Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) Tops $1 Billion in Assets

The Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) has surpassed $1 billion in assets under management. The passively managed fund tracks the Northern Trust US Corporate Bond Quality Value Index, which targets intermediate-maturity, U.S. dollar-denominated investment-grade corporate bonds. Its strategy combines credit quality and valuation metrics, favoring bonds issued by companies with attractive valuations and strong short- and long-term solvency characteristics. SKOR uses a representative sampling approach rather than holding every security in its benchmark, providing investors with rules-based exposure to investment-grade corporate debt through a quality and value-focused selection process.