FlexShares Credit-Scored US Corporate Bond Index FundFlexShares Credit-Scored US Corporate Bond Index FundFlexShares Credit-Scored US Corporate Bond Index Fund

FlexShares Credit-Scored US Corporate Bond Index Fund

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Key stats


Assets under management (AUM)
‪517.36 M‬USD
Fund flows (1Y)
‪132.33 M‬USD
Dividend yield (indicated)
4.92%
Discount/Premium to NAV
0.09%
Shares outstanding
‪10.80 M‬
Expense ratio
0.15%

About FlexShares Credit-Scored US Corporate Bond Index Fund


Brand
FlexShares
Inception date
Nov 12, 2014
Structure
Open-Ended Fund
Index tracked
NorthernTrustUS Corporate Bond Quality Value Index
Management style
Passive
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


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Intermediate
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Fundamental
Selection criteria
Fundamental
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
1%0.1%88%8%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SKOR via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SKOR trades at 48.05 USD today, its price has risen 0.24% in the past 24 hours. Track more dynamics on SKOR price chart.
SKOR net asset value is 47.97 today — it's risen 0.92% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SKOR assets under management is ‪517.36 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SKOR price has risen by 0.48% over the last month, and its yearly performance shows a 1.35% 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.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SKOR invests in bonds. See more details in our Analysis section.
SKOR expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SKOR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SKOR technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SKOR shows the sell signal. See more of SKOR technicals for a more comprehensive analysis.
Yes, SKOR pays dividends to its holders with the dividend yield of 4.92%.
SKOR trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SKOR shares are issued by Northern Trust Corp.
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.
The fund started trading on Nov 12, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.