FlexShares Disciplined Duration MBS Index Fund (MBSD)
| Assets | $96.72M |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 4.70M |
| Dividend (ttm) | $0.63 |
| Dividend Yield | 3.07% |
| Ex-Dividend Date | Mar 1, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -5.99% |
| Volume | 3,834 |
| Open | 20.57 |
| Previous Close | 20.57 |
| Day's Range | 20.56 - 20.60 |
| 52-Week Low | 19.72 |
| 52-Week High | 22.03 |
| Beta | 0.08 |
| Holdings | 453 |
| Inception Date | Sep 4, 2014 |
About MBSD
The FlexShares Disciplined Duration MBS Index Fund (MBSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund 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 was launched on Sep 4, 2014 and is managed by FlexShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 1, 2023 | $0.0545 | Mar 7, 2023 |
| Feb 1, 2023 | $0.05141 | Feb 7, 2023 |
| Dec 16, 2022 | $0.05364 | Dec 22, 2022 |
| Dec 1, 2022 | $0.06052 | Dec 7, 2022 |
| Nov 1, 2022 | $0.05219 | Nov 7, 2022 |
| Oct 3, 2022 | $0.0528 | Oct 7, 2022 |
News
Check Your Duration Risk as Inflation Reaches New Four-Decade High
Inflation in the U.S. reached 9.1% in June, the largest 12-month increase since the period ending November 1981, the U.S. Bureau of Labor Statistics reported today. The Consumer Price Index for All Ur...
Diversify Income and Get More Yield With Mortgage-Backed Securities
With inflation continuing to rise in concert with yields, the fixed income environment gets even more challenging. However, there are ways for investors to get yield, such as through mortgage-backed s...
Target Duration Exposure to Mortgage-Backed Securities With This ETF
Investing in mortgage-backed securities doesn't mean that investors have to stay locked in on one fund for years, thanks to targeted duration options like the FlexShares Disciplined Duration MBS Index...
As Fed Looks to Taper Mortgage Purchases, Get Targeted Duration With “MBSD”
It's difficult to price uncertainty into an exchange-traded fund (ETF) product, but with interest rates at the whim of the Federal Reserve, it helps to get targeted duration with the FlexShares Discip...
Considering Mortgage-Backed Securities? Look for Income, Duration Management
Fixed income investors looking for more yield can opt for mortgage-backed securities with ETFs like the FlexShares Disciplined Duration MBS Index Fund (MBSD). MBSD seeks investment results that corres...
Counter Inflationary Pressure with Mortgage-Backed Securities, ‘MBSD'
As inflationary pressure continues to push higher, fixed income investors can fight back with exchange traded funds (ETFs) like the FlexShares Disciplined Duration MBS Index Fund (MBSD). “Many investo...
Mortgage Rates Could Fall Further, According to Market Experts
One byproduct of Covid-19 that has current and prospective real estate owners interested is the low interest rates. With the central bank looking to keep rates near zero, it’s been a boon for mortgage...
Mulling Mortgage Backed Securities With This FlexShares ETF
Mortgage-backed securities (MBS) are coming back into the limelight amid the White House’s plan to privatize Fannie Mae and Freddie Mac. However, that effort could face a tough go of it in Congress.