FlexShares High Yield Value-Scored Bond Index Fund (HYGV)

FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is an exchange-traded fund in the High Yield Bond category. It has $1.10B in assets, an expense ratio of 0.37% and a 7.37% dividend yield. The underlying index is designed to reflect the performance of a diversified universe of high yield, U.S.-dollar denominated bonds of companies exhibiting favorable fundamental qualities, market valuations and liquidity, as defined by NTI’s proprietary scoring models. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of its index.