SKOR

FlexShares Credit-Scored US Corporate Bond Index Fund

$49.02

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The FlexShares Credit-Scored US Corporate Bond Index Fund seeks to provide investment results that correspond generally to the price and yield performance of the Northern Trust Credit-Scored US Corporate Bond Index.

Overview

ETF tracking FlexShares Credit-Scored US Corporate Bond Index Fund

Category Fixed Income

Issuer Other

Inception Date 2014-11-13

Market Cap $571.0M

Average Volume N/A

Dividend Yield 3.93%

52-Week Range $47.30 - $49.50

VWAP $49.05

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a diversified portfolio of U.S. corporate bonds that are selected and weighted based on credit quality. The index methodology aims to provide exposure to higher quality corporate bonds while managing interest rate risk.

✨ Key Features

Focuses on U.S. corporate bonds with an emphasis on credit quality
Utilizes a credit-scoring methodology to weight bonds in the portfolio
Seeks to manage interest rate risk through bond selection and weighting
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if the financial condition of the bond issuers deteriorates
Liquidity risk if certain bonds become difficult to trade
Tracking error risk as the fund may not perfectly replicate the index

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. corporate bonds with a focus on credit quality and risk management. It could be a core fixed income holding or a complement to a broader portfolio. Investors should have a medium-term investment horizon and be comfortable with the inherent risks of the corporate bond market.