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 11/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MBSD 0.00% -0.55% -0.98% -0.75% 3.78% 2.25% --
MBSD (NAV) -0.31% -1.05% -1.19% -1.09% 3.71% 2.18% --
ICE BofAML Constrained Duration US Mortgage Backed Securities -0.32% -0.82% -0.22% 0.01% 4.22% 2.72% 2.53%
Bloomberg U.S. MBS Index -0.33% -1.17% -1.47% -1.29% 3.62% 2.45% 2.33%
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%
$114.05M
$406.19K
0.37%

MBSD Portfolio Data

3.22
--
1.37%
N/A
394

MBSD Index Data

ICE BofAML Constrained Duration US Mortgage Backed Securities
Proprietary
Market Value
Bloomberg U.S. MBS Index

MBSD Portfolio Management

0.20%
-0.55%
0.39%
-1.22%

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 11/24/21
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

22,556
$406.19K
6,260
$140.66K
0.37%
$0.09
0.07%
0.56% / -0.39%
None
100.00%
50,000
0.13
0.03%
--
0
$23.24
N/A

MBSD Sector/Industry Breakdown


MBSD
Segment Benchmark
100.00%
--

MBSD Top 10 Holdings[View All]

3.76%
3.71%
3.68%
3.57%
2.54%
1.81%
1.79%
1.70%
1.50%
1.38%
25.42%

MBSD Top 5 Countries


MBSD
Segment Benchmark
100.00%
--

MBSD Top 5 Currencies


MBSD
Segment Benchmark
100.00%
--

MBSD Performance Statistics

0.69
0.63
--
--
--

MBSD Holdings Statistics

4.47 years
3.22
1.37%
4.39
High
394
0.25%

MBSD Avg Life Maturity Distribution

--
--
1.68%
78.63%
15.55%
4.14%
--
--
--

MBSD OAS Breakdown

99.44%
0.56%
--
--
--
--
--
--
--
--
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