FlexShares Disciplined Duration MBS Index Fund (MBSD)
ARCA ARCA Primary Summary
MBSD Chart
FlexShares Disciplined Duration MBS Index Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 18,728 | $382,028.23 | $384,204.92 | $2,176.69 | 0.57% |
| TP Thomas Pappas Cottonwood Capital Advisors LLC | 378,279 | $7.77M | $7.76M | -$7,914.89 | -0.1% |
 Joe-Ben O'Banion TITLEIST ASSET MANAGEMENT, LLC | 208,874 | $4.31M | $4.28M | -$32,476.71 | -0.75% |
| FTM F. Thomas Mosley Mosley Wealth Management | 2,828 | $58,999 | $57,945.72 | -$1,053.28 | -1.79% |
FlexShares Disciplined Duration MBS Index Fund (MBSD) FAQ
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FlexShares Disciplined Duration MBS Index Fund Profile
| ARCA Exchange | US Country |
Overview
The described company primarily operates within the financial sector, focusing on investment-grade U.S. agency residential mortgage-backed securities (RMBS). It leverages a strategy that includes investing in pass-through securities reflected in its underlying index. These investments are characterized by their high credit quality, as denoted by their investment-grade status, which traditionally indicates lower risk of default compared to non-investment-grade securities. By committing at least 80% of its total assets to securities within its specific index and engaging in To-Be-Announced (TBA) Transactions that correlate with the index, the company aims to mirror the performance of its benchmark. This approach provides investors with exposure to the residential mortgage market, offering an avenue for potentially stable returns backed by U.S. agency securities, while also participating in the liquidity and efficiency benefits afforded by TBA transactions.
Products and Services
- Investment-Grade U.S. Agency Residential Mortgage-Backed Securities
This core product involves the company investing in high-quality U.S. agency RMBS. These securities are supported by the credit or full faith and credit of U.S. government agencies, offering a level of security to investors. The investment focus on agency securities aids in minimizing credit risk, positioning these assets as relatively safe investments within the broader mortgage-backed securities market. By selecting securities that pass through residential mortgage payments from borrowers to investors, the company targets steady income generation for its portfolio.
- TBA Transactions
The company also engages in TBA transactions, a forward market for mortgage-backed securities, representing a commitment to buy or sell a specified amount of agency MBS at a predetermined price and time. These transactions allow the company to efficiently manage its portfolio and liquidity by locking in prices for securities before their actual settlement. It provides flexibility in meeting the 80% investment threshold in the underlying index securities, thereby aligning the company's operations closely with its investment objectives. TBA transactions are a critical tool for managing interest rate risk and ensuring alignment with the index's performance.
