Key stats
About FlexShares Credit-Scored US Long Corporate Bond Index Fund
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Inception date
Sep 23, 2015
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
ISIN
US33939L7534
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
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%
Corporate99.94%
Structured0.06%
Stock breakdown by region
North America93.14%
Europe5.44%
Asia0.81%
Oceania0.61%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LKOR top holdings are Meta Platforms, Inc. 5.6% 15-MAY-2053 and McDonald's Corporation 4.875% 09-DEC-2045, occupying 0.96% and 0.90% of the portfolio correspondingly.
LKOR last dividends amounted to 0.17 USD. The month before, the issuer paid 0.20 USD in dividends, which shows a 16.33% decrease.
LKOR assets under management is 43.73 M USD. It's risen 2.77% over the last month.
LKOR fund flows account for 2.79 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, LKOR pays dividends to its holders with the dividend yield of 5.47%. The last dividend (Sep 8, 2025) amounted to 0.17 USD. The dividends are paid monthly.
LKOR shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Sep 23, 2015, and its management style is Passive.
LKOR expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
LKOR follows the Northern Trust US Long Corporate Bond Quality Value Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LKOR invests in bonds.
LKOR price has risen by 2.69% over the last month, and its yearly performance shows a −4.95% decrease. See more dynamics on LKOR price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.87% increase in three-month performance and has increased by 0.76% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.87% increase in three-month performance and has increased by 0.76% in a year.
LKOR trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.