FEIGFlexShares ESG & Climate Investment Grade Corporate Core Index Fund

Get income4y track recordRanked #806 of 1,622 in this goal

Seeks investment results that correspond generally to the price and yield performance of the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core Index.

By Flexshares Trust · Launched 2021

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$45M

#3,659 of 5,562 · mid-size

Dividend YieldGoal

4.78%

Track Record

4 years

#2,472 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,519+5.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Focus

ESG

Index tracked

Northern Trust ESG & Climate Investment Grade US Corporate Core Index

What it actually holds

By weight

Concentration

Top 10 holdings = 8.2% of fund✓ well diversified

Ford Motor Credit Co. LLC

1.1%

Verizon Communications, Inc.

1.0%

JPMorgan Chase & Co.

0.9%

HSBC Holdings plc

0.8%

JPMorgan Chase & Co.

0.8%

Duke Energy Corp.

0.8%

Diageo Capital plc

0.7%

Ford Motor Credit Co. LLC

0.7%

HSBC Holdings plc

0.7%

Citigroup, Inc.

0.7%

Asset allocation

Bonds

96.7%

Cash

3.1%

Convertible

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.4%Low

Year-on-year price swings

Max drawdown

-22.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.28Below average

Sortino (3Y)

0.40Moderate downside risk

Bond profile

Duration

4.5 years

Avg maturity

9.4 years

Credit ratings

AAA

1.2%

8.8%

45.1%

BBB

44.7%

0.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield performance of the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core Index.
Strategy: Invests primarily in U.S.-dollar-denominated corporate bonds that exhibit certain ESG characteristics. The Fund uses a passive indexing approach to replicate the Underlying Index, which is reconstituted monthly and excludes companies with controversial business involvement.
Inception date: September 20, 2021
Fund family: Flexshares Trust