BNDC

FlexShares Core Select Bond Fund

$22.43

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The FlexShares Core Select Bond Fund seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed-income securities.

Overview

ETF tracking FlexShares Core Select Bond Fund

Category Fixed Income

Issuer Other

Inception Date 2016-11-21

Market Cap $144.1M

Average Volume N/A

Dividend Yield 3.37%

52-Week Range $21.51 - $22.72

VWAP $22.45

Performance

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Investment Summary

📎 Investment Objective

The FlexShares Core Select Bond Fund seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund aims to achieve its objective by investing primarily in investment-grade fixed-income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities. The fund's portfolio is actively managed to maintain a targeted duration and credit quality profile.

✨ Key Features

Diversified fixed-income portfolio focused on investment-grade securities
Active management to maintain targeted duration and credit quality
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk: The fund's value may decline as interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the fixed-income securities it holds
Liquidity risk: The fund may have difficulty selling certain securities, especially in volatile or uncertain market conditions
Lack of performance history: With limited track record, it's difficult to evaluate the fund's long-term performance

👤 Best For

The FlexShares Core Select Bond Fund may be suitable for investors seeking a diversified fixed-income investment with a focus on capital preservation and current income. It may be appropriate as a core fixed-income allocation within a broader investment portfolio, particularly for investors with a moderate risk tolerance and a medium-term investment horizon.