FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Sep 24, 2015
- CIK
- 0001491978
- Website
- flexshares.com
- Similar Companies
- Business
- The FlexShares Credit-Scored US Long Corporate Bond Index Fund (Ticker: LKOR) is an exchange-traded fund (ETF) focused on providing investors with exposure to the long-term U.S. investment-grade corporate bond market. The fund seeks to track the performance of the Markit iBoxx USD Liquid Investment Grade Credit - Long Index, which scores bonds based on credit quality to optimize exposure to higher credit scoring issuances within the long corporate bond sector. LKOR's core product is corporate bonds categorized by credit scores, enhancing risk-adjusted return potential compared to traditional bond indices. It offers targeted fixed income investment aimed at institutional and retail investors seeking long-duration corporate bond exposure in the United States. The fund operates primarily in the U.S. corporate bond market and is managed by FlexShares, a subsidiary of Northern Trust that specializes in smart beta and strategic beta exchange traded products. The product range includes credit quality scored bonds filtered by issuer credit risk with an emphasis on liquidity and market tradability. Its service offering encompasses portfolio construction tailored to credit risk management and duration exposure aligned with market benchmarks. Recent company developments include strategic enhancements to the ETF's underlying index methodology to reflect evolving credit market dynamics and continued optimization of index eligibility criteria. FlexShares has also been expanding its suite of fixed income products with innovations focused on smart beta strategies and enhanced credit scoring frameworks, aiming to meet growing investor demand for risk-adjusted yield opportunities. These improvements contribute to the fund’s competitive positioning within the fixed income ETF space in the United States. Established with a focus on fixed income investment solutions, FlexShares operates under Northern Trust, headquartered in Chicago, Illinois. This fund represents part of the broader FlexShares family of ETFs, which covers various asset classes and investment strategies targeting institutional and individual investors globally. This includes actively managed and index-based products that leverage sophisticated quantitative methodologies for enhanced investment outcomes. In summary, the FlexShares Credit-Scored US Long Corporate Bond Index Fund is a specialized ETF offering long-term U.S. corporate bond exposure with a credit scoring approach to improve risk-return profiles. It operates within the fixed income asset class, primarily targeting U.S. corporate bonds while enhancing portfolio quality through proprietary credit assessment methodologies. Recent advancements focus on index methodology refinements and product suite expansion to address evolving market needs and investor objectives. The fund is supported by FlexShares, a Northern Trust entity founded to deliver innovative ETF solutions from its headquarters in Chicago, Illinois.