Skip to main content

FlexShares Disciplined Duration MBS Index Fund (MBSD)

NYSEARCA: MBSD · IEX Real-Time Price · USD
23.46 0.01 (0.04%)
Oct 15, 2021 4:00 PM EDT - Market closed
Assets$110.17M
NAV$23.44
Expense Ratio0.20%
PE Ration/a
Shares Out4.70M
Dividend (ttm)$0.61
Dividend Yield2.59%
Ex-Dividend DateOct 1, 2021
1-Year Return
-
Volume26,809
Open23.46
Previous Close23.45
Day's Range23.41 - 23.70
52-Week Low22.92
52-Week High24.80
Beta0.01
Holdings400
Inception DateSep 4, 2014

About MBSD

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Merrill Lynch® Constrained Duration US Mortgage Backed Securities IndexSM. The underlying index reflects the performance of a selection of investment-grade U.S. agency residential mortgage backed pass-through securities. The fund generally will invest under normal circumstances at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of the underlying index and in TBA Transactions that represent securities in the underlying index.

Asset ClassFixed Income
SectorBonds
RegionNorth America
IssuerFlexShares
Stock ExchangeNYSEARCA
Ticker SymbolMBSD
Index TrackedThe BofA Merrill Lynch Constrained Duration US Mortgage Backed Securities Index

Top 10 Holdings

40.02% of assets
NameSymbolWeight
CashN/A18.54%
Federal National Mortgage Association 2.5%FNCL 2.5 11.113.73%
Federal National Mortgage Association 2%FNCL 2 11.133.32%
Federal National Mortgage Association 1.5%FNCL 1.5 11.133.29%
Government National Mortgage Association 2.5%G2SF 2.5 11.123.11%
Government National Mortgage Association 4%N/A2.23%
Government National Mortgage Association 2%G2SF 2 11.131.53%
Federal National Mortgage Association 2%FNCI 2 11.121.51%
Federal National Mortgage Association 6%N/A1.47%
Federal Home Loan Mortgage Corporation 3%N/A1.29%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Oct 1, 2021$0.041Oct 7, 2021
Sep 1, 2021$0.0388Sep 8, 2021
Aug 2, 2021$0.03965Aug 6, 2021
Jul 1, 2021$0.03729Jul 8, 2021
Jun 1, 2021$0.04053Jun 7, 2021
May 3, 2021$0.0493May 7, 2021
Full Dividend History

News

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 F...

1 month ago - ETF Trends

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 Discipli...

2 months ago - ETF Trends

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 correspo...

3 months ago - ETF Trends

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 investors...

3 months ago - ETF Trends

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 r...

Other symbols:HAUZ
1 year ago - ETF Trends

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.

2 years ago - ETF Trends