Northern Trust Credit-Scored US Corporate Bond ETF

Frequently Asked Questions About SKOR

What does SKOR invest in?

This fund is designed for investors seeking exposure to high-quality U.S. corporate bonds with mid-range maturities, emphasizing the creditworthiness and intrinsic value of the issuing companies. Its main objective is to broadly track the price movements and income generation of the Northern Trust US Corporate Bond Quality Value Index (its designated benchmark), before any operational costs or fees are applied.

What is the expense ratio of SKOR?

Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) charges an expense ratio of 0.16%. This is the annual fee deducted from fund assets to cover management and operations.

What is SKOR's dividend yield?

SKOR's trailing-twelve-month yield is 4.74%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SKOR?

Effective duration measures SKOR's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SKOR's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SKOR?

SKOR'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 SKOR?

Yield to maturity (YTM) is the total return you'd earn from SKOR if every bond in the portfolio is held to maturity at the current price. SKOR'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.