FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF)

FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) is an exchange-traded fund in the Inflation Protected Bond category. It has $1.04B in assets, an expense ratio of 0.18% and a 4.73% dividend yield. The underlying index reflects the performance of a selection of inflation protected public obligations of the U.S. treasury, commonly known as "TIPS," with a targeted average modified adjusted duration, as defined by the S&P Dow Jones Indices LLC as the index provider, of approximately five years. Under normal circumstances, the fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of the underlying index.