Key stats
About FlexShares High Yield Value-Scored Bond Index Fund
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Inception date
Jul 17, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Foreside Fund Services LLC
HYGV focuses on USD-denominated high-yield corporate bonds of varied maturities that maximize its exposure to a value-score factor relative to the eligible universe. Like some of its FlexShares siblings, HYGVs holdings are selected and optimized based on their exposure to quantitative factors such as value, credit, and liquidity. Optimization also includes several constraints on exposure to specific security, issuer, sector, credit, and liquidity factors. For example, the securities that fall in the bottom 5% of each sector in terms of liquidity are removed from the portfolio. Securities from issuers that fall in the lowest decile for credit score are also removed. HYGVs portfolio is weighted to match the effective duration of the parent index and is reconstituted monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.60%
Government1.37%
Miscellaneous0.03%
Stock breakdown by region
North America90.84%
Europe8.10%
Oceania1.06%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HYGV invests in bonds. The fund's major sectors are Corporate, with 98.60% stocks, and Government, with 1.37% of the basket. The assets are mostly located in the North America region.
HYGV last dividends amounted to 0.26 USD. The month before, the issuer paid 0.26 USD in dividends, which shows a 0.84% increase.
HYGV assets under management is 1.24 B USD. It's fallen 2.82% over the last month.
HYGV fund flows account for −129.60 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HYGV pays dividends to its holders with the dividend yield of 7.94%. The last dividend (May 7, 2025) amounted to 0.26 USD. The dividends are paid monthly.
HYGV shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Jul 17, 2018, and its management style is Passive.
HYGV expense ratio is 0.37% meaning you'd have to pay 0.37% of your investment to help manage the fund.
HYGV follows the Northern Trust High Yield Value-Scored US Corporate Bond Total Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HYGV invests in bonds.
HYGV price has risen by 2.03% over the last month, and its yearly performance shows a −1.07% decrease. See more dynamics on HYGV price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.23% decrease in three-month performance and has increased by 6.92% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.23% decrease in three-month performance and has increased by 6.92% in a year.
HYGV trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.