SPDR Portfolio Mortgage Backed Bond ETFSPDR Portfolio Mortgage Backed Bond ETFSPDR Portfolio Mortgage Backed Bond ETF

SPDR Portfolio Mortgage Backed Bond ETF

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Key stats


Assets under management (AUM)
‪5.56 B‬USD
Fund flows (1Y)
‪915.40 M‬USD
Dividend yield (indicated)
3.50%
Discount/Premium to NAV
1.0%

About SPDR Portfolio Mortgage Backed Bond ETF


Issuer
State Street Corp.
Brand
SPDR
Expense ratio
0.04%
Home page
Inception date
Jan 15, 2009
Index tracked
Bloomberg US Aggregate Securitized - MBS
Management style
Passive
SPMB delivers excellent coverage of US agency mortgage pass-through debt. The fund holds bonds backed by pools of mortgages held by Fannie Mae, Freddie Mac and Ginnie Mae. The underlying index is formed by grouping securities based on agency, program, coupon and origination year. Most mortgage pass-through securities occur through TBA transactions, as such the fund will hold such contracts on a regular basis. To be included in the index securities must meet minimum maturity and liquidity requirements. SPMB is heavily weighted toward the 10+ year market segment. The fund uses a sampling strategy, which means the fund may not purchase all of the securities in the underlying index. However, the fund portfolio is expected to generally provide a similar investment profile. In all, however, SPMB covers this niche market in a very viable package. Prior to September 23, 2019 the fund traded under the ticker MBG.

Classification


Asset Class
Fixed income
Category
Government, mortgage-backed
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
Bonds, Cash & Other100.00%
Securitized94.10%
Mutual fund5.37%
Agency0.44%
Miscellaneous0.06%
Cash0.04%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Neutral
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Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.