The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg US MBS Float Adjusted Total Return Index. The index is composed of investment-grade ...

The investment seeks to track the performance of a market-weighted mortgage-backed securities index. The fund employs an indexing investment approach designed to track the performance of the Bloomberg ...

Mortgage-Backed Securities (MBS) have become the most attractive they've been relative to corporate bonds since the Global Financial Crisis. Widening spreads, Fed rate cuts, and increased demand from ...

MBS saw positive returns in the third quarter. The fund outperformed its benchmark, the Bloomberg U.S. MBS Index. MBS outperformed the broader bond market, benefiting from their relatively high yields ...