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Trending ETFs

FlexShares Core Select Bond Fund

etf
BNDC
Dividend policy
Active
Price as of:
$26.19 -0.07 0%
primary theme
U.S. Intermediate-Term Bond Duration
BNDC (ETF)

FlexShares Core Select Bond Fund

Dividend policy
Active
Price as of:
$26.19 -0.07 0%
primary theme
U.S. Intermediate-Term Bond Duration
BNDC (ETF)
FlexShares Core Select Bond Fund
Dividend policy
Active
Price as of:
$26.19 -0.07 0%
primary theme
U.S. Intermediate-Term Bond Duration

BNDC - Snapshot

Vitals

  • YTD Return -2.7%
  • 3 Yr Annualized Return 5.4%
  • 5 Yr Annualized Return N/A
  • Net Assets $118 M
  • Holdings in Top 10 99.3%

52 WEEK LOW AND HIGH

$26.26
$25.85
$27.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 91.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Intermediate-Term Bond Duration
  • Fund Type Exchange Traded Fund
  • Investment Style Intermediate Core Bond

Compare BNDC to Popular U.S. Intermediate-Term Bond Duration Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$11.25

-0.27%

$306.68 B

-

$0.00

blocked
blocked
blocked

-3.18%

0.15%

$11.10

-0.27%

$246.77 B

1.95%

$0.22

blocked
blocked
blocked

-3.14%

0.09%

$10.93

-0.27%

$88.28 B

1.21%

$0.13

blocked
blocked
blocked

-2.24%

0.67%

$13.46

-0.22%

$73.37 B

1.47%

$0.20

blocked
blocked
blocked

-2.39%

0.57%

$14.32

-0.28%

$69.80 B

2.31%

$0.33

blocked
blocked
blocked

-2.25%

0.42%

Compare BNDC to Popular U.S. Intermediate-Term Bond Duration ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$85.36

-0.28%

$306.68 B

2.03%

$1.74

blocked
blocked
blocked

-2.88%

0.04%

$114.62

-0.32%

$88.12 B

1.95%

$2.24

blocked
blocked
blocked

-2.72%

0.04%

$89.36

-0.63%

$38.89 B

2.08%

$1.87

blocked
blocked
blocked

-3.49%

0.05%

$53.18

-0.28%

$13.92 B

2.10%

$1.12

blocked
blocked
blocked

-2.31%

0.06%

$54.27

-0.33%

$8.85 B

2.32%

$1.26

blocked
blocked
blocked

-2.86%

0.04%

BNDC - Profile

Distributions

  • YTD Total Return -3.0%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.73%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    FlexShares Core Select Bond Fund
  • Fund Family Name
    Flexshares Trust
  • Inception Date
    Nov 18, 2016
  • Shares Outstanding
    4525001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Personette

Fund Description

The fund invests at least 80% of its net assets in U.S. dollar-denominated investment-grade fixed-income securities either directly or indirectly through exchange-traded funds and other registered investment companies. The fund may invest, without limitation, in mortgage- or asset-backed securities, including to-be-announced transactions, and purchase and sell securities on a when-issued, delayed delivery or forward commitment basis.


BNDC - Performance

Return Ranking - Trailing

Period BNDC Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -9.2% 1367.7% 75.83%
1 Yr 0.3% -2.4% 25.5% 85.75%
3 Yr 5.4%* 0.9% 10.0% 43.95%
5 Yr N/A* 1.1% 8.0% N/A
10 Yr N/A* 1.1% 8.1% N/A

* Annualized

Return Ranking - Calendar

Period BNDC Return Category Return Low Category Return High Rank in Category (%)
2020 5.8% -10.1% 1027.9% 16.41%
2019 6.4% -2.6% 23.0% 23.16%
2018 -4.2% -12.9% 2.7% 80.46%
2017 1.4% -49.5% 14.3% 44.67%
2016 N/A -49.3% 192.8% N/A

Total Return Ranking - Trailing

Period BNDC Return Category Return Low Category Return High Rank in Category (%)
YTD -3.0% -9.2% 1367.9% 87.91%
1 Yr 0.3% -6.1% 25.5% 74.74%
3 Yr 5.4%* 0.9% 10.0% 38.42%
5 Yr N/A* 0.9% 8.0% N/A
10 Yr N/A* 1.1% 8.1% N/A

