FEHY

FlexShares ESG & Climate High Yield Corporate Core Index Fund
*Unless otherwise stated, data provided by FactSet.

FEHY Fund Description

FEHY tracks an index of USD-denominated, high-yield corporate bonds that are screened for ESG characteristics and reduced climate-related risk.

FEHY Factset Analytics Insight

FEHY is passively managed to provide broad-market, core exposure to the high-yield segment of the corporate bond market. The index takes from a selection universe of USD-denominated, high-yield corporate debt with remaining maturities of at least one year. An optimization process is used to select and weight securities in order to increase aggregate ESG score and reduce aggregate climate-related risk. Companies are ranked based on material ESG metrics and corporate governance characteristics. Each company is then assessed for carbon emissions intensity and carbon risk rating. Violators of international initiatives such as the UN global compact and firms involved in controversial activities are excluded from the portfolio. Weights are also optimized to minimize systematic risk. The index is reconstituted and rebalanced on a monthly basis.

FEHY MSCI ESG Analytics Insight

FlexShares ESG & Climate High Yield Corporate Core Index Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.47 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 ESG & Climate High Yield Corporate Core Index Fund ranks in the 26th percentile within its peer group and in the 89th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 01/13/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FEHY -0.05% 0.44% -0.74% -- -- -- --
FEHY (NAV) -0.02% 0.35% -0.74% -- -- -- --
N/A -- -- -- -- -- -- --
Bloomberg US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FEHY Summary Data

FlexShares
09/21/21
Open-Ended Fund
0.23%
$29.53M
$508.29K
0.14%

FEHY Portfolio Data

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FEHY Index Data

N/A
Principles-based
Principles-based
Bloomberg US Corporate High Yield Index

FEHY Portfolio Management

0.23%
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FEHY Tax Exposures

20.00% / 39.60%
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Ordinary income
No

FEHY Fund Structure

Open-Ended Fund
No
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N/A
N/A
Low
Daily

FEHY Factset Analytics Block Liquidity

As of 01/14/22
5
4
3
2
1

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

FEHY Tradability

10,303
$508.29K
4,596
$226.20K
0.14%
$0.07
0.00%
0.36% / -0.48%
None
100.00%
50,000
0.09
--
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0
$49.21
N/A

FEHY Performance Statistics

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FEHY MSCI ESG Ratings

5.47 / 10
89.07
26.22
2.69%
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190.34

FEHY Holdings Statistics

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FEHY Avg Life Maturity Distribution

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FEHY OAS Breakdown

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