NYSEARCA:RAVI

FlexShares Ultra-Short Income Fund (RAVI) Price, Holdings, & News

$74.68

+0.04 (+0.05%)

(As of 06/1/2023 ET)

Compare

Today's Range: $74.65
▼
$74.70
50-Day Range: $74.59
▼
$74.92
52-Week Range: $74.07
▼
$74.94

Volume: 22,846 shs
Average Volume: 49,933 shs
Market Capitalization: $933.56 million

Assets Under Management: $951.52 million
Dividend Yield: 1.70%
Net Expense Ratio: 0.25%

Profile Chart Headlines Holdings

About FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI)

The FlexShares Ready Access Variable Income Fund (RAVI) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that invests in an ultra-short-term portfolio of investment grade public and private debt issued domestically and abroad. RAVI was launched on Oct 9, 2012 and is managed by FlexShares.

Receive RAVI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for FlexShares Ultra-Short Income Fund and its competitors with MarketBeat's FREE daily newsletter.

RAVI ETF News Headlines

May 3, 2023 | americanbankingnews.com

FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) Sees Strong Trading Volume

See More Headlines

RAVI Price History

30 days | 90 days | 365 days | Advanced Chart

Fund Details

Issuer: Northern Trust
Fund Name: FlexShares Ultra-Short Income Fund
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:RAVI
Inception Date: 10/9/2012
Fund Manager: Morten Olsen, Patrick Quinn
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Fixed Income
Benchmark: N/A
Category: Broad Debt
Focus: Investment Grade
Development Level: Blended Development
Region: Global
Number of Holdings: 336

Fund Statistics

Assets Under Management: $951.52 million
Average Daily Volume: $49,207.40
Discount/Premium: 0.00%

Administrator, Advisor and Custodian

Administrator: J.P. Morgan Investor Services Co.
Advisor: Northern Trust Investments, Inc.
Custodian: JPMorgan Chase Bank, N.A.
Distributor: Foreside Fund Services, LLC
Transfer Agent: JPMorgan Chase Bank, N.A.
Trustee: N/A
Lead Market Maker: RBC Capital Markets

Options

Optionable: N/A
Short Interest: 25,800 shs

Miscellaneous

Outstanding Shares: 12,500,000
Beta: 0.04
Creation Unit: 50,000
Creation Fee: $350.00

FlexShares Ultra-Short Income Fund Expenses

Type	RAVI	Investment Grade ETFs	Fixed Income ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.25%	0.18%	0.29%	0.50%	0.49%
Other Expenses	0.01%	0.09%	0.21%	0.64%	0.51%
Total Expense	0.26%	0.20%	0.35%	0.74%	0.66%
Fee Waiver	-0.01%	-0.14%	-0.22%	-0.69%	-0.52%
Net Expense	0.25%	0.18%	0.31%	0.57%	0.55%

FlexShares Ultra-Short Income Fund (RAVI) Holdings & Exposure

Top 10 RAVI Holdings

United States Treasury Bills 0%
Holding Weight: 3.17%
United States Treasury Bills 0%
Holding Weight: 2.66%
United States Treasury Bills 0%
Holding Weight: 2.65%
United States Treasury Bills 0%
Holding Weight: 2.13%
United States Treasury Bills 0%
Holding Weight: 2.12%
United States Treasury Bills 0%
Holding Weight: 2.11%
United States Treasury Bills 0%
Holding Weight: 2.09%
United States Treasury Bills 0%
Holding Weight: 2.08%
Fifth Third Bank of Cincinnati 5.852%
Holding Weight: 0.90%
International Business Machines Corporation 3.375%
Holding Weight: 0.74%

RAVI Sector Exposure

RAVI Industry Exposure

Full Holdings Details

Similar ETFs

Institutional Ownership

View All Institutional Transactions

RAVI ETF - Frequently Asked Questions

How have RAVI shares performed in 2023?: FlexShares Ultra-Short Income Fund's stock was trading at $74.40 on January 1st, 2023. Since then, RAVI shares have increased by 0.4% and is now trading at $74.68.
View the best growth stocks for 2023 here.
What does RAVI invest in?: FlexShares Ultra-Short Income Fund is a fixed income fund issued by Northern Trust. RAVI focuses on investment grade investments. The fund's investments total to approximately $951.52 million assets under management.
What is the management fee for FlexShares Ultra-Short Income Fund?: FlexShares Ultra-Short Income Fund's management fee is 0.25% and has other expenses of 0.01%. However, RAVI has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for RAVI is 0.25%.
What is FlexShares Ultra-Short Income Fund's stock symbol?: FlexShares Ultra-Short Income Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RAVI."

Who are FlexShares Ultra-Short Income Fund's major shareholders?: FlexShares Ultra-Short Income Fund's stock is owned by many different retail and institutional investors. Top institutional investors include Landmark Financial Advisors LLC (1.22%), Envestnet Asset Management Inc. (0.87%), LPL Financial LLC (0.77%), Chicago Partners Investment Group LLC (0.47%), Boltwood Capital Management (0.47%) and MML Investors Services LLC (0.34%).
How do I buy shares of FlexShares Ultra-Short Income Fund?: Shares of RAVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is FlexShares Ultra-Short Income Fund's stock price today?: One share of RAVI stock can currently be purchased for approximately $74.68.
How much money does FlexShares Ultra-Short Income Fund make?: FlexShares Ultra-Short Income Fund (NYSEARCA:RAVI) has a market capitalization of $933.50 million.

This page (NYSEARCA:RAVI) was last updated on 6/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial