RAVIFlexShares Ultra-Short Income Fund

Get income Stay safe13y track recordRanked #18 of 340 in this goal

Seeks maximum current income while preserving capital and liquidity.

By Flexshares Trust · Launched 2012

Annual Cost

0.25%

#1,230 of 5,562 · low cost

Fund Size

$1.4B

#923 of 5,562 · large

Dividend YieldGoal

4.41%

Track Record

13 years

#1,037 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,405+4.0%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

Global

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 14.5% of fund✓ well diversified

Merck & Co., Inc.

2.0%

Bank of America Corp.

1.7%

AT&T, Inc.

1.6%

Chevron USA, Inc.

1.6%

Truist Bank

1.5%

FNMA

1.4%

Australia & New Zealand Banking Group Ltd.

1.2%

Eli Lilly & Co.

1.2%

Sanofi SA

1.2%

Toyota Motor Credit Corp.

1.0%

Asset allocation

Bonds

89.6%

Cash

10.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.4%Low

Year-on-year price swings

Max drawdown

-3.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

3.17Strong risk-adjusted returns

Sortino (3Y)

4.89Good downside protection

Bond profile

Duration

4.4 years

Avg maturity

10.0 years

Credit ratings

US Government

1.3%

AAA

5.7%

15.9%

52.3%

BBB

25.4%

Other

0.7%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks maximum current income while preserving capital and liquidity.
Strategy: Invests primarily in fixed-income instruments, including bonds and debt securities from U.S. and non-U.S. entities. Actively managed with a focus on investment-grade securities, the Fund may also invest in emerging markets and utilize derivatives for risk management.
Inception date: October 9, 2012
Fund family: Flexshares Trust