FlexShares Credit-Scored US Long Corporate Bond Index Fund
Name
As of 09/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$45.76
$31.9 M
5.30%
$2.43
0.16%
Vitals
YTD Return
6.1%
1 yr return
16.8%
3 Yr Avg Return
-4.6%
5 Yr Avg Return
N/A
Net Assets
$31.9 M
Holdings in Top 10
5.3%
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 09/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$45.76
$31.9 M
5.30%
$2.43
0.16%
LKOR - Profile
Distributions
- YTD Total Return 6.1%
- 3 Yr Annualized Total Return -4.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 5.3%
- 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 | 6.1% | 1.4% | 7.6% | 44.57% |
1 Yr | 16.8% | 1.8% | 16.8% | 0.57% |
3 Yr | -4.6%* | -9.7% | 41.1% | 97.13% |
5 Yr | N/A* | -7.0% | 26.4% | 20.00% |
10 Yr | N/A* | 0.4% | 14.6% | 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% | 1.14% |
2022 | -28.7% | -28.7% | 142.1% | 100.00% |
2021 | -6.0% | -12.3% | 4.9% | 87.72% |
2020 | 8.6% | -8.0% | 10.6% | 2.99% |
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 | 6.1% | 1.4% | 7.6% | 44.57% |
1 Yr | 16.8% | 1.8% | 16.8% | 0.57% |
3 Yr | -4.6%* | -9.7% | 41.1% | 97.13% |
5 Yr | N/A* | -7.0% | 26.4% | 8.09% |
10 Yr | N/A* | 0.4% | 14.6% | 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% | 1.14% |
2022 | -25.6% | -25.6% | 151.8% | 100.00% |
2021 | -1.5% | -5.1% | 7.5% | 83.63% |
2020 | 16.0% | -8.0% | 116.0% | 3.59% |
2019 | N/A | 6.7% | 17.4% | 2.65% |
LKOR - Holdings
Concentration Analysis
LKOR | Category Low | Category High | LKOR % Rank | |
---|---|---|---|---|
Net Assets | 31.9 M | 4.83 M | 47.3 B | 90.86% |
Number of Holdings | 867 | 4 | 10344 | 18.86% |
Net Assets in Top 10 | 1.65 M | -29.6 M | 2.56 B | 98.29% |
Weighting of Top 10 | 5.30% | 1.6% | 144.5% | 96.00% |
Top 10 Holdings
- International Business Machines Corp. 0.69%
- Visa, Inc. 0.68%
- Meta Platforms, Inc. 0.59%
- Altria Group, Inc. 0.54%
- Lloyds Banking Group plc 0.48%
- Cisco Systems, Inc. 0.48%
- Meta Platforms, Inc. 0.47%
- Cisco Systems, Inc. 0.46%
- Berkshire Hathaway Finance Corp. 0.46%
- ONEOK, Inc. 0.44%
Asset Allocation
Weighting | Return Low | Return High | LKOR % Rank | |
---|---|---|---|---|
Bonds | 97.81% | 0.00% | 136.47% | 40.00% |
Cash | 2.19% | -43.80% | 46.91% | 52.57% |
Stocks | 0.00% | 0.00% | 99.97% | 79.43% |
Preferred Stocks | 0.00% | 0.00% | 9.18% | 80.57% |
Other | 0.00% | -4.61% | 11.28% | 82.86% |
Convertible Bonds | 0.00% | 0.00% | 78.47% | 98.86% |
Bond Sector Breakdown
Weighting | Return Low | Return High | LKOR % Rank | |
---|---|---|---|---|
Corporate | 98.75% | 41.80% | 99.52% | 5.71% |
Derivative | 0.00% | -2.67% | 2.11% | 68.57% |
Cash & Equivalents | 0.00% | 0.00% | 46.91% | 96.00% |
Securitized | 0.00% | 0.00% | 23.18% | 96.57% |
Municipal | 0.00% | 0.00% | 3.62% | 88.00% |
Government | 0.00% | 0.00% | 25.63% | 98.86% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | LKOR % Rank | |
---|---|---|---|---|
US | 97.81% | 0.00% | 110.12% | 36.57% |
Non US | 0.00% | 0.00% | 47.05% | 82.29% |
LKOR - Expenses
Operational Fees
LKOR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.16% | 0.03% | 46.23% | 91.33% |
Management Fee | 0.15% | 0.00% | 1.35% | 12.00% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.84% |
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% | 55.49% |
LKOR - Distributions
Dividend Yield Analysis
LKOR | Category Low | Category High | LKOR % Rank | |
---|---|---|---|---|
Dividend Yield | 5.30% | 0.00% | 6.00% | 4.57% |
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 |
---|---|---|
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 | 2.47 |