MBSDFlexShares Disciplined Duration MBS Index Fund

Get income11y track recordRanked #647 of 1,622 in this goal

Seeks investment results that correspond generally to the price and yield performance of The ICE BofA Constrained Duration US Mortgage Backed Securities Index SM.

By Flexshares Trust · Launched 2014

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$94M

#3,012 of 5,562 · mid-size

Dividend YieldGoal

4.21%

Track Record

11 years

#1,218 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,421+4.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE BofA Constrained Duration US Mortgage Backed Securities Index SM

What it actually holds

By weight

Concentration

Top 10 holdings = 12.9% of fund✓ well diversified

FHLMC Pool

1.8%

FNMA

1.4%

FNMA

1.4%

GNMA

1.4%

FNMA

1.3%

FNMA

1.2%

FNMA

1.2%

FHLMC Pool

1.1%

FNMA

1.1%

FNMA

1.0%

Asset allocation

Bonds

85.5%

Cash

14.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.5%Low

Year-on-year price swings

Max drawdown

-14.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.17Below average

Sortino (3Y)

0.25Moderate downside risk

Bond profile

Duration

4.1 years

Avg maturity

9.6 years

Credit ratings

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks investment results that correspond generally to the price and yield performance of The ICE BofA Constrained Duration US Mortgage Backed Securities Index SM.
Strategy: Invests primarily in investment-grade US agency residential mortgage-backed securities, using a representative sampling strategy to track the Underlying Index's performance.
Inception date: September 3, 2014
Fund family: Flexshares Trust