|
FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| FlexShares iBoxx 3-Year Target Duration TIPS Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the iBoxx 3-Year Target Duration TIPS Index. |
| Category | Inflation Protected |
| Fund Sponsor | Northern Trust Investments Inc |
| Website | www.flexshares.com |
| Inception date | Sep 19, 2011 |
| Assets (mns) | $2,751 |
| Currency | USD |
| Expense ratio | 18 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | JPMorgan Chase Bank NA |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 13 |
| No of distinct issuers | 1 |
| Inflation protected | 100% |
| Variable/Fixed coupon | 0% /100% |
| Non-standard maturity (callable, etc.) | 36% |
| 0.0% // | 9.1 % |
| 0.0% // | 8.5 % |
| 0.0% // | 8.4 % |
| 0.0% // | 7.8 % |
| 0.0% // | 6.5 % |
| 0.0% // | 3.6 % |
| 0.0% // | 3.6 % |
| 0.0% // | 3.5 % |
| 0.0% // | 3.5 % |
| 0.0% // | 3.4 % |
| TOTAL | 57.9 % |
|---|
| U.S. TREASURY | 100.0% |
 |
UNITED STATES | 100.0 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 3.9% | 3.5% | 2.7% | 2.8% | 2.0% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.40 | 52% |
| S&P500 | 0.14 | 31% |
| MSCI EAFE | 0.15 | 39% |
| MSCI Emg. Mkts. | 0.13 | 31% |
| Recent close | $24.41 |
| 30d moving avg. | $24.26 |
| Annualized volatility | 3.9% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 63 |
| Avg. volume (thou.) | 438 |
| Avg. daily value traded (mns) | $11 |
| Turnover | 0.4% |
| Bid/Ask (% of price) | 0.04 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| TDTT | 3.1 yrs | Category Avg.* |
7.8 yrs |
| TDTT | 3.1% | Category Avg.* |
7.8% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 3.24% | -0.3% | $24.34 |
| +200 bp | 2.24% | -2.2% | $23.87 |
| +150 bp | 1.74% | -2.4% | $23.82 |
| +100 bp | 1.24% | -2.1% | $23.89 |
| +75 bp | 0.99% | -1.8% | $23.98 |
| +50 bp | 0.74% | -1.3% | $24.09 |
| +25 bp | 0.49% | -0.7% | $24.23 |
| 0 bp | 0.24% | 0% | $24.41 |
| -25 bp | -0.01% | 0.8% | $24.61 |
| -50 bp | -0.26% | 1.8% | $24.84 |
| -75 bp | -0.51% | 2.9% | $25.11 |
| -100 bp | -0.76% | 4.1% | $25.40 |
| -150 bp | -1.26% | 6.9% | $26.09 |
| -200 bp | -1.76% | 10.2% | $26.89 |
| -300 bp | -2.76% | 18.3% | $28.86 |
*Fund Category: INFLATION PROTECTED
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
212 | bp |
| Less: Annual "default factor" |
0 | bp |
| Less: Expense ratio | 18 | bp |
| Equals: ALTAR Score | 1.94 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.7% |
| Corporate | 3.7% |
| Emerging Market | 5.3% |
| Government | 6.9% |
| Inflation Protected | 1.9% |
| Mortgage | 4.6% |
| Municipals | 3.1% |
| *Note: The FlexShares iBoxx 3 Year Target Duration TIPS Index Fund is classified as a Inflation Protected fund. | |