BNDC

FlexShares Core Select Bond Fund
*Unless otherwise stated, data provided by FactSet.

BNDC Fund Description

BNDC is an actively-managed fund-of-funds that invests in various USD-denominated investment-grade fixed income ETFs to generate risk-adjusted returns. The fund does not have a duration or sector allocation target.

BNDC Factset Analytics Insight

BNDC charges a reasonable fee for its actively-managed exposure to the core US fixed income market—USD-denominated investment-grade securities. BNDC’s manager uses a top-down approach to select index-based fixed income ETFs to generate attractive risk-adjusted performance while emphasizing liquidity and diversification. The manager adjusts BNDC for potential changes in interest rate levels, the shape of the yield curve, and credit spread relationships. BNDC covers the typical sectors in the iconic Bloomberg Barclays US Aggregate Index with the addition of US TIPS. BNDC differentiates itself from other total-return bond funds by maintaining a pure USD and investment-grade exposure. BNDC should have decent underlying liquidity as it uses other liquid fixed income ETFs as its building blocks.

BNDC MSCI ESG Analytics Insight

FlexShares Core Select Bond Fund has an MSCI ESG Fund Rating of A based on a score of 6.04 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FlexShares Core Select Bond Fund ranks in the 55th percentile within its peer group and in the 60th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

BNDC Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 01/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BNDC -0.44% 0.72% -1.00% 6.90% 5.29% -- --
BNDC (NAV) -0.55% 0.89% -0.89% 6.84% 5.45% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays U.S. Aggregate Bond Index -0.55% 0.38% -0.75% 5.75% 5.44% 4.10% 3.78%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BNDC Summary Data

FlexShares
11/18/16
Open-Ended Fund
0.35%
$109.67M
$542.70K
0.19%

BNDC Portfolio Data

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N/A
9

BNDC Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays U.S. Aggregate Bond Index

BNDC Portfolio Management

0.35%
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BNDC Tax Exposures

20.00% / 39.60%
0.14%
Ordinary income
No

BNDC Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

BNDC Factset Analytics Block Liquidity

As of 01/25/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BNDC. BNDC is rated a N/A out of 5.

BNDC Tradability

20,154
$542.70K
11,508
$309.81K
0.19%
$0.05
0.06%
0.65% / -0.91%
None
100.00%
25,000
0.46
0.00%
--
0
$26.73
N/A

BNDC Performance Statistics

0.66
1.22
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BNDC MSCI ESG Ratings

6.04 / 10
60.27
55.33
6.95%
2.32%
324.88

BNDC Holdings Statistics


BNDC
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N/A

BNDC Maturity Distribution


BNDC
Segment Benchmark
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BNDC Credit Breakdown


BNDC
Segment Benchmark
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