FlexShares Disciplined Duration MBS Index Fund (MBSD)

NYSEARCA: MBSD · IEX Real-Time Price · USD
21.09
-0.02 (-0.07%)
Jun 24, 2022 4:00 PM EDT - Market closed
-0.07%
Assets $106.54M
NAV $21.10
Expense Ratio 0.20%
PE Ratio n/a
Shares Out 5.05M
Dividend (ttm) $0.52
Dividend Yield 2.49%
Ex-Dividend Date Jun 1, 2022
1-Year Return -10.48%
Volume 2,965
Open 21.11
Previous Close 21.11
Day's Range 21.08 - 21.11
52-Week Low 20.77
52-Week High 24.93
Beta 0.02
Holdings 516
Inception Date Sep 4, 2014

About MBSD

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 Class Fixed Income
Sector Bonds
Region North America
Issuer FlexShares
Stock Exchange NYSEARCA
Ticker Symbol MBSD
Index Tracked The BofA Merrill Lynch Constrained Duration US Mortgage Backed Securities Index

Top 10 Holdings

17.55% of assets
Name Symbol Weight
GNMA I MORTPASS 4.5% 15/MAY/2039 SF PN# 667387 GN 667387 2.23%
CASH n/a 2.17%
GNMA I MORTPASS 3.5% 15/JUN/2046 SP PN# 785274 GN 785274 2.17%
GNMA I MORTPASS 4% 15/AUG/2045 SP PN# 784371 GN 784371 1.94%
UMBS MORTPASS 3.5% 01/DEC/2029 CI PN# FS1845 FN FS1845 1.83%
UMBS MORTPASS 3% 01/APR/2033 CI PN# SB0199 FR SB0199 1.82%
GNMA I MORTPASS 5% 15/NOV/2039 SF PN# 710994 GN 710994 1.51%
UMBS MORTPASS 3% 01/SEP/2030 CI PN# BM3057 FN BM3057 1.49%
UMBS MORTPASS 2.5% 01/JUL/2049 CL PN# FM6475 FN FM6475 1.23%
UMBS MORTPASS 1.5% 01/FEB/2037 CI PN# MA4535 FN MA4535 1.15%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 1, 2022 $0.050013 Jun 7, 2022
May 2, 2022 $0.050296 May 6, 2022
Apr 1, 2022 $0.051571 Apr 7, 2022
Mar 1, 2022 $0.047194 Mar 7, 2022
Feb 1, 2022 $0.0462 Feb 7, 2022
Dec 17, 2021 $0.039269 Dec 23, 2021
Full Dividend History

News

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 sec...

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...

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...

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...

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...

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

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.