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 three 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 Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) expense ratio?
The FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund funds expense ratio is 0.18%.
What is FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) current stock price?
As of the latest data, FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund stock price is $23.52, with a previous close of $23.53. FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund lost -$0.01 in the last trading session, representing a -0.04% loss.
Does FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT) pay dividends?
No. FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund does not pay a dividend.