LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

$42.72

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The FlexShares Credit-Scored US Long Corporate Bond Index Fund seeks to provide exposure to the long-term U.S. corporate bond market, with a focus on higher credit quality issuers.

Overview

ETF tracking FlexShares Credit-Scored US Long Corporate Bond Index Fund

Category Fixed Income

Issuer Other

Inception Date 2019-10-09

Market Cap $42.7M

Average Volume N/A

Dividend Yield 4.62%

52-Week Range $40.17 - $44.37

VWAP $42.82

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The FlexShares Credit-Scored US Long Corporate Bond Index Fund seeks to provide exposure to the long-term U.S. corporate bond market, with a focus on higher credit quality issuers.

🎯 Investment Strategy

The fund tracks the Northern Trust Credit-Scored US Long Corporate Bond Index, which selects and weights corporate bonds based on credit quality and maturity. The goal is to provide broad exposure to the long-term U.S. corporate bond market while emphasizing higher credit quality issuers.

✨ Key Features

Focuses on long-term U.S. corporate bonds with a target maturity of 10 years or more
Emphasizes higher credit quality issuers to potentially reduce credit risk
Passively managed to track the Northern Trust Credit-Scored US Long Corporate Bond Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices generally decline when interest rates rise
Credit risk if the financial condition of the underlying corporate issuers deteriorates
Liquidity risk for less actively traded long-term corporate bonds
Concentration risk as the fund is focused on the long-term U.S. corporate bond market

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the long-term U.S. corporate bond market with a focus on higher credit quality issuers. It could be a component of a diversified fixed income allocation, particularly for investors with a longer time horizon and moderate risk tolerance.