Key stats
About FlexShares ESG & Climate Investment Grade Corporate Core Index Fund
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Inception date
Sep 20, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US33939L5710
FEIG is passively managed to provide broad-market, core exposure to the investment-grade segment of the corporate bond market. The index takes from a selection universe of USD-denominated, investment-grade corporate debt with remaining maturities of at least one year. An optimization process is used to select and weight securities in order to increase aggregate ESG score and reduce aggregate climate-related risk. Companies are ranked based on material ESG metrics and corporate governance characteristics. Each company is then assessed for carbon emissions intensity and carbon risk rating. Violators of international initiatives such as the UN global compact and firms involved in controversial activities are excluded from the portfolio. Weights are also optimized to minimize systematic risk. The index is reconstituted and rebalanced on a monthly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate100.00%
Stock breakdown by region
North America89.23%
Europe7.84%
Asia1.81%
Oceania1.01%
Latin America0.11%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FEIG top holdings are Ford Motor Credit Company LLC 7.2% 10-JUN-2030 and Verizon Communications Inc. 2.55% 21-MAR-2031, occupying 1.16% and 1.07% of the portfolio correspondingly.
FEIG last dividends amounted to 0.17 USD. The month before, the issuer paid 0.17 USD in dividends, which shows a 0.58% increase.
FEIG assets under management is 39.38 M USD. It's fallen 9.43% over the last month.
FEIG fund flows account for −10.30 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FEIG pays dividends to its holders with the dividend yield of 4.81%. The last dividend (Feb 6, 2026) amounted to 0.17 USD. The dividends are paid monthly.
FEIG shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Sep 20, 2021, and its management style is Passive.
FEIG expense ratio is 0.12% meaning you'd have to pay 0.12% of your investment to help manage the fund.
FEIG follows the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEIG invests in bonds.
FEIG price has risen by 0.28% over the last month, and its yearly performance shows a 1.77% increase. See more dynamics on FEIG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.03% over the last month, showed a 0.28% increase in three-month performance and has increased by 6.90% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.03% over the last month, showed a 0.28% increase in three-month performance and has increased by 6.90% in a year.
FEIG trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.