MBSD

FlexShares Disciplined Duration MBS Index Fund
C

--
*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 (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 10/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MBSD 0.35% 1.59% 5.79% 7.41% 1.63% 1.97% --
MBSD (NAV) 0.14% 1.52% 5.31% 6.93% 1.65% 1.93% --
Bloomberg Barclays U.S. MBS Index 0.27% 1.40% 5.61% 8.32% 2.42% 2.66% 3.12%
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%
$34.11M
$97.73K
0.22%

MBSD Portfolio Data

3.41
--
2.57%
10/01/19
345

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%
-0.52%
-0.31%
-0.95%

MBSD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MBSD Fund Structure

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

MBSD Factset Analytics Block Liquidity

As of 10/14/19
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

3,877
$97.73K
2,208
$66.19K
0.22%
$0.05
0.09%
0.48% / -0.28%
None
100.00%
50,000
0.04
0.03%
--
0
$23.50
N/A

MBSD Sector/Industry Breakdown


MBSD
Segment Benchmark
100.00%
--

MBSD Top 10 Holdings[View All]

2.37%
1.19%
1.08%
1.08%
1.06%
0.95%
0.90%
0.87%
0.81%
0.80%
11.11%

MBSD Top 5 Countries


MBSD
Segment Benchmark
100.00%
--

MBSD Top 5 Currencies


MBSD
Segment Benchmark
100.00%
--

MBSD Performance Statistics

0.92
0.71
--
--
--

MBSD Holdings Statistics

4.57 years
3.41
2.57%
4.03
High
345
0.50%

MBSD Avg Life Maturity Distribution

0.20%
1.49%
13.94%
48.34%
29.76%
6.28%
--
--
--

MBSD OAS Breakdown

8.64%
--
--
--
--
--
--
--
--
--