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About FlexShares Ultra-Short Income Fund
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Inception date
Oct 9, 2012
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Foreside Fund Services LLC
RAVI invests in a broad array of short-term, investment grade debt securities from around the world, despite being focused mainly on US dollar-denominated debt. The fund may invest without limitation in developed markets and up to 20% of its assets in emerging markets. It seeks higher income while preserving capital, with an emphasis on the latter. The portfolio has an average duration of less than one year, while its weighted average maturity typically does not exceed two years. As actively managed funds do, RAVI can make certain investment decisions at its discretion. The fund may, at times, hold sizeable positions in cash and lend securities of up to one-third of the funds total assets. Prior to January 3, 2023, the fund was named FlexShares Ready Access Variable Income Fund.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate86.06%
Securitized9.13%
Government4.81%
Stock breakdown by region
North America81.40%
Europe12.73%
Oceania3.48%
Asia2.39%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RAVI invests in bonds. The fund's major sectors are Corporate, with 86.06% stocks, and Securitized, with 9.13% of the basket. The assets are mostly located in the North America region.
RAVI last dividends amounted to 0.29 USD. The month before, the issuer paid 0.29 USD in dividends, which shows a 0.70% increase.
RAVI assets under management is 1.28 B USD. It's risen 2.35% over the last month.
RAVI fund flows account for 133.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RAVI pays dividends to its holders with the dividend yield of 5.05%. The last dividend (Jun 6, 2025) amounted to 0.29 USD. The dividends are paid monthly.
RAVI shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Oct 9, 2012, and its management style is Active.
RAVI expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
RAVI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RAVI invests in bonds.
RAVI price has risen by 0.12% over the last month, and its yearly performance shows a −0.06% decrease. See more dynamics on RAVI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.08% increase in three-month performance and has increased by 5.17% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.08% increase in three-month performance and has increased by 5.17% in a year.
RAVI trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.