Morningstar

Regan Fixed Rate MBS ETF MBSX

Medalist Rating as of Sep 30, 2026 See Regan Capital Investment Hub

Strategy

The investment seeks current income. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in fixed rate mortgage-backed securities (“MBS”). Regan Capital, LLC (the “Advisor”), the fund’s investment advisor, intends to invest primarily in fixed rate agency residential MBS. Agency residential MBS are securities issued, secured, or collateralized by government sponsored entities and are considered investment grade.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MBSX	Regan Fixed Rate MBS ETF	ETF	Open	—		Apr 30, 2025	$18.46M	0.400%	—	—	$4.18M

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