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Morningstar

FlexShares ESG & Clmt HY Corp Cr FEHY

Morningstar Analyst Rating
Quantitative rating as of | See Flexshares Investment Hub

Morningstar’s Analysis FEHY

Will FEHY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEHY’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FEHY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FEHY’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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FlexShares ESG & Clmt HY Corp Cr’s management team is just average, but a solid investment process still helps this strategy retain its Morningstar Quantitative Rating of Gold. The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FEHY

More FEHY Holdings
  • Current Portfolio Date Mar 28, 2023
  • Equity Holdings 0
  • Bond Holdings 787
  • Other Holdings 1
  • % Assets in Top 10 Holdings 5.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

1.23
221,928
Cash and Equivalents

Virgin Media Vendor Financing Notes IV Designated Activity Company 5%

0.86
155,813
Corporate

Vodafone Group PLC 7%

0.62
112,979
Corporate

International Game Technology PLC 4.125%

0.60
108,285
Corporate

Newell Brands Inc. 4.45%

0.58
104,638
Corporate

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125%

0.57
103,138
Corporate

Sprint Capital Corporation 8.75%

0.52
93,644
Corporate

Davita Inc 4.625%

0.51
92,079
Corporate

T-Mobile US Inc 7.125%

0.50
91,281
Corporate

Occidental Petroleum Corporation 5.875%

0.47
84,793
Corporate