About FlexShares Core Select Bond Fund (BNDC)

The FlexShares Core Select Bond Fund (BNDC) is an exchange-traded fund (ETF) that provides investors with exposure to a diversified portfolio of investment-grade bonds. The fund seeks to track the performance of the Bloomberg Barclays U.S. Aggregate Bond Index, which is a widely recognized benchmark for the U.S. bond market. BNDC invests in a variety of fixed-income securities, including government, corporate, and mortgage-backed bonds.

One of the key features of BNDC is its focus on quality. The fund primarily invests in bonds that are rated investment-grade by recognized rating agencies. This helps to reduce credit risk and provide a relatively stable source of income for investors. Additionally, BNDC employs a laddered approach to bond investing, which spreads out the maturity dates of its holdings. This approach helps to manage interest rate risk and maintain a consistent level of income over time.