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 tracks 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. Rebalancing is done on a monthly basis.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MBSD -0.36% -0.31% -0.61% 0.23% 3.96% 2.11% --
MBSD (NAV) 0.04% -0.08% -0.27% 0.54% 4.04% 2.24% --
Bloomberg Barclays U.S. MBS Index 0.08% 0.10% -0.58% -0.45% 4.06% 2.40% 2.64%
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%
$109.91M
$245.04K
0.30%

MBSD Portfolio Data

3.60
--
1.42%
N/A
435

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%
0.11%
0.53%
-0.63%

MBSD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MBSD Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

MBSD Factset Analytics Block Liquidity

As of 06/11/21
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

10,324
$245.04K
6,223
$147.82K
0.30%
$0.07
0.10%
0.68% / -0.25%
None
100.00%
50,000
0.12
0.03%
--
0
$23.66
N/A

MBSD Sector/Industry Breakdown


MBSD
Segment Benchmark
100.00%
--

MBSD Top 10 Holdings[View All]

7.58%
3.89%
3.84%
3.79%
2.96%
1.97%
1.91%
1.86%
1.86%
1.85%
31.51%

MBSD Top 5 Countries


MBSD
Segment Benchmark
100.00%
--

MBSD Top 5 Currencies


MBSD
Segment Benchmark
100.00%
--

MBSD Performance Statistics

0.55
0.57
--
--
--

MBSD Holdings Statistics

4.73 years
3.60
1.42%
4.64
High
435
0.12%

MBSD Avg Life Maturity Distribution

--
--
0.78%
67.10%
28.10%
4.02%
--
--
--

MBSD OAS Breakdown

99.84%
0.16%
--
--
--
--
--
--
--
--
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