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Trending ETFs

FlexShares Credit-Scored US Corporate Bond Index Fund

etf
SKOR
Dividend policy
Active
Price as of:
$54.14 -0.07 0%
primary theme
Corporate Bond
SKOR (ETF)

FlexShares Credit-Scored US Corporate Bond Index Fund

Dividend policy
Active
Price as of:
$54.14 -0.07 0%
primary theme
Corporate Bond
SKOR (ETF)

FlexShares Credit-Scored US Corporate Bond Index Fund

Dividend policy
Active
Price as of:
$54.14 -0.07 0%
primary theme
Corporate Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$54.14

-

1.81%

$0.98

0.22%

Vitals

YTD Return

-1.2%

1 yr return

1.6%

3 Yr Avg Return

6.5%

5 Yr Avg Return

3.8%

Net Assets

$304 M

Holdings in Top 10

4.7%

52 WEEK LOW AND HIGH

$54.21
$53.37
$55.37

Expenses

OPERATING FEES

Expense Ratio 0.22%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Corporate Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$54.14

-

1.81%

$0.98

0.22%

SKOR - Profile

Distributions

  • YTD Total Return -1.3%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.46%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    FlexShares Credit-Scored US Corporate Bond Index Fund
  • Fund Family Name
    Flexshares Trust
  • Inception Date
    Nov 12, 2014
  • Shares Outstanding
    5600001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Eric Williams

Fund Description

The underlying index reflects the performance of a broad universe of US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Corporate Bond Index SM. The fund generally will invest at least 80% of its total assets in the securities of its index. The fund is non-diversified.


SKOR - Performance

Return Ranking - Trailing

Period SKOR Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -87.1% 10.7% 22.70%
1 Yr 1.6% -11.5% 45.4% 79.00%
3 Yr 6.5%* -0.8% 12.0% 61.79%
5 Yr 3.8%* 1.5% 8.1% 80.24%
10 Yr N/A* 2.0% 8.0% N/A

* Annualized

Return Ranking - Calendar

Period SKOR Return Category Return Low Category Return High Rank in Category (%)
2020 5.2% -85.3% 10.6% 29.54%
2019 6.8% -44.7% 19.2% 65.09%
2018 -4.0% -52.7% -2.0% 9.80%
2017 1.8% -10.1% 9.5% 57.20%
2016 -0.1% -0.7% 35.8% 99.40%

Total Return Ranking - Trailing

Period SKOR Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -87.1% 10.7% 27.81%
1 Yr 1.6% -14.1% 42.5% 57.44%
3 Yr 6.5%* -1.8% 12.0% 49.01%
5 Yr 3.8%* 0.9% 7.7% 67.49%
10 Yr N/A* 2.0% 8.0% N/A

* Annualized

Total Return Ranking - Calendar

Period SKOR Return Category Return Low Category Return High Rank in Category (%)
2020 5.2% -85.3% 10.6% 29.54%
2019 6.8% -44.7% 19.2% 64.99%
2018 -4.0% -23.2% 92.1% 20.26%
2017 1.8% -10.1% 9.5% 60.49%
2016 -0.1% -0.7% 35.8% 99.40%

SKOR - Holdings

Concentration Analysis

SKOR Category Low Category High SKOR % Rank
Net Assets 304 M 7.34 M 48.9 B 61.33%
Number of Holdings 840 1 8455 8.73%
Net Assets in Top 10 14.2 M -25.1 M 3.18 B 41.15%
Weighting of Top 10 4.72% 1.5% 100.0% 96.00%

Top 10 Holdings

  1. Broadcom Corporation/Broadcom Cayman Finance Ltd 3.88% 1.04%
  2. AbbVie Inc. 2.95% 0.86%
  3. Apple Inc. 2.4% 0.79%
  4. Verizon Communications Inc. 4.33% 0.60%
  5. Apple Inc. 3% 0.55%
  6. Wells Fargo & Company 3% 0.54%
  7. AbbVie Inc. 2.6% 0.53%
  8. Capital One Bank (USA), National Association (Virginia) 3.38% 0.53%
  9. AbbVie Inc. 3.6% 0.52%
  10. Wells Fargo & Company 2.39% 0.52%

Asset Allocation

Weighting Return Low Return High SKOR % Rank
Bonds
94.13% 0.00% 166.94% 63.09%
Convertible Bonds
5.31% 0.00% 74.25% 15.46%
Cash
0.55% -74.72% 100.00% 47.88%
Stocks
0.00% 0.00% 5.86% 84.54%
Preferred Stocks
0.00% 0.00% 7.99% 88.03%
Other
0.00% -38.92% 4.70% 80.30%

Bond Sector Breakdown

Weighting Return Low Return High SKOR % Rank
Corporate
99.45% 0.00% 100.00% 37.41%
Cash & Equivalents
0.55% 0.00% 100.00% 53.62%
Derivative
0.00% 0.00% 26.51% 84.04%
Securitized
0.00% 0.00% 16.79% 95.01%
Municipal
0.00% 0.00% 2.71% 92.27%
Government
0.00% 0.00% 23.39% 96.26%

Bond Geographic Breakdown

Weighting Return Low Return High SKOR % Rank
US
80.95% 0.00% 132.94% 48.88%
Non US
13.18% 0.00% 45.81% 51.87%

SKOR - Expenses

Operational Fees

SKOR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.22% 0.03% 3.62% 90.18%
Management Fee 0.22% 0.00% 1.35% 22.47%
12b-1 Fee 0.00% 0.00% 1.00% 11.65%
Administrative Fee N/A 0.02% 0.45% N/A

Sales Fees

SKOR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SKOR 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.

SKOR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 349.00% 37.90%

SKOR - Distributions

Dividend Yield Analysis

SKOR Category Low Category High SKOR % Rank
Dividend Yield 1.81% 0.00% 46.82% 82.54%

Dividend Distribution Analysis

SKOR Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SKOR Category Low Category High SKOR % Rank
Net Income Ratio 2.46% -1.57% 7.25% 58.56%

Capital Gain Distribution Analysis

SKOR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Annually

Dividend Payout History

View More +

SKOR - Fund Manager Analysis

Managers

Eric Williams


Start Date

Tenure

Tenure Rank

Sep 29, 2020

0.92

0.9%

Mr. Williams joined NTI in January 2010 and has assisted in the management of various fixed income funds

Chaitany Mandavakuriti


Start Date

Tenure

Tenure Rank

Mar 25, 2021

0.44

0.4%

Chaitanya Mandavakuriti, a Vice President of Northern Trust Investments, Inc., has served as a Portfolio Manager of the Fund since March 2021. Chaitanya Mandavakuriti is a Vice President of NTI. Mr. Mandavakuriti joined NTI in 2013 and has assisted in the management of international fixed income index portfolios with a focus on credit.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 24.01 5.73 1.66