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.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FEHY 5.43% -0.15% -8.78% -- -- -- --
FEHY (NAV) 5.89% -4.93% -9.01% -- -- -- --
Bloomberg US Corporate High Yield Index 6.25% -0.12% -8.66% -7.45% 2.23% 3.15% 4.90%
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%
$4.32M
$209.36K
0.26%

FEHY Portfolio Data

4.39
--
7.09%
N/A
611

FEHY Index Data

Northern Trust ESG & Climate High Yield U.S. Corporate Core Index
Principles-based
Principles-based
Bloomberg US Corporate High Yield Index

FEHY Portfolio Management

0.23%
--
--
--

FEHY Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FEHY Fund Structure

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

FEHY Factset Analytics Block Liquidity

As of 08/04/22
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

4,928
$209.36K
2,224
$93.34K
0.26%
$0.11
-0.02%
1.11% / -1.53%
None
100.00%
50,000
0.04
--
--
0
$43.20
N/A

FEHY Sector/Industry Breakdown


FEHY
Segment Benchmark
28.91%
--
9.37%
--
9.19%
--
5.93%
--
5.44%
--
5.42%
--
4.15%
--
3.50%
--
3.37%
--
3.06%
--

FEHY Top 10 Holdings[View All]

1.71%
1.44%
1.17%
1.08%
1.02%
0.98%
0.98%
0.85%
0.81%
0.80%
10.83%

FEHY Top 5 Countries


FEHY
Segment Benchmark
84.80%
--
4.86%
--
2.82%
--
1.46%
--
1.36%
--

FEHY Top 5 Currencies


FEHY
Segment Benchmark
84.80%
--
4.86%
--
2.82%
--
1.46%
--
1.36%
--

FEHY Performance Statistics

0.97
1.06
--
--
--

FEHY Holdings Statistics

6.20 years
4.39
7.09%
4.45
Low
611
4.08%

FEHY Avg Life Maturity Distribution

0.49%
3.40%
9.51%
28.08%
23.96%
30.11%
2.28%
0.22%
1.95%

FEHY OAS Breakdown

0.44%
19.92%
28.57%
20.66%
11.02%
4.56%
3.97%
3.06%
2.04%
0.85%
4.90%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.