FlexShares Ready Access Variable Income Fund (RAVI)
- Fixed Income | Capital Appreciation Funds
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Fund Description
The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve the investment objective by investing at least 65% of its total assets in a non-diversified portfolio of fixed income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed income securities and instruments of issuers in emerging markets. The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $75.23 | Expense Ratio | 0.25% |
| YTD Return | 0.6% | Avg. 30-Day Volume | 3,040 |
| 1-Year Return | 0.0% | Market Cap | Loading... |
| Bid | $75.30 | Shares Outstanding | 150,000 |
| Ask | $75.31 | Dividends | $0.27 |
| Top 10 Holdings | |
|---|---|
| Ford Motor Credit Co Llc (—) | 6.68% |
| Daimler Finance North Amer Llc (—) | 5.92% |
| Amazon Com Inc (—) | 5.89% |
| Apple Inc (—) | 4.54% |
| Anheuser Busch Inbev Worldwide (—) | 4.19% |
| General Mls Inc (—) | 4.11% |
| Bank Of Nova Scotia (—) | 3.58% |
| Bnp Paribas / Bnp Paribas Us (—) | 3.56% |
| At&T Inc (—) | 3.55% |
| International Business Machs (—) | 3.55% |
| % of Total Holdings | 45.50% |
