SKORFlexShares Credit-Scored US Corporate Bond Index Fund
SKOR Fund Description
SKOR tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors.
SKOR Factset Analytics Insight
SKOR is passively managed to provide investors a "smart beta"-type exposure to the intermediate-term, investment-grade corporate space. The fund's underlying index uses a proprietary methodology based on the combined value and quality scores to select and weight securities. The value score is the security’s relative valuation based on market and fundamental measures. The quality score is based on financial activities, profitability and solvency. The index looks to select higher quality securities that are trading at a level perceived to be a better value than their fundamentals imply. The objective of the fund is to provide a higher total return than the broader investment-grade corporate bond market. Eligible bonds must have final maturity between one to ten years. Prior to May 1, 2020, SKOR tracked the Northern Trust Credit-Scored US Corporate Bond Index.
SKOR MSCI ESG Analytics Insight
FlexShares Credit-Scored US Corporate Bond Index Fund has an MSCI ESG Fund Rating of A based on a score of 6.90 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 Credit-Scored US Corporate Bond Index Fund ranks in the 71st percentile within its peer group and in the 82nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SKOR Summary Data
SKOR Portfolio Data
SKOR Index Data
SKOR Portfolio Management
SKOR Tax Exposures
SKOR Fund Structure
SKOR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SKOR. SKOR is rated a N/A out of 5.
SKOR Sector/Industry Breakdown
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SKOR Top 5 Currencies