Northern Trust Core Bond ETF (BNDC)

FlexShares Core Select Bond Fund (BNDC) is an exchange-traded fund (ETF) that invests in a diversified portfolio of fixed-income securities. The fund is designed to provide broad exposure to the U.S. investment-grade bond market while attempting to minimize volatility and maximize total returns.

BNDC is managed by FlexShares, a subsidiary of Northern Trust Asset Management. The fund's objective is to track the performance of the Northern Trust Core Bond Index, which is composed of U.S. investment-grade bonds with maturities greater than one year.

The portfolio of BNDC consists of a mix of U.S. government, corporate, and mortgage-backed securities, with a focus on bonds with maturities between five and 10 years. The fund aims to provide investors with a higher yield than comparable short-term bond funds, while still maintaining a relatively low level of risk.

BNDC has an exxpense ratio of 0.25%, which is relatively low compared to other bond ETFs.

Investors who are looking for exposure to the U.S. investment-grade bond market may consider adding BNDC to their portfolio. Additionally, the performance of the fund may be affected by changes in the creditworthiness of the issuers of the underlying bonds.