What is LKOR?

LKOR tracks an index of USD-denominated investment grade corporate bonds with at least 10 years to maturity selected and weighted by fundamental factors.

PERFORMANCE [as of 03/22/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LKOR 3.48% 1.51% 4.78% -10.18% 3.90% 1.53% --
LKOR (NAV) 3.40% -2.81% 5.43% -13.96% -6.88% 1.06% --
ICE BofA 15+ Year AAA-A US Corporate Index 3.28% 2.13% 4.78% -11.00% -0.55% 0.75% 2.58%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LKOR Factset Analytics Insight

LKOR is passively-managed to invest in USD-denominated long-term corporate bonds selected for value characteristics. The objective of the fund is to potentially deliver a higher total return than the broader US corporate bond market. The portfolio is optimized based on a proprietary Composite Alpha calculation and effective duration. Composite Alpha is determined by combining each issue’s quality and value scores along with their respective weights. The Quality score is a quantitative ranking that focuses on corporate finance, profitability measures and financial solvency. The value score is a quantitative measure including market and fundamental valuations, including issuer default risk. The index excludes bonds ranking in the lowest quintile of non-financial sectors of the Composite Alpha score. At the monthly reconstitution, LKOR’s sector exposure and effective duration is adjusted to be similar to its parent index. Individual issuer exposure is capped at 3.0%. Prior to May 1, 2020, LKOR follows the Northern Trust Credit-Scored U.S. Long Corporate Bond Index.

LKOR Summary Data

09/24/15
0.22%
$34.60M
Northern Trust US Long Corporate Bond Quality Value Index
ICE BofA 15+ Year AAA-A US Corporate Index
Open-Ended Fund

Peers

ICE BofA 15+ Year AAA-A US Corporate Index

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
-$0.00B 90 Days

LKOR Portfolio Data

13.07
--
5.86%
N/A
--

LKOR Index Data

Northern Trust US Long Corporate Bond Quality Value Index
Fundamental
Fundamental
ICE BofA 15+ Year AAA-A US Corporate Index

LKOR Portfolio Management

0.22%
--
--
--

LKOR Tax Exposures

20.00% / 39.60%
1.76%
Ordinary income
No

LKOR Fund Structure

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

Factset Analytics Block Liquidity

As of 03/23/23

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

LKOR Tradability

2,135
$94.13K
616
$27.60K
0.06%
$0.03
0.24%
1.78% / -0.98%
None
100.00%
50,000
0.01
0.02%
--
0
$43.83
N/A

LKOR Sector/Industry Breakdown

LKOR Segment
Benchmark
19.81% --
11.08% --
9.06% --
7.84% --
6.83% --
6.83% --
6.03% --
5.72% --
4.36% --
4.24% --

LKOR Top 10 Holdings

1.51%
1.37%
1.30%
1.27%
0.93%
0.93%
0.90%
0.86%
0.77%
0.76%
10.60%

LKOR Performance Statistics

0.98
0.96
--
--
--

LKOR Top 5 Countries

LKOR Segment
Benchmark
90.15% --
3.44% --
1.52% --
0.91% --
0.71% --

LKOR Top 5 Currencies

LKOR Segment
Benchmark
90.15% --
3.44% --
1.52% --
0.91% --
0.71% --

LKOR Avg Life Maturity Distribution

--
--
--
--
--
--
8.23%
19.09%
72.68%

LKOR OAS Breakdown

4.75%
58.83%
32.74%
3.69%
--
--
--
--
--
--
--

LKOR Holdings Statistics

24.50 years
13.07
5.86%
13.06
--
--
1.83%