iShares U.S. MBS USD Distributing Mutual Fund

The iShares U.S. MBS USD Distributing Mutual Fund is a type of exchange-traded fund that primarily invests in U.S. mortgage-backed securities issued by government-sponsored enterprises such as Fannie Mae, Freddie Mac, and Ginnie Mae. Its main function is to offer investors broad exposure to the U.S. agency mortgage-backed securities market, focusing exclusively on investment-grade assets known for their credit quality and stability. The fund distributes income generated from its holdings, making it suitable for investors seeking regular income. This fund provides a diversified approach across various mortgage maturities, offering a balance of short and long-term exposure within the asset class. It plays a significant role in the fixed-income sector by allowing portfolio diversification away from traditional government or corporate bonds while maintaining exposure to instruments backed by U.S. government agencies. The fund is structured to appeal to investors who prioritize capital preservation, steady income, and lower credit risk, making it an important tool for managing interest rate and credit exposures within a diversified bond portfolio.