Outstanding83504000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Chico
Fund Description
TDTT - Performance
Return Ranking - Trailing
Period | TDTT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -12.4% | 7.4% | 26.44% |
1 Yr | 2.7% | -15.5% | 7.0% | 21.26% |
3 Yr | 1.4%* | -12.4% | 5.8% | 17.33% |
5 Yr | 3.1%* | -6.0% | 4.6% | 12.82% |
10 Yr | 1.9%* | -2.0% | 2.9% | 31.11% |
* Annualized
Return Ranking - Calendar
Period | TDTT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.4% | -8.7% | 5.1% | 46.60% |
2022 | -10.6% | -52.3% | -4.0% | 18.72% |
2021 | 0.8% | -7.9% | 7.7% | 43.22% |
2020 | 5.6% | -29.4% | 23.0% | 71.94% |
2019 | 3.7% | 0.8% | 16.7% | 77.44% |
Total Return Ranking - Trailing
Period | TDTT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -12.4% | 7.4% | 26.44% |
1 Yr | 2.7% | -15.5% | 7.0% | 21.26% |
3 Yr | 1.4%* | -12.4% | 5.8% | 17.33% |
5 Yr | 3.1%* | -6.0% | 4.6% | 12.82% |
10 Yr | 1.9%* | -2.0% | 2.9% | 31.11% |
* Annualized
Total Return Ranking - Calendar
Period | TDTT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.4% | -5.2% | 9.5% | 26.21% |
2022 | -4.6% | -40.1% | 9.2% | 14.78% |
2021 | 5.5% | -2.7% | 37.6% | 43.72% |
2020 | 6.8% | -0.5% | 27.5% | 76.53% |
2019 | 5.7% | 2.8% | 19.3% | 77.95% |
TDTT - Holdings
Concentration Analysis
TDTT | Category Low | Category High | TDTT % Rank | |
---|---|---|---|---|
Net Assets | 1.95 B | 968 K | 51.7 B | 35.10% |
Number of Holdings | 27 | 2 | 1550 | 85.10% |
Net Assets in Top 10 | 1 B | 949 K | 25 B | 41.35% |
Weighting of Top 10 | 52.10% | 9.2% | 103.8% | 48.79% |
Top 10 Holdings
- U.S. Treasury Inflation Linked Notes 8.04%
- U.S. Treasury Inflation Linked Notes 7.58%
- U.S. Treasury Inflation Linked Notes 7.08%
- U.S. Treasury Inflation Linked Notes 6.94%
- U.S. Treasury Inflation Linked Bonds 4.40%
- U.S. Treasury Inflation Linked Notes 3.87%
- U.S. Treasury Inflation Linked Notes 3.79%
- U.S. Treasury Inflation Linked Notes 3.77%
- U.S. Treasury Inflation Linked Bonds 3.34%
- U.S. Treasury Inflation Linked Notes 3.29%
Asset Allocation
Weighting | Return Low | Return High | TDTT % Rank | |
---|---|---|---|---|
Bonds | 99.69% | 0.00% | 200.47% | 23.08% |
Cash | 0.31% | -42.00% | 30.48% | 67.31% |
Stocks | 0.00% | 0.00% | 100.05% | 38.94% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 37.50% |
Other | 0.00% | -51.42% | 61.84% | 75.00% |
Convertible Bonds | 0.00% | 0.00% | 3.96% | 59.13% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TDTT % Rank | |
---|---|---|---|---|
Government | 99.97% | 6.70% | 112.97% | 4.33% |
Derivative | 0.00% | -26.13% | 19.50% | 69.71% |
Cash & Equivalents | 0.00% | 0.00% | 20.89% | 80.77% |
Securitized | 0.00% | 0.00% | 58.03% | 80.77% |
Corporate | 0.00% | 0.00% | 50.64% | 78.37% |
Municipal | 0.00% | 0.00% | 1.28% | 50.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TDTT % Rank | |
---|---|---|---|---|
US | 99.69% | 0.00% | 172.85% | 15.38% |
Non US | 0.00% | 0.00% | 54.30% | 60.10% |
TDTT - Expenses
Operational Fees
TDTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.19% | 0.03% | 2.35% | 89.81% |
