The Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) has joined the billion-dollar club for assets under management. Key Takeaways: SKOR attracted $247 million in recent inflows, pushing its assets under management past the $1 billion threshold after more than a decade on the market.
The Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) was launched on 11/12/2014, and is a smart beta exchange traded fund designed to offer broad exposure to the Investment Grade Corporate Bond ETFs category of the market.
Designed to provide broad exposure to the Investment Grade Corporate Bond ETFs category of the market, the FlexShares Credit-Scored US Corporate Bond ETF (SKOR) is a smart beta exchange traded fund launched on 11/12/2014.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 132,385 | $6.43M | $6.21M | -$220,260.75 | -3.43% |
| BS Benjamin Schmitt Finward Bancorp | 181,180 | $8.83M | $8.49M | -$338,344.53 | -3.83% |
| MBV Matthew B. Vawter NATIONS FINANCIAL GROUP Inc., /IA/ /ADV | 11,075 | $523,719.83 | $521,356.73 | -$2,363.1 | -0.45% |
| LW Landry Watson AVANTAX ADVISORY SERVICES Inc. | 5,126 | $250,046.28 | $241,367.45 | -$8,678.83 | -3.47% |
Dipen Mehta Invst LLC | 21,068 | $1.02M | $990,406.68 | -$25,948.98 | -2.55% |
| NASDAQ (NMS) Exchange | US Country |
The company operates within the financial industry, focusing on investment solutions that cater to investors looking to allocate their assets into fixed income securities. It is structured around an underlying index intent on mirroring the performance of a diversely selected pool of intermediate maturity, U.S.-dollar denominated bonds. These bonds are meticulously chosen based on their investment-grade credit quality, implying a lower risk of default, thus offering a relatively safer investment avenue for income-seeking investors. Additionally, the emphasis on bonds with favorable valuations suggests a strategy aimed at identifying and capitalizing on undervalued securities that may offer potential for appreciation or higher yield relative to their risk. The criteria for enhanced short-term and long-term solvency further ensure that the bonds included in the index are from issuers with strong financial health, capable of meeting their obligations presently and in the foreseeable future. By committing at least 80% of its total assets to the securities of its index, the fund ensures a high degree of alignment with the performance and risk-return profile of the underlying bond universe it aims to replicate.
This product is centered around the strategic investment in intermediate maturity, U.S.-dollar denominated bonds. Targeting bonds of companies with investment-grade credit quality, the fund offers a stable and relatively secure investment option for those prioritizing income and safety of capital. By adhering to a principle of investing at least 80% of its total assets in the securities of its index, the fund assures investors of its commitment to maintaining a portfolio that closely tracks the carefully constructed and diversified underlying index. This approach not only enables exposure to bonds with favorable valuations, potentially leading to capital appreciation, but also emphasizes the selection of issuers demonstrating superior solvency. This dual focus on value and financial health makes the Investment Grade Bond Fund an appealing choice for conservative investors looking for predictable returns and minimized risk in the fixed income market.