* Annualized

Total Return Ranking - Calendar

Period BNDC Return Category Return Low Category Return High Rank in Category (%)
2020 5.8% -10.1% 1027.9% 16.41%
2019 6.4% -2.6% 23.0% 25.20%
2018 -4.2% -12.9% 3.9% 83.11%
2017 1.4% -6.0% 17.4% 56.16%
2016 N/A -5.7% 204.3% N/A

BNDC - Holdings

Concentration Analysis

BNDC Category Low Category High BNDC % Rank
Net Assets 118 M 3.17 M 307 B 88.47%
Number of Holdings 12 1 18581 98.43%
Net Assets in Top 10 118 M -1.15 B 41.7 B 67.74%
Weighting of Top 10 99.33% 3.5% 100.0% 1.42%

Top 10 Holdings

  1. FlexShares Credit-Scored US Corp Bd ETF 30.07%
  2. FlexShares Disciplined Duration MBS ETF 12.45%
  3. iShares MBS ETF 12.44%
  4. iShares 1-5 Year invmt Grd Corp Bd ETF 9.51%
  5. iShares 5-10 Year invmt Grd Corp Bd ETF 8.53%
  6. iShares 20+ Year Treasury Bond ETF 7.79%
  7. iShares 10+ Year Invmt Grd Corp Bd ETF 6.51%
  8. FlexShares Crdt-Scrd US Lng Corp Bd ETF 5.02%
  9. iShares 7-10 Year Treasury Bond ETF 4.16%
  10. iShares 3-7 Year Treasury Bond ETF 2.86%

Asset Allocation

Weighting Return Low Return High BNDC % Rank
Bonds
91.45% -49.43% 176.88% 73.57%
Cash
6.09% -86.81% 162.46% 33.83%
Convertible Bonds
2.46% 0.00% 20.83% 14.97%
Stocks
0.00% -0.28% 30.64% 63.77%
Preferred Stocks
0.00% 0.00% 86.98% 70.79%
Other
0.00% -16.32% 18.62% 54.07%

Bond Sector Breakdown

Weighting Return Low Return High BNDC % Rank
Corporate
57.59% 0.00% 100.00% 5.73%
Securitized
19.47% 0.00% 98.63% 82.99%
Government
14.72% 0.00% 74.17% 74.03%
Cash & Equivalents
8.21% 0.00% 85.08% 32.26%
Municipal
0.01% 0.00% 100.00% 73.11%
Derivative
0.00% 0.00% 25.69% 70.15%

Bond Geographic Breakdown

Weighting Return Low Return High BNDC % Rank
US
80.82% -49.69% 245.19% 64.79%
Non US
10.63% -108.35% 38.91% 45.29%

BNDC - Expenses

Operational Fees

BNDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.01% 19.93% 87.44%
Management Fee 0.35% 0.00% 0.85% 42.30%
12b-1 Fee 0.00% 0.00% 1.00% 8.53%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

BNDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

BNDC 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.

BNDC Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 91.00% 0.00% 496.00% 37.27%

BNDC - Distributions

Dividend Yield Analysis

BNDC Category Low Category High BNDC % Rank
Dividend Yield 0.50% 0.00% 2.59% 3.78%

Dividend Distribution Analysis

BNDC Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

BNDC Category Low Category High BNDC % Rank
Net Income Ratio 1.73% -0.39% 11.28% 73.78%

Capital Gain Distribution Analysis

BNDC Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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BNDC - Fund Manager Analysis

Managers

Daniel Personette


Start Date

Tenure

Tenure Rank

Nov 18, 2016

4.53

4.5%

Daniel Personette, CFA is a Vice President, Director- Interest Rate Strategy and a Senior Fixed Income Portfolio Manager with the long duration fixed income group within Northern Trust Global Investments. Dan is responsible for the interest rate strategy for active long duration fixed income, and is also lead portfolio manager for $15 billion passive global interest rate and $11 billion in domestic inflation products and ETF's.

Morten Olsen


Start Date

Tenure

Tenure Rank

Sep 29, 2020

0.67

0.7%

Morten Olsen is a Vice President of Northern Trust Investments, Inc. Mr. Olsen joined Northern Trust Investments, Inc. in 2009. From 2004 to 2008, Mr. Olsen worked at Lehman Brothers and from 2008 to 2009 at Nomura. In both roles, Mr. Olsen was responsible for the investment of the banks liquidity pool.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 32.43 6.77 0.16