FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR)
| Assets | $247.93M |
| NAV | $48.61 |
| Expense Ratio | 0.22% |
| PE Ratio | n/a |
| Shares Out | 5.10M |
| Dividend (ttm) | $1.38 |
| Dividend Yield | 2.84% |
| Ex-Dividend Date | May 2, 2022 |
| 1-Year Return | -10.07% |
| Volume | 7,475 |
| Open | 48.69 |
| Previous Close | 48.34 |
| Day's Range | 48.44 - 48.55 |
| 52-Week Low | 47.82 |
| 52-Week High | 54.56 |
| Beta | 0.12 |
| Holdings | 771 |
| Inception Date | Nov 12, 2014 |
About SKOR
The underlying index reflects the performance of a broad universe of intermediate maturity, 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 Corporate Bond Index SM. The fund generally will invest at least 80% of its total assets in the securities of its index.
Top 10 Holdings
5.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | N/A | 0.93% |
| Broadcom Inc 4% | AVGO 4 04.15.29 144A | 0.77% |
| Apple Inc. 3% | AAPL 3 11.13.27 | 0.61% |
| Wells Fargo & Company 3.55% | WFC 3.55 09.29.25 MTN | 0.49% |
| Fiserv Inc. 3.5% | FISV 3.5 07.01.29 | 0.48% |
| United Health Group Incorporated 1.15% | UNH 1.15 05.15.26 | 0.47% |
| Berkshire Hathaway Energy Company 4.05% | BRKHEC 4.05 04.15.25 | 0.46% |
| Wells Fargo & Company 3.584% | WFC V3.584 05.22.28 MTN | 0.44% |
| Dell International L.L.C. and EMC Corporation 6.02% | DELL 6.02 06.15.26 | 0.43% |
| HSBC Holdings PLC 4.25% | HSBC 4.25 08.18.25 | 0.43% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 2, 2022 | $0.09193 | May 6, 2022 |
| Apr 1, 2022 | $0.08844 | Apr 7, 2022 |
| Mar 1, 2022 | $0.0778 | Mar 7, 2022 |
| Feb 1, 2022 | $0.08241 | Feb 7, 2022 |
| Dec 17, 2021 | $0.49186 | Dec 23, 2021 |
| Dec 1, 2021 | $0.07461 | Dec 7, 2021 |
News
Get Intermediate Maturity Exposure With a Touch of Quality Using SKOR
Getting intermediate bond exposure can help investors toe the line between getting more yield while limiting credit risk using an ETF like the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR...
Blunt Market Shocks With a Multi-Asset Strategy
Market shocks have returned to the major stock market indexes after the identification of a new COVID-19 variant, but a multi-asset strategy can help dampen the impact. Even before news of the variant h...
A Pair of Options for Yield and Quality in Corporate Bonds
Even while the effects of the ongoing pandemic are slowly dissipating, the risk of default is always apparent when investing in corporate debt issues, which can be addressed with a pair of FlexShares ET...
Settle the ‘SKOR' with Your Corporate Bond Concerns
The growth versus value narrative doesn't have to begin and end with equities when bond-focused exchange traded funds (ETFs) can get in on the action with the FlexShares Credit-Scored US Corporate Bond ...
Why It Pays Big to Invest in Quality Corporate Bonds
Seasoned fixed income investors know that the lower they go in terms of credit quality, the higher the risk profile they take on. The FlexShares Credit‐Scored US Corporate Bond Index Fund (NasdaqGM: SKO...
SKOR Big with This Indexed Corporate Bond ETF from FlexShares
Corporate bonds are one of the largest segments of the already vast fixed income landscape. That expansive nature tends to highlight the advantages of index-based approaches such as the FlexShares Credi...
A Brighter Bond Outlook and the Chance to SKOR Big
The Federal Reserve provided a vital backstop to the corporate bond market last year. Now, some analysts see the market supporting itself again, spelling opportunity for the FlexShares Credit‐Scored US ...
With Bond Fund ETFs, the Credit Keeps the SKOR
The FlexShares Credit‐Scored US Corporate Bond Index Fund (NasdaqGM: SKOR) is an investment-grade corporate bond exchange traded fund worth considering in 2021 as the potential for narrower yield spread...
Can Division Be Positive? Split Congress a SKOR for this ETF
Votes are still being counted in several states, but it's clear that regardless of the presidential victor, Congress is likely to be divided. That could be useful for exchange traded funds, such as the ...
Prepare for Better Credit Quality With This IG Corporate Bond ETF
Corporate credit quality could be ready to take a step forward and investors can leverage that theme via the FlexShares Credit‐Scored US Corporate Bond Index Fund (NasdaqGM: SKOR).
More Could be Merrier for Corporate Credit Quality
August was a brisk month in terms of corporate bond issuance and while it may seem counter-intuitive, all that new issuance could actually boost credit quality, potentially helping ETFs, such as the Fle...
Rethinking the Role of Bonds in Retirement Portfolios
Fixed income assets previously served as bedrocks of retirement portfolios, but in today’s ultra-low yield environment, retirees may need to rethink how bonds impact their investment rosters. The FlexSh...
Shifts in Credit Quality Spotlight Opportunity With This ETF
The coronavirus pandemic is having a material impact on the corporate credit landscape, which could highlight the importance of bond quality. Investors can tap into that theme with the FlexShares Credit...
Let Big Dogs Get the Attention, but Consider This IG Corporate Bond ETF
Plenty of familiar investment-grade corporate bond ETFs are getting lots of attention these days thanks to the Federal Reserve buying some of these funds, but investors should let that commotion oversha...
Fed Not Buying This Corporate Bond ETF, but It Can Still Benefit
The Federal Reserve is buying investment-grade corporate bond ETFs. The FlexShares Credit‐Scored US Corporate Bond Index Fund (NasdaqGM: SKOR) isn’t on the central bank’s list.
A Tactical Approach to Corporate Bonds
Normally docile investment-grade corporate bonds have been anything but this year confirming that a tactical approach to the asset class is useful. Enter the FlexShares Credit‐Scored US Corporate Bond I...
All About the Fed With Corporate Bond ETFs
Easily one of the biggest stories from the bond market this year is the Federal Reserve, prompted by the coronavirus pandemic, moving to shore up various assets, including investment-grade corporate debt.
Things Could Perk up for IG Corporates with This ETF
The recent news that the Federal Reserve will purchase investment-grade corporate debt using ETFs appears to have put a floor under the market, providing some support for ETFs such as the FlexShares Cre...
Quality Is Key For Corporate Bond Market
At the start of this year, fears ran high that corporate bonds in the BBB-rated spectrum, meaning debt one to three notches above junk territory, were headed for a slew of downgrades. That scenario hasn...
The Score Looks Good With This Unique Corporate Bond ETF
With investors scrambling to find additional income in today’s low-yield climate, corporate bonds and the related ETFs could be popular destinations. One way to add some quality to that asset class is w...
Keep Score With This Corporate Bond ETF
Investment-grade corporate bonds are enjoying a nice start to 2019. One of the exchange traded funds participating in that theme is the FlexShares Credit-Scored US Corporate Bond Index Fund.