HYGV

Fund Description
The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust High Yield Value-Scored US Corpo-rate Bond Index (the Underlying Index ). The Underlying Index reflects the performance of a broad universe of US-dollar denominated high yield corporate bonds that seeks a higher yield than the overall high yield corporate bond market, as represented by the Northern Trust High Yield US Corporate Bond Index (the Parent Index ). The securities included in the Underlying Index are a subset of the securities included in the Parent Index.
Fund Profile
Fund Name FlexShares High Yield Value-Scored Bond Index Fund
Fund Exchange Ticker HYGV
Fund Sponsor Flexshares (Northern Trust)
Fund ISIN US33939L6627
Net Expense Ratio 0.37 %
Fund Inception Date 17 July 2018
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Passive
Index Name Northern Trust High Yield Value-Scored US Corporate Bond Index
Index Provider Northern Trust
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 17 March 2023
Asset Under Management 1005.53 Million (USD)
1 Month Total Return -2.25 %
Year To Date Return -0.63 %
1 Year Total Return -14.11 %
3 Year Annualized Total Return 2.91 %
NAV 39.51
Share Outstanding 25,450,000
Top 10 Holdings (17 March 2023)
Constituent Name Constituent Ticker Constituent Type Weighting
CLOUD SOFTWARE GROUP HOLDINGS INC CALLABLE NOTES BOND 0.0087600000
CASH BOND 0.0086150000
ATHENAHEALTH GROUP INC CALLABLE NOTES FIXED 6.5 BOND 0.0077760000
MCAFEE CORP CALLABLE NOTES FIXED 7.375 BOND 0.0067720000
UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL BOND 0.0065780000
NEPTUNE BIDCO US INC CALLABLE NOTES FIXED 9.29 BOND 0.0060030000
DISH DBS CORP CALLABLE NOTES FIXED 7.75 BOND 0.0059860000
NEW FORTRESS ENERGY INC CALLABLE NOTES FIXED 6.5 BOND 0.0056190000
CSC HOLDINGS LLC CALLABLE NOTES FIXED 5.75 BOND 0.0051960000
NFP CORP CALLABLE NOTES FIXED 6.875 15/AUG/2028 BOND 0.0048220000