RAVI Holdings and Portfolio Weights Page 2 - FlexShares Ultra-Short Income Fund

RAVI ETF holdings Page 2

Weights reproduce the dated portfolio and may not sum to exactly 100% because of cash, derivatives, rounding, liabilities, or other positions. Provenance stays internal.

Snapshot field	Reported value
Fund	FlexShares Ultra-Short Income Fund
Report date	2026-04-30
Reported holdings	248
SEC series ID	S000035596

Positions 101–200 of 248

Ticker	Issuer	Weight	Value (USD)	Balance
Hyundai Capital America	Hyundai Capital America	0.357368%	5,018,655.45	5,000,000 PA
Evergreen Credit Card Trust	Evergreen Credit Card Trust	0.357334%	5,018,179.5	5,000,000 PA
Toronto-Dominion Bank (The)	Toronto-Dominion Bank (The)	0.357125%	5,015,240.65	5,000,000 PA
Alphabet, Inc.	Alphabet, Inc.	0.357079%	5,014,600	5,000,000 PA
Royal Bank of Canada	Royal Bank of Canada	0.356822%	5,010,984.9	5,000,000 PA
American Honda Finance Corp.	American Honda Finance Corp.	0.356467%	5,006,000	5,000,000 PA
Royal Bank of Canada	Royal Bank of Canada	0.356177%	5,001,931.55	5,000,000 PA
Novartis Capital Corp.	Novartis Capital Corp.	0.355515%	4,992,637.1	5,000,000 PA
Wells Fargo & Co.	Wells Fargo & Co.	0.354241%	4,974,743.05	5,000,000 PA
INTU	Intuit, Inc.	0.353637%	4,966,261.49	4,950,000 PA
Santander Drive Auto Receivables Trust	Santander Drive Auto Receivables Trust	0.353038%	4,957,846.61	4,920,000 PA
Truist Bank	Truist Bank	0.35295%	4,956,609.9	5,000,000 PA
Fifth Third Bank NA	Fifth Third Bank NA	0.348942%	4,900,324.97	4,900,000 PA
PYPL	PayPal Holdings, Inc.	0.33523%	4,707,768.44	4,700,000 PA
BXP Trust	BXP Trust	0.322583%	4,530,155.9	4,600,000 PA
HSBC USA, Inc.	HSBC USA, Inc.	0.322179%	4,524,476.27	4,500,000 PA
A	Agilent Technologies, Inc.	0.321207%	4,510,825.8	4,520,000 PA
Verizon Master Trust	Verizon Master Trust	0.321004%	4,507,983.9	4,500,000 PA
UBS AG	UBS AG	0.320113%	4,495,474.4	4,500,000 PA
Accenture Capital, Inc.	Accenture Capital, Inc.	0.319564%	4,487,763.33	4,500,000 PA
Morgan Stanley	Morgan Stanley	0.318458%	4,472,219.84	4,456,000 PA
Lseg US Fin Corp.	Lseg US Fin Corp.	0.317924%	4,464,721.89	4,500,000 PA
Constellation Energy Generation LLC	Constellation Energy Generation LLC	0.312976%	4,395,234.71	4,400,000 PA
PK ALIFT Loan Funding 7 LP	PK ALIFT Loan Funding 7 LP	0.302242%	4,244,502.27	4,291,069.38 PA
United States of America	United States of America	0.302208%	4,244,023.44	4,250,000 PA
BX Commercial Mortgage Trust	BX Commercial Mortgage Trust	0.301896%	4,239,641.49	4,235,670.5519 PA
LHX	L3Harris Technologies, Inc.	0.298447%	4,191,199.36	4,200,000 PA
Public Storage Operating Co.	Public Storage Operating Co.	0.298166%	4,187,252.3	4,180,000 PA
Research-Driven Pagaya Motor Asset Trust	Research-Driven Pagaya Motor Asset Trust	0.293147%	4,116,773.36	4,140,000 PA
Huntington National Bank (The)	Huntington National Bank (The)	0.292973%	4,114,327.29	4,100,000 PA
