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.
Frequently asked questions
What is the FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) expense ratio?
The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund funds expense ratio is 0.18%.
What is FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) current stock price?
As of the latest data, FlexShares iBoxx 5-Year Target Duration TIPS Index Fund stock price is $23.08, with a previous close of $23.09. FlexShares iBoxx 5-Year Target Duration TIPS Index Fund lost -$0.01 in the last trading session, representing a -0.04% loss.
Does FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) pay dividends?
No. FlexShares iBoxx 5-Year Target Duration TIPS Index Fund does not pay a dividend.