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 09/15/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MBSD 0.14% 0.33% -0.29% 0.22% 3.99% 2.14% --
MBSD (NAV) 0.12% 0.48% -0.03% 0.39% 4.05% 2.12% --
ICE BofAML Constrained Duration US Mortgage Backed Securities 0.11% 0.71% 0.68% 1.25% 4.51% 2.60% 2.64%
Bloomberg Barclays U.S. MBS Index 0.15% 0.59% -0.20% 0.08% 3.98% 2.30% 2.44%
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%
$109.78M
$317.55K
0.23%

MBSD Portfolio Data

3.60
--
1.42%
N/A
387

MBSD Index Data

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

MBSD Portfolio Management

0.20%
-0.14%
0.47%
-1.10%

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 09/16/21
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

13,458
$317.55K
6,102
$144.59K
0.23%
$0.05
0.07%
0.56% / -0.39%
None
100.00%
50,000
0.12
0.03%
--
0
$23.60
N/A

MBSD Sector/Industry Breakdown


MBSD
Segment Benchmark
100.00%
--

MBSD Top 10 Holdings[View All]

4.67%
4.18%
4.14%
3.88%
2.82%
1.91%
1.89%
1.87%
1.63%
1.53%
28.52%

MBSD Top 5 Countries


MBSD
Segment Benchmark
100.00%
--

MBSD Top 5 Currencies


MBSD
Segment Benchmark
100.00%
--

MBSD Performance Statistics

0.62
0.61
--
--
--

MBSD Holdings Statistics

4.76 years
3.60
1.42%
4.64
High
387
0.22%

MBSD Avg Life Maturity Distribution

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

MBSD OAS Breakdown

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