Key stats
About FlexShares Credit-Scored US Corporate Bond Index Fund
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Inception date
Nov 12, 2014
Structure
Open-Ended Fund
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
SKOR is passively managed to provide investors a smart beta-type exposure to the intermediate-term, investment-grade corporate space. The fund's underlying index uses a proprietary methodology based on the combined value and quality scores to select and weight securities. The value score is the securitys relative valuation based on market and fundamental measures. The quality score is based on financial activities, profitability and solvency. The index looks to select higher quality securities that are trading at a level perceived to be a better value than their fundamentals imply. The objective of the fund is to provide a higher total return than the broader investment-grade corporate bond market. Eligible bonds must have final maturity between one to ten years. Prior to May 1, 2020, SKOR tracked the Northern Trust Credit-Scored US Corporate Bond Index.
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%
Corporate99.71%
Government0.29%
Stock breakdown by region
North America88.72%
Europe8.15%
Oceania1.96%
Asia1.08%
Latin America0.08%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SKOR invests in bonds. The fund's major sectors are Corporate, with 99.71% stocks, and Government, with 0.29% of the basket. The assets are mostly located in the North America region.
SKOR top holdings are Bank of America Corporation 3.419% 20-DEC-2028 and Citigroup Inc. 6.174% 25-MAY-2034, occupying 0.34% and 0.33% of the portfolio correspondingly.
SKOR last dividends amounted to 0.20 USD. The month before, the issuer paid 0.20 USD in dividends, which shows a 0.10% decrease.
SKOR assets under management is 517.36 M USD. It's risen 3.22% over the last month.
SKOR fund flows account for 132.33 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, SKOR pays dividends to its holders with the dividend yield of 4.92%. The last dividend (May 7, 2025) amounted to 0.20 USD. The dividends are paid monthly.
SKOR shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Nov 12, 2014, and its management style is Passive.
SKOR expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
SKOR follows the NorthernTrustUS Corporate Bond Quality Value Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SKOR invests in bonds.
SKOR price has risen by 0.48% over the last month, and its yearly performance shows a 1.28% increase. See more dynamics on SKOR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.92% over the last month, showed a 0.96% increase in three-month performance and has increased by 6.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.92% over the last month, showed a 0.96% increase in three-month performance and has increased by 6.33% in a year.
SKOR trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.