HYGV

FlexShares High Yield Value-Scored Bond Index Fund
*Unless otherwise stated, data provided by FactSet.

HYGV Fund Description

HYGV tracks a proprietary fundamental-weighted index of USD-denominated high-yield corporate bonds selected based on value, credit, and liquidity.

HYGV Factset Analytics Insight

HYGV focuses on USD-denominated high-yield corporate bonds of varied maturities that maximize its exposure to a value-score factor relative to the eligible universe. Like some of its FlexShares siblings, HYGV’s holdings are selected and optimized based on their exposure to quantitative factors such as value, credit, and liquidity. Optimization also includes several constraints on exposure to specific security, issuer, sector, credit, and liquidity factors. For example, the securities that fall in the bottom 5% of each sector in terms of liquidity are removed from the portfolio. Securities from issuers that fall in the lowest decile for credit score are also removed. HYGV’s portfolio is weighted to match the effective duration of the parent index and is reconstituted monthly.

HYGV MSCI ESG Analytics Insight

FlexShares High Yield Value-Scored Bond Index Fund has an MSCI ESG Fund Rating of BB based on a score of 3.85 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 High Yield Value-Scored Bond Index Fund ranks in the 9th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYGV 1.38% 1.74% 5.73% 13.09% 7.57% -- --
HYGV (NAV) 1.51% 1.62% 5.77% 12.76% 7.53% -- --
Bloomberg US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYGV Summary Data

FlexShares
07/17/18
Open-Ended Fund
0.37%
$500.70M
$6.03M
0.07%

HYGV Portfolio Data

3.85
--
5.70%
N/A
796

HYGV Index Data

Northern Trust High Yield Value-Scored U.S. Corporate Bond Index
Fundamental
Fundamental
Bloomberg US Corporate High Yield Index

HYGV Portfolio Management

0.37%
--
--
--

HYGV Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYGV Fund Structure

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

HYGV Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

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

HYGV Tradability

120,880
$6.03M
83,194
$4.13M
0.07%
$0.04
0.07%
0.71% / -0.51%
None
100.00%
50,000
1.66
0.02%
--
0
$50.07
N/A

HYGV Sector/Industry Breakdown


HYGV
Segment Benchmark
74.77%
--
21.43%
--
2.22%
--
1.30%
--
0.28%
--

HYGV Top 10 Holdings[View All]

1.36%
0.82%
0.72%
0.63%
0.63%
0.57%
0.52%
0.51%
0.50%
0.50%
6.76%

HYGV Top 5 Countries


HYGV
Segment Benchmark
81.57%
--
6.78%
--
2.56%
--
1.53%
--
1.43%
--

HYGV Top 5 Currencies


HYGV
Segment Benchmark
81.57%
--
6.78%
--
2.56%
--
1.53%
--
1.43%
--

HYGV Performance Statistics

--
--
--
--
--

HYGV MSCI ESG Ratings

3.85 / 10
23.46
9.25
5.19%
2.18%
240.35

HYGV Holdings Statistics

4.99 years
3.85
5.70%
3.86
Low
796
4.14%

HYGV Avg Life Maturity Distribution

9.23%
11.99%
6.10%
24.03%
19.93%
25.48%
1.42%
1.16%
0.65%

HYGV OAS Breakdown

0.82%
2.14%
22.15%
31.47%
18.66%
10.49%
4.51%
2.73%
1.48%
1.87%
3.68%