FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)
FlexShares Credit-Scored US Long Corporate Bond Index Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $40.02, up 0.09% on the session, giving a market capitalisation of $42.2M. Its beta of 1.94 implies it has historically moved more than the broad market.
This fund is designed for investors seeking exposure to long-maturity, investment-grade U.S. corporate debt, with a strong focus on the financial robustness of the issuing companies and compelling valuations. Its primary objective is to closely mirror the price appreciation and income generation of the Northern Trust US Long Corporate Bond Quality Value Index, prior to any fund-specific fees and operational costs.
FlexShares Credit-Scored US Long Corporate Bond Index Fund is most often compared with the following Financial Services names: