Symbols

RAVI

FlexShares Ultra-Short Income Fund·ARCA

--(--)

Key Stats

Assets Under Management

1.38BUSD

Fund Flows (1Y)

222.85MUSD

Dividend Yield

4.60%

Discount/Premium to NAV

0.01%

Shares Outstanding

18.30M

Expense Ratio

0.25%

About FlexShares Ultra-Short Income Fund

Issuer

Northern Trust

Brand

FlexShares

Home Page

https://www.flexshares.com/us/en/advisors/funds/ravi

Inception Date

Oct 9, 2012

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

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

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 fund's total assets. Prior to January 3, 2023, the fund was named FlexShares Ready Access Variable Income Fund.