RAVI
FlexShares Ultra-Short Income ETF
NAV as of
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
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 0.80 | 0.09 | 9.30 |
| 1 Day | 0.00 | 0.00 | 0.00 |
| 1 Week | 0.07 | 0.06 | 1.26 |
| 1 Month | 0.03 | 0.44 | 0.08 |
| 3 Months | 0.22 | 0.73 | 0.30 |
| 6 Months | 0.54 | 1.00 | 0.55 |
| 1 Year | 0.73 | 1.31 | 0.55 |
| 2 Years | -1.55 | 3.24 | -0.48 |
| 3 Years | -1.80 | 3.26 | -0.55 |
| 5 Years | -0.70 | 4.00 | -0.17 |
| 10 Years | -0.29 | 4.68 | -0.06 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.9017 | 0.7284 | 0.3877 | 1.2132 | 1.2910 | 1.8239 | 3.4234 | 2.0504 | -0.0296 | 0.0885 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 15.0000 | 17.0000 | 31.0000 | 60.0000 | 63.0000 | 36.0000 | 26.0000 | 21.0000 | 71.0000 | 52.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 31/01/2017 | 06/02/2017 | 0.0683 |
| 27/12/2016 | 03/01/2017 | 0.0492 |
| 31/07/2016 | 04/08/2016 | 0.0578 |
| 31/05/2016 | 06/06/2016 | 0.0564 |
| 28/12/2014 | 04/01/2015 | 0.1486 |
| 30/11/2014 | 04/12/2014 | 0.0311 |
| 02/11/2014 | 06/11/2014 | 0.0321 |
| 30/09/2014 | 06/10/2014 | 0.0346 |
| 01/09/2014 | 07/09/2014 | 0.0347 |
| 31/07/2014 | 06/08/2014 | 0.0336 |
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 | ||
|---|---|---|---|---|---|
| 1 | United States Treasury Bills 0% | 4.3362 | 12,000,000 | 0 | 11,979,000 |
| 2 | Bank of America, N.A. 2.26% | 1.4501 | 4,000,000 | 0 | 4,006,034 |
| 3 | Federal Home Loan Banks 0% | 1.4479 | 4,000,000 | 4,000,000 | 4,000,000 |
| 4 | Gilead Sciences, Inc. 2.35% | 1.3514 | 3,730,000 | 0 | 3,733,390 |
| 5 | Volkswagen Group of America Finance LLC 2.95% | 1.2723 | 3,500,000 | 0 | 3,514,754 |
| 6 | Prudential Financial, Inc. 4.5% | 1.1132 | 3,000,000 | 0 | 3,075,200 |
| 7 | Intel Corporation 2.45% | 1.0907 | 3,000,000 | 0 | 3,013,034 |
| 8 | SunTrust Bank 2.71% | 1.0903 | 3,000,000 | 0 | 3,012,050 |
| 9 | PNC Bank, National Association 2.48% | 1.0873 | 3,000,000 | 0 | 3,003,788 |
| 10 | Swedish Export Credit Corporation 2.17% | 1.0863 | 3,000,000 | 0 | 3,000,870 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
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
| Detail | Value |
|---|---|
| Average Effective Duration | 0.44 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 12.00 |
| Average Weighted Coupon* | 3.86 |
| Average Weighted Price* | 98.75 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 3.53 |
| AA | 6.22 |
| A | 34.08 |
| BBB | 36.64 |
| BB | 0.09 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 19.44 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 35.16 |
| 3 to 5 Years | 3.60 |
| 5 to 7 Years | 0.19 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 17.00 |
| 183 to 364 Days | 20.55 |
Data Source: Morningstar
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