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About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
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Inception date
Sep 25, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
ISIN
US33939L8037
TLTD offers a different take from the broad developed ex-US stocks. The fund, launched September 2012, shares a similar mindset with its US-based cousin, TILT, namely, a bias toward smaller, value-oriented firms, based on work done by Fama and French. Fama and French championed a 3-factor pricing model that added size and style to market risk. TLTD applies the logic with a very light hand. Its bias toward small-caps is noticeable, with more allocations to small-caps compared to the usual regular market-cap-weighted fund. Subscribers to the Fama-French view might argue that slight tilts rather than huge biases make TLTD more viable for long-term allocation. Overall, be mindful of the funds small cap bias before investing. The underlying index is reconstituted semi-annually and rebalanced quarterly.
Related funds
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TLTD trades at 88.82 USD today, its price has fallen −0.89% in the past 24 hours. Track more dynamics on TLTD price chart.
TLTD net asset value is 89.22 today — it's risen 2.11% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TLTD assets under management is 570.63 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TLTD price has risen by 0.79% over the last month, and its yearly performance shows a 21.64% increase. See more dynamics on TLTD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.11% over the last month, showed a 8.07% increase in three-month performance and has increased by 24.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.11% over the last month, showed a 8.07% increase in three-month performance and has increased by 24.92% in a year.
TLTD fund flows account for 2.61 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TLTD invests in stocks. See more details in our Analysis section.
TLTD expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TLTD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TLTD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TLTD shows the buy signal. See more of TLTD technicals for a more comprehensive analysis.
Today, TLTD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TLTD shows the buy signal. See more of TLTD technicals for a more comprehensive analysis.
Yes, TLTD pays dividends to its holders with the dividend yield of 3.21%.
TLTD trades at a premium (0.44%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TLTD shares are issued by Northern Trust Corp.
TLTD follows the Morningstar Developed Markets ex-US Factor Tilt Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 25, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.