FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)
| Assets | $56.91M |
| NAV | $59.91 |
| Expense Ratio | 0.22% |
| PE Ratio | n/a |
| Shares Out | 950,000 |
| Dividend (ttm) | $4.08 |
| Dividend Yield | 6.81% |
| Ex-Dividend Date | Oct 1, 2021 |
| 1-Year Return | - |
| Volume | 1,972 |
| Open | 59.68 |
| Previous Close | 59.79 |
| Day's Range | 59.49 - 59.70 |
| 52-Week Low | 54.88 |
| 52-Week High | 62.28 |
| Beta | 0.23 |
| Holdings | 390 |
| Inception Date | Sep 24, 2015 |
About LKOR
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust US Long Corporate Bond IndexSM. The underlying index reflects the performance of a broad universe of US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Long Corporate Bond Index SM (the "Parent Index"). The fund generally will invest at least 80% of its total assets in the securities of its index. It is non-diversified.
Top 10 Holdings
7.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc 3.469% | N/A | 0.90% |
| Charter Communications Operating, LLC/Charter Communications Operating Capi | N/A | 0.89% |
| Cash | N/A | 0.87% |
| AT&T Inc 3.8% | N/A | 0.87% |
| Philip Morris International Inc. 4.25% | N/A | 0.71% |
| Verizon Communications Inc. 4.272% | N/A | 0.70% |
| Burlington Northern Santa Fe LLC 4.9% | N/A | 0.69% |
| The Home Depot, Inc. 4.5% | N/A | 0.69% |
| Wells Fargo & Company 4.9% | N/A | 0.67% |
| Gilead Sciences, Inc. 4.75% | N/A | 0.67% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2021 | $0.15491 | Oct 7, 2021 |
| Sep 1, 2021 | $0.15987 | Sep 8, 2021 |
| Aug 2, 2021 | $0.15319 | Aug 6, 2021 |
| Jul 1, 2021 | $0.17356 | Jul 8, 2021 |
| Jun 1, 2021 | $0.16062 | Jun 7, 2021 |
| May 3, 2021 | $0.14067 | May 7, 2021 |
News
Add More Yield by Going Long with Corporate Bonds
With the recent move into higher-yielding, longer-dated bonds, one corporate debt fund to consider is the FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR). LKOR seeks investment results...
Get Scoring Efficiency in Long-Term Corporate Bonds with ‘LKOR'
The tightening of credit spreads may dissuade fixed income investors from heading into corporate bonds, but an added dose of scoring efficiency can help ease credit risk concerns with the FlexShares Cre...
Are You a Fan of Ark ETFs' Cathie Wood? Follow This Portfolio
Ark Investment Management founder Cathie Wood deserves cryptocurrency demands 20% weight in your portfolio while bonds and equities should take other 20% and 60%, respectively.
The FlexShares LKOR ETF: Quality to the Max
No two corporate bonds are alike. With varying degrees of quality, strategies like the FlexShares Credit‐Scored US Long Corporate Bond Index Fund (CBOE: LKOR) are crucial.
Bonds Edging Out Stocks Thus Far in 2020
Don’t call it a comeback, but the stocks are rallying to hopefully end a September sell-off on a high note. But amid the Covid-19 pandemic, the safe confines of bonds are still edging out stocks in a me...
Will Fear Keep Investors From Taking On More Corporate Bonds?
If gold’s rally is evident of anything, it’s that investors are still wary of the uncertainty that the coronavirus pandemic might bring moving forward. As such, this could inject a heavy load of volatil...
Post-Covid Credit Environment Could Highlight This Corporate Bond ETF
The coronavirus pandemic will result in seismic consumption shifts, which will reverberate throughout the corporate bond universe. Those changes could highlight the advantages of exchange traded funds s...
Finding Bond ETF Compensation in Low Rate Environment
With U.S. interest rates hovering near historic lows and borrowing costs tumbling around the world, fixed income investors face challenges, including locating adequate income without taking on significa...
How To Take on More Bond Risk Without Getting Carried Away
Fixed income investors face a quagmire in today’s environment: Interest rates are low, but accessing higher bond yields usually means taking on more risk. The FlexShares Credit‐Scored US Long Corporate ...
This Corporate Bond ETF Holds Steady in a Trying Environment
Investors looking for an asset class that’s holding steady among the recent market swoon and one that features steady income should consider investment-grade corporate bonds. More discerning eyes should...
Best Investment Grade Corporate Bond ETFs for Q1 2020
The best Investment Grade Corporate Bond ETFs for Q1 2020 are LKOR, SPLB, and VCLT.
5 Best Fixed Income ETFs of the First Nine Months of 2019
Inside the top-performing fixed income ETFs of this year so far.
Take The Long Road With This Corporate Bond ETF
When it comes to bonds and fixed income ETFs, the longer the duration, the more sensitive the security is to changes in interest rates. Said another way, declining rates really benefit longer duration f...
Top 5 Bond ETFs for 2018
Five bond ETFs with top returns and interest rate considerations for 2018.