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HYGV - FlexShares High Yield Value-Scored Bond Index Fund

Stock Price: $49.47 USD -0.07 (-0.13%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
Assets $208.11M
NAV $49.55
Expense Ratio 0.37%
PE Ratio n/a
Beta (5Y) 0.50
Dividend (ttm) $3.02
Dividend Yield 6.09%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 20
Last Price $49.47
Previous Close $49.54
Change ($) -0.07
Change (%) -0.13%
Day's Open 49.49
Day's Range 49.41 - 49.49
Day's Volume 30,364
52-Week Range 38.76 - 49.70

Fund Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust High Yield Value-Scored US Corporate Bond IndexSM. The index reflects the performance of a broad universe of U.S.-dollar denominated high yield corporate bonds that seeks a higher total return than the overall high yield corporate bond market, as represented by the Northern Trust High Yield US Corporate Bond IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of its index.

Asset Class
Fixed Income
Inception Date
Jul 17, 2018
Exchange
NYSEARCA
Ticker Symbol
HYGV
Index Tracked
Northern Trust High Yield Value-Scored US Corporate Bond Index

Top 10 Holdings

7.13% of assets
NameSymbolWeight
Cashn/a1.05%
TransDigm, Inc. 5.5%TDG 5.5 11/15/270.85%
CSC Holdings, LLC 5.75%n/a0.75%
DISH DBS Corporation 5.88%n/a0.72%
Weatherford International Ltd Bermuda 11%n/a0.67%
Diamond Sports Group LLC / Diamond Sports Finance Co 5.38%n/a0.66%
Community Health Systems Incorporated 6.88%n/a0.63%
Ford Motor Company 9%n/a0.61%
TransDigm, Inc. 6.25%n/a0.59%
NFP Corp. 6.88%n/a0.58%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.244Apr 8, 2021
Mar 1, 2021$0.209Mar 5, 2021
Feb 1, 2021$0.253Feb 5, 2021
Dec 18, 2020$0.275Dec 24, 2020
Nov 2, 2020$0.274Nov 6, 2020
Oct 1, 2020$0.262Oct 7, 2020
Full Dividend History

News

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High-yield corporate bonds aren't necessarily inexpensive these days, but in a low Treasury yield environment, junk bonds are useful for income investors. One noteworthy quality play the FlexShares High...

2 weeks ago - ETF Trends

An emerging credit spread scenario could highlight opportunity with funds like the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV). HYGV's index reflects the performance of a broad u...

1 month ago - ETF Trends

Many casual bond investors don't hear much about expected default frequency (EDF), but the current state affairs on that front could be signaling opportunity with exchange traded funds such as the FlexS...

2 months ago - ETF Trends

High-yield corporate bonds are off to a solid start in 2021, but data indicate market participants are retreating from the asset class. Investors can calm their nerves with the FlexShares High Yield Val...

2 months ago - ETF Trends

Inflation shouldn't chase income investors from high yield corporate debt. That's particularly true if they embrace quality strategies such as the FlexShares High Yield Value-Scored Bond Index Fund (NYS...

2 months ago - ETF Trends

High-yield corporate bonds are off to solid starts in the new year. But that's not license for investors to take on too much risk.

2 months ago - ETF Trends

As we consider the path to potential recovery, exchange traded fund investors should consider a diversified asset allocation strategy for 2021. In the recent webcast, Turn the Page – Asset Allocation in...

3 months ago - ETF Trends

As if it's not hard enough to source yield this year, yields on junk-rated corporate debt are declining. However, that scenario doesn't dent the case for the FlexShares High Yield Value-Scored Bond Inde...

4 months ago - ETF Trends

Junk bonds and the related exchange traded funds are usually more volatile than their investment-grade and U.S. government debt counterparts, but with the right strategies, investors can turn that to th...

5 months ago - ETF Trends

There could be post-election implications for high-yield corporate debt, potentially putting exchange traded funds, such as the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV), in th...

6 months ago - ETF Trends

Investors may be able to find some real opportunity thanks to potential found a space ready for high yield. ETF Trends CEO Tom Lydon spoke with Yahoo Finance’s Akiko Fujita, during the “ETF Report” to f...

Other tickers mentioned: SDOG
7 months ago - ETF Trends

With some asset allocators recommending high-yield corporate debt over investment-grade fare, the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV) is an example of an ETF ready for it...

7 months ago - ETF Trends

The high-yield bond market was active though not necessarily bad in August, but all that activity can serve to highlight the quality benefits that come along with the FlexShares High Yield Value-Scored ...