Daimler Truck Finance North America LLC	Daimler Truck Finance North America LLC	0.292292%	4,104,762.27	4,100,000 PA
Research-Driven Pagaya Motor Asset Trust	Research-Driven Pagaya Motor Asset Trust	0.289304%	4,062,810.95	4,100,000 PA
Provident Funding Mortgage Trust	Provident Funding Mortgage Trust	0.288632%	4,053,373.85	4,053,586.6657 PA
Bank of New Zealand	Bank of New Zealand	0.285595%	4,010,715.56	4,000,000 PA
Citibank NA	Citibank NA	0.285266%	4,006,098.72	4,000,000 PA
AXP	American Express Co.	0.285202%	4,005,200	4,000,000 PA
ZBH	Zimmer Biomet Holdings, Inc.	0.279257%	3,921,710.52	3,906,000 PA
Santander Mortgage Asset Receivable Trust	Santander Mortgage Asset Receivable Trust	0.274541%	3,855,489.58	3,884,443.44 PA
Hewlett Packard Enterprise Co.	Hewlett Packard Enterprise Co.	0.268839%	3,775,411.23	3,770,000 PA
Trillium Credit Card Trust II	Trillium Credit Card Trust II	0.263468%	3,699,976.32	3,700,000 PA
Trillium Credit Card Trust II	Trillium Credit Card Trust II	0.263147%	3,695,476.01	3,700,000 PA
FRESB 2022-SB94 Mortgage Trust	FRESB 2022-SB94 Mortgage Trust	0.261778%	3,676,247.93	3,730,507.0363 PA
Daimler Truck Finance North America LLC	Daimler Truck Finance North America LLC	0.254909%	3,579,783.37	3,570,000 PA
R	Ryder System, Inc.	0.254243%	3,570,430.68	3,600,000 PA
Citigroup, Inc.	Citigroup, Inc.	0.249317%	3,501,249.5	3,500,000 PA
Sumitomo Mitsui Trust Bank Ltd.	Sumitomo Mitsui Trust Bank Ltd.	0.249268%	3,500,570.99	3,500,000 PA
Medline Borrower LP	Medline Borrower LP	0.249059%	3,497,624.64	3,600,000 PA
EBAY	eBay, Inc.	0.249023%	3,497,125.35	3,500,000 PA
Verizon Master Trust	Verizon Master Trust	0.243231%	3,415,782.68	3,410,000 PA
Evergreen Credit Card Trust	Evergreen Credit Card Trust	0.24265%	3,407,627.22	3,400,000 PA
FANG	Diamondback Energy, Inc.	0.242097%	3,399,854.14	3,371,000 PA
US Bancorp	US Bancorp	0.238419%	3,348,205.77	3,377,000 PA
NTR	Nutrien Ltd.	0.235658%	3,309,429.32	3,300,000 PA
Bank of Montreal	Bank of Montreal	0.235231%	3,303,432.96	3,300,000 PA
Skandinaviska Enskilda Banken AB	Skandinaviska Enskilda Banken AB	0.234863%	3,298,266.84	3,300,000 PA
Santander Holdings USA, Inc.	Santander Holdings USA, Inc.	0.231709%	3,253,973.74	3,250,000 PA
Commonwealth Bank of Australia	Commonwealth Bank of Australia	0.229028%	3,216,333.76	3,200,000 PA
Avolon Holdings Funding Ltd.	Avolon Holdings Funding Ltd.	0.22868%	3,211,446.43	3,200,000 PA
Pagaya Ai Debt Grantor Trust	Pagaya Ai Debt Grantor Trust	0.226634%	3,182,705.7	3,199,705.09 PA
SBUX	Starbucks Corp.	0.226427%	3,179,796.89	3,170,000 PA
Santander UK Group Holdings plc	Santander UK Group Holdings plc	0.2261%	3,175,204.9	3,200,000 PA
RCL	Royal Caribbean Cruises Ltd.	0.222363%	3,122,725.26	3,000,000 PA
DTE Energy Co.	DTE Energy Co.	0.219464%	3,082,020.4	3,100,000 PA
Citibank NA	Citibank NA	0.214449%	3,011,589.27	3,000,000 PA
Skandinaviska Enskilda Banken AB	Skandinaviska Enskilda Banken AB	0.214449%	3,011,584.11	3,000,000 PA
UNH	UnitedHealth Group, Inc.	0.214317%	3,009,730.11	3,000,000 PA