Management Fee | 0.18% | 0.00% | 0.99% | 16.35% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.32% |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
TDTT 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
TDTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
TDTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 71.00% | 0.00% | 246.00% | 63.82% |
TDTT - Distributions
Dividend Yield Analysis
TDTT | Category Low | Category High | TDTT % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.14% | 28.37% |
Dividend Distribution Analysis
TDTT | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
TDTT | Category Low | Category High | TDTT % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -0.06% | 6.71% | 69.16% |
Capital Gain Distribution Analysis
TDTT | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.010 | OrdinaryDividend |
Dec 07, 2023 | $0.080 | OrdinaryDividend |
Nov 07, 2023 | $0.125 | OrdinaryDividend |
Oct 06, 2023 | $0.063 | OrdinaryDividend |
Sep 08, 2023 | $0.091 | OrdinaryDividend |
Aug 07, 2023 | $0.073 | OrdinaryDividend |
Jul 10, 2023 | $0.134 | OrdinaryDividend |
Jun 07, 2023 | $0.090 | OrdinaryDividend |
May 05, 2023 | $0.144 | OrdinaryDividend |
Apr 10, 2023 | $0.106 | OrdinaryDividend |
Dec 22, 2022 | $0.095 | OrdinaryDividend |
Dec 07, 2022 | $0.050 | OrdinaryDividend |
Sep 08, 2022 | $0.305 | OrdinaryDividend |
Aug 05, 2022 | $0.250 | OrdinaryDividend |
Jul 08, 2022 | $0.111 | OrdinaryDividend |
Jun 07, 2022 | $0.298 | OrdinaryDividend |
May 06, 2022 | $0.186 | OrdinaryDividend |
Apr 07, 2022 | $0.157 | OrdinaryDividend |
Mar 07, 2022 | $0.047 | OrdinaryDividend |
Feb 07, 2022 | $0.141 | OrdinaryDividend |
Dec 23, 2021 | $0.127 | OrdinaryDividend |
Dec 07, 2021 | $0.042 | OrdinaryDividend |
Nov 05, 2021 | $0.026 | OrdinaryDividend |
Oct 07, 2021 | $0.095 | OrdinaryDividend |
Sep 08, 2021 | $0.206 | OrdinaryDividend |
Aug 06, 2021 | $0.174 | OrdinaryDividend |
Jul 08, 2021 | $0.181 | OrdinaryDividend |
Jun 07, 2021 | $0.152 | OrdinaryDividend |
May 07, 2021 | $0.118 | OrdinaryDividend |
Apr 08, 2021 | $0.071 | OrdinaryDividend |
Dec 24, 2020 | $0.012 | OrdinaryDividend |
Dec 07, 2020 | $0.037 | OrdinaryDividend |
Nov 06, 2020 | $0.071 | OrdinaryDividend |
Oct 07, 2020 | $0.038 | OrdinaryDividend |
May 07, 2020 | $0.068 | OrdinaryDividend |
Apr 07, 2020 | $0.074 | OrdinaryDividend |
Dec 27, 2019 | $0.061 | OrdinaryDividend |
Dec 06, 2019 | $0.024 | OrdinaryDividend |
Nov 07, 2019 | $0.004 | OrdinaryDividend |
Oct 07, 2019 | $0.047 | OrdinaryDividend |
Sep 09, 2019 | $0.010 | OrdinaryDividend |
Aug 07, 2019 | $0.056 | OrdinaryDividend |
Jul 08, 2019 | $0.136 | OrdinaryDividend |
Jun 07, 2019 | $0.135 | OrdinaryDividend |
Dec 28, 2018 | $0.050 | OrdinaryDividend |
Dec 07, 2018 | $0.033 | OrdinaryDividend |
Nov 07, 2018 | $0.018 | OrdinaryDividend |
Oct 05, 2018 | $0.005 | OrdinaryDividend |
Sep 10, 2018 | $0.043 | OrdinaryDividend |
Aug 07, 2018 | $0.116 | OrdinaryDividend |
Jul 09, 2018 | $0.100 | OrdinaryDividend |
Jun 07, 2018 | $0.058 | OrdinaryDividend |
May 07, 2018 | $0.110 | OrdinaryDividend |
