FlexShares Ultra-Short Income FundFlexShares Ultra-Short Income FundFlexShares Ultra-Short Income Fund

FlexShares Ultra-Short Income Fund

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Buy RAVI

Key stats


Assets under management (AUM)
‪1.15 B‬USD
Fund flows (1Y)
‪68.37 M‬USD
Dividend yield (indicated)
5.32%
Discount/Premium to NAV

About FlexShares Ultra-Short Income Fund


Issuer
Northern Trust Corp.
Brand
FlexShares
Expense ratio
0.25%
Inception date
Oct 9, 2012
Index tracked
No Underlying Index
Management style
Active
RAVI invests in a broad array of short-term, investment grade debt securities from around the world, despite being focused mainly on US dollar-denominated debt. The fund may invest without limitation in developed markets and up to 20% of its assets in emerging markets. It seeks higher income while preserving capital, with an emphasis on the latter. The portfolio has an average duration of less than one year, while its weighted average maturity typically does not exceed two years. As actively managed funds do, RAVI can make certain investment decisions at its discretion. The fund may, at times, hold sizeable positions in cash and lend securities of up to one-third of the funds total assets. Prior to January 3, 2023, the fund was named FlexShares Ready Access Variable Income Fund.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate85.47%
Government7.75%
Securitized6.78%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.