FlexShares Trust FlexShares Credit-Scored US Long Corporate Bond Index FundFlexShares Trust FlexShares Credit-Scored US Long Corporate Bond Index FundFlexShares Trust FlexShares Credit-Scored US Long Corporate Bond Index Fund

FlexShares Trust FlexShares Credit-Scored US Long Corporate Bond Index Fund

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Key stats


Assets under management (AUM)
‪48.39 M‬USD
Fund flows (1Y)
‪15.13 M‬USD
Dividend yield (indicated)
5.26%
Discount/Premium to NAV
0.2%

About FlexShares Trust FlexShares Credit-Scored US Long Corporate Bond Index Fund


Issuer
Northern Trust Corp.
Brand
FlexShares
Expense ratio
0.15%
Inception date
Sep 23, 2015
Index tracked
Northern Trust US Long Corporate Bond Quality Value Index
Management style
Passive
LKOR passively invests in USD-denominated long-term corporate bonds selected for value characteristics. The objective is to potentially deliver a higher total return than the broader US corporate bond market. The portfolio is optimized based on a proprietary Composite Alpha calculation, which combines quality and value scores, and effective duration. The quality score is a quantitative ranking that focuses on corporate finance, profitability measures, and financial solvency. The value score is a quantitative measure including market and fundamental valuations, including issuer default risk. The index excludes bonds ranking in the lowest quintile of non-financial sectors of the Composite Alpha score. At the monthly reconstitution, LKORs sector exposure and effective duration is adjusted to be similar to its parent index. Individual issuer exposure is capped at 3.0%. Prior to May 1, 2020, LKOR follows the Northern Trust Credit-Scored U.S. Long Corporate Bond Index.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Long-term
Strategy
Fundamental
Weighting scheme
Fundamental
Selection criteria
Fundamental
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate99.79%
Miscellaneous0.17%
Structured0.04%
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.