FlexShares iBoxx 5 Year Target Duration TIPS Index FundFlexShares iBoxx 5 Year Target Duration TIPS Index FundFlexShares iBoxx 5 Year Target Duration TIPS Index Fund

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

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Key stats

Assets under management (AUM)
‪776.30 M‬USD
Fund flows (1Y)
‪89.20 M‬USD
Dividend yield (indicated)
4.22%
Discount/Premium to NAV
0.5%

About FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

Issuer
Northern Trust Corp.
Brand
FlexShares
Expense ratio
0.18%
Inception date
Sep 19, 2011
Index tracked
iBoxx 5-Year Target Duration TIPS
Management style
Passive
TDTF delivers a specific slice of the intermediate pocket of the US TIPS market. The fund can hold TIPS with maturities ranging from 3 to 20 years, but its primary goal is to maintain targeted duration of roughly five years. TDTF is a take for those looking for predictable duration exposure with inflation protection in the middle of the intermediate TIPS curve. The fund weights constituents using a proprietary methodology to achieve the targeted average modified adjusted duration and its composition is rebalanced monthly.

Classification

Asset Class
Fixed income
Category
Government, inflation-linked
Focus
Investment grade
Niche
Intermediate
Strategy
Target duration
Weighting scheme
Proprietary
Selection criteria
Market value

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 2, 2024
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government100.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows