MBSD

FlexShares Disciplined Duration MBS Index Fund
*Unless otherwise stated, data provided by FactSet.

MBSD Fund Description

MBSD tracks an index of agency-backed mortgage-backed securities that aims for 3.25-4.25 years of effective duration. The index uses a proprietary weighting scheme.

MBSD Factset Analytics Insight

MBSD charges 20 bps to track a proprietarily weighted index of MBSs to achieve and maintain an effective duration of 3.25-4.25 years. Unlike other conventional market-value-weighted broad MBS indexes with slow-moving durations, the fund provides predictability in interest-rate risk exposure. With explicit and implicit government guarantee, agency-backed MBSs carry negligible credit risk but higher yields due to prepayment risk. In combination, MBSD offers investors a unique exposure to generate higher income than Treasurys and with predictable interest-rate risk. Trade the fund with care during its early days. Check back in 6 months for a first look at its tracking performance.

MBSD Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 02/20/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MBSD 0.80% 1.21% 1.19% 5.97% 2.69% 1.95% --
MBSD (NAV) 0.78% 1.35% 1.05% 6.00% 2.70% 2.09% --
Bloomberg Barclays U.S. MBS Index 0.62% 1.25% 0.94% 6.45% 3.50% 2.72% 3.15%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MBSD Summary Data

FlexShares
09/04/14
Open-Ended Fund
0.20%
$55.56M
$265.48K
0.28%

MBSD Portfolio Data

3.56
--
2.40%
02/03/20
506

MBSD Index Data

BofA Merrill Lynch Constrained Duration US Mortgage Backed Securities
Proprietary
Market Value
Bloomberg Barclays U.S. MBS Index

MBSD Portfolio Management

0.20%
-0.57%
-0.37%
-0.95%

MBSD Tax Exposures

20.00% / 39.60%
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Ordinary income
No

MBSD Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

MBSD Factset Analytics Block Liquidity

As of 02/21/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MBSD. MBSD is rated a N/A out of 5.

MBSD Tradability

11,242
$265.48K
8,416
$198.41K
0.28%
$0.07
0.10%
0.48% / -0.28%
None
100.00%
50,000
0.17
0.03%
--
0
$23.66
N/A

MBSD Sector/Industry Breakdown


MBSD
Segment Benchmark
100.00%
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MBSD Top 10 Holdings[View All]

1.57%
1.44%
1.05%
1.03%
0.96%
0.94%
0.88%
0.87%
0.85%
0.78%
10.37%

MBSD Top 5 Countries


MBSD
Segment Benchmark
100.00%
--

MBSD Top 5 Currencies


MBSD
Segment Benchmark
100.00%
--

MBSD Performance Statistics

0.91
0.79
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MBSD Holdings Statistics

5.07 years
3.56
2.40%
4.21
High
506
0.46%

MBSD Avg Life Maturity Distribution

0.03%
1.55%
14.21%
37.29%
34.99%
11.93%
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MBSD OAS Breakdown

98.20%
1.80%
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