RAVI

FlexShares Ready Access Variable Income Fund
*Unless otherwise stated, data provided by FactSet.

RAVI Fund Description

RAVI is an actively managed fund that invests in investment-grade public and private debt both domestically and abroad.

RAVI Factset Analytics Insight

Although RAVI can invest in a broad array of ultra-short-term debt securities from around the world, it historically has focused almost completely on US dollar-denominated debt. It seeks higher income while preserving capital, with the emphasis on the latter. The actively managed fund will hold sizeable positions in cash at times. Returns have been very similar to what one would receive from a money market fund. Trading volume is modest but spreads are pretty tight. Block trading can be challenging due to the underlying liquidity of its holdings. Its expense ratio is reasonable for an actively managed fund, though when it comes to holding costs one should keep in mind the very short duration of the underlying assets and the chance of rapid changes to exposure.

RAVI MSCI ESG Analytics Insight

FlexShares Ready Access Variable Income Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.85 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 Ready Access Variable Income Fund ranks in the 36th percentile within its peer group and in the 33th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

RAVI Charts And Performance

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PERFORMANCE [as of 02/26/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RAVI 0.34% 0.76% 0.58% 3.24% 2.28% 1.68% --
RAVI (NAV) 0.34% 0.77% 0.57% 3.18% 2.28% 1.70% --
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RAVI Summary Data

FlexShares
10/09/12
Open-Ended Fund
0.25%
$307.80M
$2.57M
0.03%

RAVI Portfolio Data

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02/03/20
244

RAVI Index Data

No Underlying Index
Proprietary
Proprietary
N/A

RAVI Portfolio Management

0.25%
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RAVI Tax Exposures

20.00% / 39.60%
0.00%
Ordinary income
No

RAVI Fund Structure

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

RAVI Factset Analytics Block Liquidity

As of 02/27/20
5
4
3
2
1

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

RAVI Tradability

33,889
$2.57M
24,956
$1.89M
0.03%
$0.02
0.00%
0.05% / -0.15%
None
100.00%
50,000
0.50
0.01%
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0
$76.01
N/A

RAVI Top 10 Holdings[View All]

3.25%
2.28%
1.30%
1.30%
1.30%
1.14%
1.13%
1.11%
1.04%
1.03%
14.88%

RAVI Performance Statistics

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RAVI MSCI ESG Ratings

4.85 / 10
33.33
36.23
5.45%
3.77%
129.51

RAVI Holdings Statistics

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244
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RAVI Avg Life Maturity Distribution

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RAVI OAS Breakdown

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