RAVI

FlexShares Ultra-Short Income ETF

Bloomberg US Treasury Bill 1-3 M TR USD

NAV as of 19-Sep-2023

74.9912

4 Week: 74.82 - 75.13

52 Week: 74.08 - 75.13

Latest Closing Price

75.00

Premium / Discount

0.02

Expense Ratio

0.25%

Investment Objective

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve its investment objective by investing at least 80% of its total assets in a portfolio of fixed-income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed-income securities and instruments of issuers in emerging markets.

Main Fund Characteristics

Fund Manager:
Flexshares Trust
Asset Under Management:
1,059,231,551
Launch Date:
08/10/2012
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
329
Trading Currency:
USD
Style:
Region/Sector/Strategy:
N.A / N.A / UltraShort Term,Short Term
Exchange:
NYSE

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD0.800.099.30
1 Day0.000.000.00
1 Week0.070.061.26
1 Month0.030.440.08
3 Months0.220.730.30
6 Months0.541.000.55
1 Year0.731.310.55
2 Years-1.553.24-0.48
3 Years-1.803.26-0.55
5 Years-0.704.00-0.17
10 Years-0.294.68-0.06

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.90170.72840.38771.21321.29101.82393.42342.0504-0.02960.0885
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 15.000017.000031.000060.000063.000036.000026.000021.000071.000052.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
31/01/201706/02/20170.0683
27/12/201603/01/20170.0492
31/07/201604/08/20160.0578
31/05/201606/06/20160.0564
28/12/201404/01/20150.1486
30/11/201404/12/20140.0311
02/11/201406/11/20140.0321
30/09/201406/10/20140.0346
01/09/201407/09/20140.0347
31/07/201406/08/20140.0336

Portfolio Data

Total Number of Holdings: 329

Number of Bond Holdings: 282

Number of Equity Holdings: 0

Total Market Value: 1,059,231,551

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1United States Treasury Bills 0%4.336212,000,000011,979,000
2Bank of America, N.A. 2.26%1.45014,000,00004,006,034
3Federal Home Loan Banks 0%1.44794,000,0004,000,0004,000,000
4Gilead Sciences, Inc. 2.35%1.35143,730,00003,733,390
5Volkswagen Group of America Finance LLC 2.95%1.27233,500,00003,514,754
6Prudential Financial, Inc. 4.5%1.11323,000,00003,075,200
7Intel Corporation 2.45%1.09073,000,00003,013,034
8SunTrust Bank 2.71%1.09033,000,00003,012,050
9PNC Bank, National Association 2.48%1.08733,000,00003,003,788
10Swedish Export Credit Corporation 2.17%1.08633,000,00003,000,870

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
N.A

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

0.0000

Price/Book*

0.0000

Price/Sales*

0.0000

Price/Cash Flow*

0.0000

Dividend Yield*

0.0000

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

0.0000

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

282

Bond Statitics

DetailValue
Average Effective Duration0.44
Average Effective Maturity (Years)*0
Average Credit Quality12.00
Average Weighted Coupon*3.86
Average Weighted Price*98.75

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA3.53
AA6.22
A34.08
BBB36.64
BB0.09
B0.00
Below B0.00
Not Rated19.44

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years35.16
3 to 5 Years3.60
5 to 7 Years0.19
7 to 10 Years0.00
10 to 15 Years0.00
15 to 20 Years0.00
20 to 30 Years0.00
Over 30 Years0.00
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days17.00
183 to 364 Days20.55

Data Source: Morningstar

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