HYGVFlexShares High Yield Value-Scored Bond Index Fund

Get income7y track recordRanked #346 of 1,622 in this goal

Seeks investment results that correspond generally to the price and yield performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index.

By Flexshares Trust · Launched 2018

Annual Cost

0.37%

#1,843 of 5,562 · low cost

Fund Size

$1.1B

#1,055 of 5,562 · large

Dividend YieldGoal

7.40%

Track Record

7 years

#1,772 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,672+6.7%

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

Index tracked

Northern Trust High Yield Value-Scored US Corporate Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 22.2% of fund✓ well diversified

TD SECURITIES (USA) LLC

15.2%

Carvana Co.

1.3%

1011778 BC ULC

0.9%

Midcap Financial Issuer Trust

0.9%

TD SECURITIES (USA) LLC

0.8%

Paramount Global

0.8%

Rithm Capital Corp.

0.6%

Community Health Systems, Inc.

0.6%

Tidewater, Inc.

0.6%

Millrose Properties, Inc.

0.6%

Asset allocation

Bonds

98.3%

Cash

1.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.9%Low

Year-on-year price swings

Max drawdown

-23.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.85Decent risk-adjusted returns

Sortino (3Y)

1.24Good downside protection

Bond profile

Duration

7.1 years

Avg maturity

9.8 years

Credit ratings

41.2%

46.7%

Below B

12.0%

Other

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 High Yield Value-Scored US Corporate Bond Index.
Strategy: Invests primarily in a diversified universe of high yield, U.S.-dollar denominated bonds selected based on proprietary scoring models. The Fund generally invests at least 80% of its total assets in securities of the Underlying Index and may use representative sampling to manage the Fund. The Underlying Index is reconstituted monthly, and the Fund may concentrate its investments in a particular industry to the same extent as the Underlying Index.
Inception date: July 17, 2018
Fund family: Flexshares Trust