FlexShares Disciplined Duration MBS ETF (MBSD)

24.16 -0.05  -0.21% NASDAQ Jun 1, 20:00 Delayed 2m USD
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Key Stats

Net Asset Value 24.18
Discount or Premium to NAV -0.05%
Turnover Ratio 61.00%
1 Year Fund Level Flows 29.72M

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 0.57% 0.55% 0.20% 9
3M 1.98% 2.20% 2.01% 48
6M 4.18% 4.50% 4.81% 52
YTD 4.25% 4.26% 4.98% 54
1Y 7.03% 7.11% 7.93% 51
3Y 3.23% 3.32% 3.75% 72
5Y 2.36% 2.45% 2.65% 76
10Y -- -- 2.77% --
15Y -- -- 3.50% --
20Y -- -- 4.35% --
As of June 1, 2020. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 13.40% 13.40% 0.00%
Stock 0.00% 0.00% 0.00%
Bond 86.60% 86.60% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of May 28, 2020

Region Exposure

Americas 100.0%
North America 100.0%
Latin America 0.00%
Greater Europe 0.00%
United Kingdom 0.00%
Europe Developed 0.00%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of May 28, 2020. Region breakdown data is calculated by using the long position holdings of the portfolio.

MBSD Bond Exposure

Government 0.00%
Corporate 0.00%
Securitized 86.60%
Municipal 0.00%
Cash 13.40%
Derivative 0.00%
As of May 28, 2020

MBSD Bond Credit Quality Exposure

AAA 0.00%
AA 100.0%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Not Rated 0.00%
As of March 31, 2020

MBSD Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.00%
183 to 364 Days 0.00%
1 to 3 Years 0.16%
3 to 5 Years 0.73%
5 to 7 Years 7.92%
7 to 10 Years 8.70%
10 to 15 Years 8.51%
15 to 20 Years 16.03%
20 to 30 Years 49.79%
Over 30 Years 8.18%
As of May 28, 2020
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- Federal National Mortgage Association 3% 2.94% -- --
-- Federal National Mortgage Association 2.5% 2.86% -- --
-- Federal National Mortgage Association 5% 1.33% -- --
-- Federal National Mortgage Association 3.5% 1.29% -- --
-- Federal Home Loan Mortgage Corporation 2.5% 1.01% -- --
-- Federal National Mortgage Association 4% 0.72% -- --
-- Federal National Mortgage Association 5.5% 0.66% -- --
-- Federal National Mortgage Association 5.5% 0.64% -- --
-- Federal National Mortgage Association 6% 0.59% -- --
-- Federal National Mortgage Association 6% 0.58% -- --
As of May 28, 2020
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Basic Info

Investment Strategy
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.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style High Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Intermediate Government
Prospectus Objective Income
Fund Owner Firm Name Flexshares Trust
Benchmark Index
ICE BofA Constd Duration US MBS TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Bradley Camden 5.66 yrs
James O’Shaughnessy 3.93 yrs

Net Fund Flows

1M 9.641M
3M 12.01M
6M 24.97M
YTD 19.10M
1Y 29.72M
3Y 31.84M
5Y 50.54M
10Y --
As of May 31, 2020

Risk Info

Beta (5Y) 0.5228
Max Drawdown (All) 3.44%
Historical Sharpe Ratio (10Y) --
Historical Sortino (All) 0.8214
30-Day Rolling Volatility 2.73%
Daily Value at Risk (VaR) 1% (All) 0.52%
Monthly Value at Risk (VaR) 1% (All) 1.55%

Fundamentals

Dividend Yield TTM (6-1-20) 3.00%
30-Day SEC Yield --
7-Day SEC Yield --
Current Yield 3.70%
Yield to Maturity 0.02%
Effective Duration 2.90
Average Coupon 3.99%
Average Credit Score 4.00 (AA)
Average Price 109.72
Number of Holdings 586
As of May 28, 2020

Comparables

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Attributes

Key Dates
Inception Date 9/3/2014
Termination Date
Last Annual Report Date 10/31/2019
Last Prospectus Date 3/12/2020
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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