MBSF
Regan Floating Rate MBS ETF
📎 Investment Objective
The Regan Floating Rate MBS ETF seeks to provide exposure to floating-rate mortgage-backed securities (MBS) issued by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac.
Overview
ETF tracking Regan Floating Rate MBS ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Regan Floating Rate MBS ETF seeks to provide exposure to floating-rate mortgage-backed securities (MBS) issued by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of floating-rate MBS, aiming to generate current income while managing interest rate risk. The fund's holdings are actively managed to maintain a weighted average maturity consistent with the floating-rate nature of the underlying securities.
✨ Key Features
- Exposure to floating-rate mortgage-backed securities issued by GSEs
- Actively managed portfolio to maintain a short weighted average maturity
- Potential to generate current income with reduced interest rate sensitivity
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The value of the ETF's holdings may decline as interest rates rise
- Prepayment risk: Homeowners may refinance or prepay their mortgages, leading to reinvestment risk
- Credit risk: The underlying MBS may be subject to the creditworthiness of the GSE issuers
- Liquidity risk: The ETF may experience reduced liquidity in the MBS market
👤 Best For
The Regan Floating Rate MBS ETF may be suitable for investors seeking current income and reduced interest rate sensitivity within their fixed-income allocation. It may be particularly appropriate for investors with a medium-term investment horizon who are looking to diversify their portfolio and manage interest rate risk.