7 months ago - ETF Trends

With the Federal Reserve backstopping the high-yield corporate bond market, it may be difficult to find a compelling combination of value and yield, but the FlexShares High Yield Value-Scored Bond Index...

8 months ago - ETF Trends

There are still more than four months remaining in 2020, but junk bond issuance already toppled previous records and with that spate of new issues, quality is all the more meaningful. That theme could b...

8 months ago - ETF Trends

Market uncertainty may have left the building, which could be taking the steam out of gold’s recent rally higher. As such, with a risk sentiment renewed and reinvigorated, the capital markets saw yields...

Other tickers mentioned: HYG
8 months ago - ETF Trends

With plenty of support from the Federal Reserve, yields on high-yield corporate debt are declining in a big way. However, there’s still an opportunity to be had with the FlexShares High Yield Value-Scor...

8 months ago - ETF Trends

The Federal Reserve wasn’t done with bond purchasing after it stepped in to shore up the fixed income market following the height of the Covid-19 equities sell-offs. It opted for more high yield purchas...

Other tickers mentioned: ANGL, HYG
8 months ago - ETF Trends

Fixed income investors know that yield is difficult to come by nowadays, which is forcing them to look overseas. One place they may want to look is China, which is seeing a growing interest in their bonds.

Other tickers mentioned: CBON, KCCB
8 months ago - ETF Trends

High-yield corporate bonds set a blistering pace in July, but with August here, investors may want to take a more conservative approach to the asset class with the FlexShares High Yield Value-Scored Bon...

8 months ago - ETF Trends

Data indicate high-yield bond defaults are on the rise, but investors looking to remain engaged with the asset class while avoiding defaults can consider the FlexShares High Yield Value-Scored Bond Inde...

9 months ago - ETF Trends

Riskier bonds got a boost in the second quarter and while that may compel some investors to chase yield, a conservative approach may be advisable. That’s attainable with the FlexShares High Yield Value-...

9 months ago - ETF Trends

With the junk bond market still a source of some controversy, income investors may want to consider fresh approaches, such as the FlexShares High Yield Value-Scored Bond Index Fund (NYSEArca: HYGV). HYG...

9 months ago - ETF Trends

With companies looking to capitalize on the Federal Reserve backstop and low interest rates, issuance of high-yield corporate debt is soaring this month, but all that new supply doesn’t mean an increase...

10 months ago - ETF Trends

Amid changes in the landscape and some elevated volatility, advisors, and investors desiring quality with junk bonds have a compelling option with the FlexShares High Yield Value-Scored Bond Index Fund ...

10 months ago - ETF Trends

Data suggest bearish traders are parting ways with some big-name high-yield corporate debt ETFs, a theme that could benefit some of the category’s hidden gems, such as the FlexShares High Yield Value-Sc...

10 months ago - ETF Trends

Economic data, particularly employment numbers, remain concerning, but equity markets are defying that trend, prompting some investors to renew their enthusiasm for riskier corners of the corporate bond...

10 months ago - ETF Trends

With concerns increasing that the junk bond market could be home to more defaults this year, investors that want to skirt problematic issuers while still generating income may want to consider the FlexS...

11 months ago - ETF Trends

Income seekers can consider a high-yield bond exchange traded fund strategy that generates attractive yields and still hedged potential downside risks ahead. In the recent webcast, ETF Strategies for Ma...

11 months ago - ETF Trends

The U.S. junk bonds soared the most on Apr 9 since 1998 following the Fed's first-ever foray into the junk-rated corporate bond market.

Other tickers mentioned: BSJQ, HYG, HYLD, IBHE
1 year ago - Zacks Investment Research

The high-yield corporate bond market is under some stress this year, but the right ETFs can help investors avoid some of this arena’s problem children.

1 year ago - ETF Trends

As investors consider the potential flash points from the Federal Reserve’s ongoing monetary policy to the changing political climate, many are looking for ways to better manage income expectations in 2...

Other tickers mentioned: QDEF, QLV
1 year ago - ETF Trends

As investors shift around their assets to adapt to the year ahead, many are considering major upcoming events and the best ways to protect their portfolio against potential twists and turns.

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1 year ago - ETF Trends

Recent concerns about selling pressure in some of the more exotic corners of the fixed income are stoking worries that junk bonds could come under pressure, but there are ways for investors to deal with...

1 year ago - ETF Trends