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FlexShares STOXX® Global Broad Infrastructure Index Fund (NFRA)

Quick StatsAs Of 12/07/2018

Market Price
$45.76 (-0.82%)
52-Week High
$49.99
52-Week Low
$43.86
Inception
10/08/2013
Primary Exchange
NYSE Arca
CUSIP
33939L795
Total Net Assets
$786.35M
Number of Holdings*
155
SEC Subsidized Yield1 (as of 10/31/2018)
2.99%
SEC Unsubsidized Yield2 (as of 10/31/2018)
2.98%
Distribution Yield3
3.35%
12-Month Dividend Yield4
3.08%
Gross Expense Ratio
.48%
Net Expense Ratio**
.47%
Price to Book (as of 10/31/2018)
$2.79
Weighted Average Market Cap
$64.13B
*Cash positions and derivatives such as futures & currency forwards are not included in the number of holdings.
**Northern Trust Investments, Inc. ("NTI" or "Investment Adviser") has contractually agreed to reimburse the fees and expenses of the Trust’s independent trustees and their independent legal counsel until March 1, 2019.

OBJECTIVE AND STRATEGY

FlexShares STOXX® Global Broad Infrastructure Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX® Global Broad Infrastructure Index (Underlying Index).

DIFFERENT BY DESIGN

1. Identify equities that derive the majority of their revenue from infrastructure business
2. Provide market-weighted exposure to three traditional (Utilities, Transportation, and Energy) and two nontraditional (Communication and Government Outsourcing/Social) supersectors

VIDEO

 

2:16 | Investing in Global Infrastructure Through NFRA | Transcript

Infrastructure will potentially play an important role in the global economy’s future, and with FlexShares STOXX® Global Broad Infrastructure Index Fund, it can play an important part of your portfolio’s future too.

FLEXSHARES STRATEGY

Risk Management

Though investment involves compensation for risk in the form of return, investors must:

  • Identify, measure and understand investment risks.
  • Seek to mitigate exposure to risk that exceeds tolerances while hedging factor-specific risks.
  • Receive commensurate compensation for risk consistent with investment goals.

This is particularly important in today’s environment, in which global markets are highly interconnected and experience more volatility in the form of price movement. Unexpected market shocks (or tail risks) are more common and change the view of normal investment distributions. The following risk solutions may complement investors' portfolios by providing a investments that seek to mitigate exposure to risk, while seeking to receive compensation for that risk.

PRICING AND PERFORMANCE

Select Month:
Performance
As of
Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 10/9/2013, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.
Select Quarter:
Greatest Premium
Greatest Discount
Days at Premium
Days at Discount
Days at Nav
Total Days in Period
As of
Information presented here is historical, and is not indicative of future results. Investment premiums or discounts may vary, and at the time of purchase or sale of an investment it may not be indicative of the numbers above.
Date -
Market Price
Bid/Ask Mid Point Price
Please select start and end dates
Pricing information presented here is historical, and is not indicative of future results. Investment pricing may vary, and at the time of purchase or sale of an investment it may not be indicative of the numbers above. For most recent pricing please call 1-855-353-9383 (1-855-FlexETF).

Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 10/9/2013, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance. It is not possible to invest directly in an index.
Date -
Market Price
-
NAV
-
Bench mark
-
Index
-
Please select start and end dates
Past performance is not a guarantee of future results. The Growth of $10,000 chart is hypothetical based upon the historical performance of the Fund. It includes the reinvestment of dividends and capital gains at net asset value: actual returns may differ. It does not reflect the deduction of other fees and expenses, in which case the performance would have been lower. It is not possible to invest directly in an index.

Performance information presented on this website is historical, and is not indicative of future results. Investment returns and principal may vary, and at the time of sale an investment may be worth more or worth less than its original value. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. The fund inception date is generally several days prior to when the fund begins trading. NAV prices are used to calculate market price performance prior to 10/9/2013, when the fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. They do not represent the returns you would receive if you traded shares at other times. Index performance does not represent FlexShares fund performance.
Select Year:
Distributions

HOLDINGS

Top 10 holdings for NFRA make up _!HOLDINGPERCENT of the fund's total holdings

SECTOR BREAKDOWN

NFRA holdings span _!SECTORNUMBER sectors

MARKET CAP

NFRA holdings lean towards Large Cap but are diverse

STYLE

NFRA is style balanced with a lean towards Core and Value

COUNTRY BREAKDOWN

Note: The chart above reflects the top 10 countries.

INDEX

The STOXX® Global Broad Infrastructure Index measures the performance of companies that generate a least half of their revenues from one of the following 17 sectors defined as infrastructure-specific by a propriety classification system used by STOXX®: Communication (Cable & Satellite, Data Centers, Wireless, Wireless Towers, Wireline), Energy (Energy Utilities, Midstream Energy), Government Outsourcing / Social (Correctional Facilities, Hospitals, Postal Services), Transportation (Air Transportation, Passenger Transportation, Rail Transportation, Road Transportation, Water Transportation) and Utilities (Waste Management and Water Utilities).

The universe of securities for STOXX® Global Broad Infrastructure Index encompasses all constituents of the STOXX® Global Total Market Index listed in developed or emerging markets. The companies within the index universe for the STOXX® Global Broad Infrastructure Index which derive at least 50% of their revenues from one of the 17 sectors above are screened to meet a minimum liquidity measurement and sorted by their free-float market capitalization. The index methodology limits the number of index constituents from each supersector (Communication, Energy, Government Outsourcing / Social, Transportation, Utilities). Further, a maximum number of constituents per sector within each supersector is defined.

Index Methodology

Definitions

1SEC Subsidized Yield
The 30-Day SEC Subsidized Yield is computed under an SEC standardized formula based on net income earned over the past 30 days. It is a "subsidized" yield, which means it includes contractual expense reimbursements and it would be lower without those reimbursements. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
2SEC Unsubsidized Yield
The 30-Day SEC Unsubsidized Yield calculation is also computed under the same SEC standardized formula based on net income earned over the past 30 days, but excludes contractual expense reimbursements, resulting in a lower yield. It may also include an inflation adjustment that can cause the yield to vary substantially from one month to the next.
3Distribution Yield
This yield is calculated by taking the most recent distribution annualized and dividing by the fund NAV from the as of date. For Funds that distribute monthly, an NA will be displayed if the fund has not distributed within the last 35 days.
412-Month Dividend Yield
This yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV.

The Glossary contains definitions of widely used investment terms found on this page.