Verizon Master Trust	Verizon Master Trust	0.214105%	3,006,756.9	3,000,000 PA
Macquarie Group Ltd.	Macquarie Group Ltd.	0.214008%	3,005,392.53	3,000,000 PA
National Australia Bank Ltd.	National Australia Bank Ltd.	0.213919%	3,004,140	3,000,000 PA
HSBC Holdings plc	HSBC Holdings plc	0.213593%	2,999,561.55	3,000,000 PA
SYY	Sysco Corp.	0.21323%	2,994,472.98	3,000,000 PA
Orange SA	Orange SA	0.211786%	2,974,194.24	3,000,000 PA
Banque Federative du Credit Mutuel SA	Banque Federative du Credit Mutuel SA	0.21035%	2,954,021.68	2,940,000 PA
Banque Federative du Credit Mutuel SA	Banque Federative du Credit Mutuel SA	0.208254%	2,924,584.37	2,900,000 PA
AMT	American Tower Corp.	0.206478%	2,899,644.13	2,911,000 PA
OBX Trust	OBX Trust	0.205695%	2,888,653.52	2,866,518.837 PA
J.P. Morgan Mortgage Trust	J.P. Morgan Mortgage Trust	0.205273%	2,882,732.23	2,868,579.8 PA
GPJA	Georgia Power Co.	0.205219%	2,881,971.11	2,900,000 PA
New Jersey Transportation Trust Fund Authority	New Jersey Transportation Trust Fund Authority	0.20486%	2,876,925.1	2,875,000 PA
BINOM Mortgage Loan Trust	BINOM Mortgage Loan Trust	0.202574%	2,844,822.79	2,862,000 PA
Swedbank AB	Swedbank AB	0.2015%	2,829,738.52	2,800,000 PA
Element Fleet Management Corp.	Element Fleet Management Corp.	0.201071%	2,823,711.66	2,820,000 PA
Dell International LLC	Dell International LLC	0.196983%	2,766,314.16	2,750,000 PA
Santander Mortgage Asset Receivable Trust	Santander Mortgage Asset Receivable Trust	0.191106%	2,683,775.37	2,686,908.04 PA
CarMax Auto Owner Trust	CarMax Auto Owner Trust	0.187766%	2,636,872.94	2,600,000 PA
Saudi Arabian Oil Co.	Saudi Arabian Oil Co.	0.187355%	2,631,097.03	2,670,000 PA
State Street Bank & Trust Co.	State Street Bank & Trust Co.	0.186105%	2,613,549.6	2,610,000 PA
LPL Holdings, Inc.	LPL Holdings, Inc.	0.178496%	2,506,687.33	2,500,000 PA
KDP	Keurig Dr Pepper, Inc.	0.17822%	2,502,807.73	2,500,000 PA
JPMorgan Chase & Co.	JPMorgan Chase & Co.	0.178207%	2,502,625	2,500,000 PA
CNH Industrial Capital LLC	CNH Industrial Capital LLC	0.178153%	2,501,866.95	2,500,000 PA
Citadel Finance LLC	Citadel Finance LLC	0.175245%	2,461,031.1	2,500,000 PA
BX Commercial Mortgage Trust	BX Commercial Mortgage Trust	0.1669%	2,343,837.68	2,354,897.22 PA
Trillium Credit Card Trust II	Trillium Credit Card Trust II	0.163466%	2,295,621.49	2,300,000 PA
Boston Properties LP	Boston Properties LP	0.162703%	2,284,894.34	2,300,000 PA
HCA, Inc.	HCA, Inc.	0.162195%	2,277,767.95	2,276,000 PA
Carvana Auto Receivables Trust	Carvana Auto Receivables Trust	0.159171%	2,235,295.35	2,232,953.87 PA
Santander Drive Auto Receivables Trust	Santander Drive Auto Receivables Trust	0.156675%	2,200,241.14	2,198,922.67 PA
General Motors Financial Co., Inc.	General Motors Financial Co., Inc.	0.155128%	2,178,527.83	2,169,000 PA
Toyota Auto Receivables Owner Trust	Toyota Auto Receivables Owner Trust	0.150773%	2,117,359.96	2,108,313.19 PA