FlexShares Morningstar U.S. Market Factor Tilt Index Fund
TILT
Chicago Board Options Exchange- -
USD
- -
- -
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
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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
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Sep 22, 2011
- CIK
- 0001491978
- Website
- flexshares.com
- Similar Companies
- Business
- FlexShares Morningstar US Market Factor Tilt Index Fund (TILT) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield performance, before fees and expenses, of the Morningstar US Market Factor Tilt Index. The fund provides broad exposure to the U.S. equity market, comprising the top 99.5% of market capitalization in Morningstar's investable universe of U.S. stocks listed on the New York Stock Exchange, NASDAQ, or NYSE Market LLC; it applies a tilt methodology that overweights small-capitalization and value stocks—identified via multi-metric valuation analysis including price-to-book and price-to-earnings ratios—while underweighting large-cap and growth stocks relative to a market-cap-weighted benchmark, using modified free-float market-cap weighting across core, growth, and value style boxes. The fund invests at least 80% of its total assets in securities of the underlying index via representative sampling, maintains approximately 2,000 holdings with weighted average market cap around $1.07 trillion, and features a net expense ratio of 0.25%, quarterly distributions, and assets under management of approximately $1.7 billion. Launched on September 16, 2011 and domiciled in the United States, the fund is sponsored by FlexShares Trust, a product line of Northern Trust Investments, Inc., with management by Northern Trust Investments, Incorporated and portfolio managers including Robert Anstine, Brendan Sullivan, and Alan Aung; it is headquartered at 50 South LaSalle Street, Chicago, Illinois, as part of Northern Trust Corporation's global asset management operations. The fund targets long-term capital appreciation for investors seeking a core U.S. equity portfolio with enhanced potential from small-cap and value premia, serving institutional and individual investors through total market coverage that mitigates overconcentration in large-cap growth stocks while tracking broad U.S. equity performance. No major strategic changes, such as partnerships, acquisitions, funding rounds, new product launches, or reorganizations specific to TILT, have been reported in the last 1-2 years; the fund continues stable quarterly index rebalancing and semi-annual reconstitutions in June and December to maintain its factor tilt amid ongoing portfolio growth and performance tracking.