# Northern Trust Core Bond ETF (BNDC): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bndc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: FlexShares · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2016-11-18 The FlexShares Core Select Bond Fund (BNDC) is designed for individuals who desire an expertly managed allocation to fixed-income assets. This fund constructs its portfolio using exchange-traded funds that track bond indices without active management. Its primary goals are to generate comprehensive investment gains and safeguard the value of the invested capital. ## Key Facts | Metric | Value | |---|---| | Price | $21.42 | | Expense Ratio | 0.49% | | Assets Under Management | $182.5M | | NAV | $21.41 | | Holdings Count | 16 | | Distribution Yield (TTM) | 4.28% | | Annual Distribution (TTM) | $0.92 /share | | Distribution Frequency | Monthly | | 52-Week Range | $20.95 – $22.73 | | Beta | 1.02 | ## Latest Distribution - Amount: $0.0731 /share - Ex-date: 2026-10-07 - Pay date: 2026-10-14 ## Frequently Asked Questions ### What does BNDC invest in? The FlexShares Core Select Bond Fund (BNDC) is designed for individuals who desire an expertly managed allocation to fixed-income assets. This fund constructs its portfolio using exchange-traded funds that track bond indices without active management. Its primary goals are to generate comprehensive investment gains and safeguard the value of the invested capital. ### What is the expense ratio of BNDC? Northern Trust Core Bond ETF (BNDC) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BNDC's dividend yield? BNDC's trailing-twelve-month yield is 4.28%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BNDC? Effective duration measures BNDC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BNDC's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BNDC? BNDC's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BNDC? Yield to maturity (YTM) is the total return you'd earn from BNDC if every bond in the portfolio is held to maturity at the current price. BNDC's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BNDC pay a dividend? Yes, Northern Trust Core Bond ETF (BNDC) distributes dividends to shareholders. The trailing-twelve-month yield is 4.28%. Full dividend history is on this page. ### How often does BNDC pay dividends? Northern Trust Core Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BNDC's next ex-dividend date? The most recently announced ex-dividend date for BNDC was 2026-10-07. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BNDC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BNDC charge its expense ratio? The expense ratio is deducted in tiny daily slices from BNDC's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BNDC cost more than a fund like VOO? BNDC is actively managed (current expense ratio 0.49%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BNDC's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BNDC? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BNDC (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bndc - Distribution history: https://www.dividenddata.com/funds/bndc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bndc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bndc/expenses - Peer comparison: https://www.dividenddata.com/funds/bndc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.