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About FlexShares Core Select Bond Fund Core Select Bond Fund
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Inception date
Nov 18, 2016
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US33939L6700
BNDC is an actively managed fund that provides exposure to the core US fixed income marketUSD-denominated investment-grade securities. BNDC`s manager uses a top-down approach to select index-based fixed income ETFs to generate attractive risk-adjusted performance while emphasizing liquidity and diversification. The manager adjusts BNDC for potential changes in interest rate levels, the shape of the yield curve, and credit spread relationships. BNDC differentiates itself from other total-return bond funds by maintaining a pure USD and investment-grade exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.85%
Government0.15%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BNDC top holdings are iShares MBS ETF and iShares 5-10 Year Investment Grade Corporate Bond ETF, occupying 25.05% and 17.60% of the portfolio correspondingly.
BNDC last dividends amounted to 0.08 USD. The month before, the issuer paid 0.07 USD in dividends, which shows a 11.07% increase.
BNDC assets under management is 145.97 M USD. It's risen 0.85% over the last month.
BNDC fund flows account for −22.35 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BNDC pays dividends to its holders with the dividend yield of 4.06%. The last dividend (Nov 14, 2025) amounted to 0.08 USD. The dividends are paid monthly.
BNDC shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Nov 18, 2016, and its management style is Active.
BNDC expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
BNDC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BNDC invests in funds.
BNDC price has fallen by −0.16% over the last month, and its yearly performance shows a 1.53% increase. See more dynamics on BNDC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.00% over the last month, have fallen by 0.00% over the last month, showed a 1.79% increase in three-month performance and has increased by 6.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.00% over the last month, have fallen by 0.00% over the last month, showed a 1.79% increase in three-month performance and has increased by 6.57% in a year.
BNDC trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.