Apr 06, 2018 | $0.058 | OrdinaryDividend |
Dec 28, 2017 | $0.034 | OrdinaryDividend |
Dec 07, 2017 | $0.123 | OrdinaryDividend |
Nov 07, 2017 | $0.044 | OrdinaryDividend |
Sep 08, 2017 | $0.015 | OrdinaryDividend |
Aug 07, 2017 | $0.013 | OrdinaryDividend |
Jul 10, 2017 | $0.064 | OrdinaryDividend |
Jun 07, 2017 | $0.010 | OrdinaryDividend |
May 05, 2017 | $0.067 | OrdinaryDividend |
Apr 07, 2017 | $0.087 | OrdinaryDividend |
Dec 29, 2016 | $0.021 | OrdinaryDividend |
Dec 07, 2016 | $0.047 | OrdinaryDividend |
Sep 08, 2016 | $0.070 | OrdinaryDividend |
Aug 05, 2016 | $0.087 | OrdinaryDividend |
Jul 08, 2016 | $0.025 | OrdinaryDividend |
Jan 05, 2015 | $0.019 | OrdinaryDividend |
Dec 05, 2014 | $0.001 | OrdinaryDividend |
Sep 08, 2014 | $0.020 | OrdinaryDividend |
Aug 07, 2014 | $0.057 | OrdinaryDividend |
Jul 08, 2014 | $0.052 | OrdinaryDividend |
Jun 06, 2014 | $0.059 | OrdinaryDividend |
Jun 07, 2013 | $0.048 | OrdinaryDividend |
Dec 07, 2012 | $0.048 | OrdinaryDividend |
Jul 09, 2012 | $0.072 | OrdinaryDividend |
Jun 07, 2012 | $0.116 | OrdinaryDividend |
Jan 05, 2012 | $0.002 | OrdinaryDividend |
Dec 07, 2011 | $0.011 | OrdinaryDividend |
Nov 07, 2011 | $0.022 | OrdinaryDividend |
TDTT - Fund Manager Analysis
Managers
Michael Chico
Start Date
Tenure
Tenure Rank
Sep 19, 2011
10.7
10.7%
Michael Chico is a Vice President at the Northern Trust Investments, Inc. He is a Fixed Income Portfolio Manager in the Fixed Income group and is responsible for quantitatively managing and trading fixed income accounts for Northern Trust clients. Mike originally joined Northern Trust in 2005 as Fixed Income Securities Trader with Northern Trust Securities, Inc., where he focused on structured products, non-USD fixed income securities, MBS/ABS, and Treasury securities. Prior to joining Northern Trust, he was vice president of MBS Trading at J.P. Morgan Securities, Inc, formerly Banc One Capital Markets, Inc.Mike received his B.A. degree in Economics from the University of Pennsylvania and his M.B.A. in Finance and Economics from The University of Chicago Graduate School of Business. He is a CFA charterholder in the CFA Society of Chicago. Michael R. Chico is Vice President of NTI. Mr. Chico joined NTI in 2007 and is responsible for managing various fixed-income funds.
Daniel Personette
Start Date
Tenure
Tenure Rank
Sep 19, 2011
10.7
10.7%
Daniel J. Personette, CFA is a Vice President, Director- Interest Rate Strategy and a Senior Fixed Income Portfolio Manager with the long duration fixed income group within Northern Trust Global Investments. Dan is responsible for the interest rate strategy for active long duration fixed income, and is also lead portfolio manager for $15 billion passive global interest rate and $11 billion in domestic inflation products and ETF's. Prior to joining Northern Trust as an Accounting Auditor in 1996, he served in the shareholder service department at Kemper Mutual Funds. He was named an Officer In September of 2000, and a Second Vice President in 2003.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 20.51 | 6.61 | 11.1 |