| Fund Description |
| The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust US Long Corporate Bond Quality Value Index. 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 Long Corporate Bond Index (the Parent Index ). The securities included in the Underlying Index are a subset of the securities included in the Parent Index, a market capitalization-weighted index comprised of US dollar-denominated investment grade bonds. |
| Fund Profile |
| Fund Name |
FlexShares Credit-Scored US Long Corporate Bond Index Fund |
| Fund Exchange Ticker |
LKOR |
| Fund Sponsor |
Flexshares (Northern Trust) |
| Fund ISIN |
US33939L7534 |
| Net Expense Ratio |
0.22 % |
| Fund Inception Date |
23 September 2015 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NASDAQ |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Corporate |
| Asset Class |
Bonds |
| Index Linked |
Passive |
| Index Name |
Northern Trust US Long Corporate Bond Quality Value Index |
| Index Provider |
Northern Trust |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Bond Type |
Corporate |
| Credit Quality |
Investment Grade Only |
| Average Maturity |
Long (10 + years) |
| Bond Currency Denomination |
USD |
| Key Statistics |
| Return As of Date |
17 March 2023 |
| Asset Under Management |
34.79 Million (USD) |
| 1 Month Total Return |
1.55 % |
| Year To Date Return |
3.32 % |
| 1 Year Total Return |
-15.68 % |
| 3 Year Annualized Total Return |
-4.51 % |
| NAV |
43.49 |
| Share Outstanding |
800,001 |
| Top 10 Holdings (17 March 2023) |
| Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
| VALE OVERSEAS LTD CALLABLE NOTES FIXED 6.875 |
|
BOND |
0.0149960000 |
| BAT CAPITAL CORP CALLABLE NOTES FIXED 3.734 |
|
BOND |
0.0136670000 |
| AT&T INC CALLABLE NOTES FIXED 3.8 01/DEC/2057 USD |
|
BOND |
0.0129400000 |
| ABBVIE INC CALLABLE NOTES FIXED 4.55 15/MAR/2035 |
|
BOND |
0.0126250000 |
| CVS HEALTH CORP CALLABLE NOTES FIXED 5.125 |
|
BOND |
0.0092360000 |
| META PLATFORMS INC CALLABLE NOTES FIXED 4.65 |
|
BOND |
0.0092050000 |
| JPMORGAN CHASE & CO NOTES FIXED 4.95 01/JUN/2045 |
|
BOND |
0.0089820000 |
| CONSOLIDATED EDISON CO OF NEW YORK INC CALLABLE |
|
BOND |
0.0085700000 |
| BANK OF AMERICA CORP CALLABLE NOTES FIXED 6.11 |
|
BOND |
0.0077030000 |
| PHILIP MORRIS INTERNATIONAL INC NOTES FIXED 4.125 |
|
BOND |
0.0076240000 |