FlexShares International Quality Dividend Index Fund
IQDF
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Apr 16, 2013
- CIK
- 0001491978
- Website
- flexshares.com
- Similar Companies
- Business
- FlexShares International Quality Dividend Index Fund (IQDF) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend Index. The fund invests at least 80% of its total assets in securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the index; it provides exposure to a high-quality, income-oriented portfolio of long-only international equity securities issued by non-U.S.-based companies from developed and emerging markets, with an emphasis on long-term capital growth and a targeted overall beta similar to that of the Northern Trust International Large Cap Index. Companies are selected based on expected dividend payments and fundamental factors including profitability, solid management, reliable cash flow, and a proprietary Dividend Quality Score (DQS) that ranks dividend-paying equities within each sector to avoid dividend traps and ensure sector diversification across holdings such as Novartis AG, Taiwan Semiconductor Manufacturing Company, BHP Group, HSBC Holdings, and Roche Holding AG. Launched on April 12, 2013 and domiciled in the United States, the fund is managed by Northern Trust Investments Inc., part of Northern Trust Asset Management, with headquarters in Chicago, Illinois; it targets investors seeking international dividend income, diversification, and total return potential from approximately 240-283 holdings with an expense ratio of 0.47% and assets under management exceeding $790 million as of recent reports. In recent developments, the fund has delivered a one-year return of approximately 27% and a year-to-date performance reflecting market gains amid volatility, with quarterly dividend payouts including $0.383 in June 2024, $0.232 in September 2024, and ongoing payments into 2025 at an indicated yield around 6%; while no major acquisitions, partnerships, or strategic shifts specific to IQDF were announced in the last 1-2 years, FlexShares undertook operational changes including the liquidation of another ETF (FEEM) in early 2025, and the underlying index continues quarterly rebalancing to maintain quality focus without noted methodology alterations.