NYSEARCA:RAVI

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

$75.35
+0.02 (+0.03%)
(As of 05/17/2024 ET)
Today's Range
$75.33
$75.37
50-Day Range
$75.13
$75.46
52-Week Range
$74.65
$75.47
Volume
49,638 shs
Average Volume
58,227 shs
Market Capitalization
$1.15 billion
Assets Under Management
$1.15 billion
Dividend Yield
1.69%
Net Expense Ratio
0.25%
RAVI stock logo

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.

RAVI Stock Price History

RAVI ETF News Headlines

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Fund Details

Issuer
Northern Trust
Fund Name
FlexShares Ultra-Short Income Fund
Tax Classification
Regulated Investment Company
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
311

Fund Statistics

Assets Under Management
$1.15 billion
Average Daily Volume
$55,275.50
Discount/Premium
0.01%

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
Flow Traders

Options

Optionable
N/A
Short Interest
100 shs

Miscellaneous

Beta
N/A
Creation Unit
50,000
Creation Fee
$350.00
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FlexShares Ultra-Short Income Fund Expenses

TypeRAVIInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.25%0.22%0.32%0.51%0.51%
Other Expenses0.01%0.12%0.27%0.64%0.58%
Total Expense0.26%0.25%0.40%0.74%0.70%
Fee Waiver-0.01%-0.15%-0.24%-0.68%-0.57%
Net Expense0.25%0.22%0.35%0.58%0.58%

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

Top 10 RAVI Holdings

  • United States Treasury Bills 0%
    Holding Weight: 1.29%
  • PepsiCo Singapore Financing I Pte. Ltd. 5.939%
    Holding Weight: 1.06%
  • Barclays PLC 6.85%
    Holding Weight: 0.88%
  • Keurig Dr Pepper Inc 6.244%
    Holding Weight: 0.88%
  • State Street Corporation 6.164%
    Holding Weight: 0.88%
  • Caterpillar Financial Services Corporation 5.831%
    Holding Weight: 0.87%
  • John Deere Capital Corp. 5.804%
    Holding Weight: 0.87%
  • Southwest Airlines Co. 5.25%
    Holding Weight: 0.87%
  • United States Treasury Bills 0%
    Holding Weight: 0.87%
  • Thermo Fisher Scientific Inc 1.215%
    Holding Weight: 0.86%

RAVI Sector Exposure

RAVI Industry Exposure


RAVI ETF - Frequently Asked Questions

How have RAVI shares performed in 2024?

FlexShares Ultra-Short Income Fund's stock was trading at $75.03 on January 1st, 2024. Since then, RAVI stock has increased by 0.4% and is now trading at $75.35.
View the best growth stocks for 2024 here
.

How often does FlexShares Ultra-Short Income Fund pay dividends? What is the dividend yield for FlexShares Ultra-Short Income Fund?

FlexShares Ultra-Short Income Fund announced a dividend on Tuesday, January 30th. Stockholders of record on Tuesday, April 2nd will be given a dividend of $0.3381 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from the stock's previous dividend of $0.28.
Read our dividend analysis for RAVI
.

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 $1.15 billion 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%.

Who are FlexShares Ultra-Short Income Fund's major shareholders?

FlexShares Ultra-Short Income Fund's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (1.14%), Boltwood Capital Management (0.35%), Auour Investments LLC (0.10%), Greenleaf Trust (0.10%), J.W. Cole Advisors Inc. (0.09%) and Commonwealth Equity Services LLC (0.06%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:RAVI) was last updated on 5/19/2024 by MarketBeat.com Staff

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