SPMB
State Street SPDR Portfolio Mortgage Backed Bond ETF
$21.36
+0.00
(+0.00%)
AUM
$6.84B
Expense Ratio
0.04%
NAV
$21.32
Holdings
2775
Asset Class
Fixed Income
Inception
01/15/2009
Provider
SPDR
Top Holdings
Fund Description
The State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) aims to mirror the price and yield performance of the Bloomberg U.S. MBS Index, prior to accounting for fees and expenses. This cost-effective exchange-traded fund provides exposure to investment-grade agency mortgage-backed securities within the U.S. bond market. It is part of the State Street SPDR Portfolio lineup, a series of low-cost funds designed as core components for broad diversification across key asset classes. The fund's portfolio undergoes rebalancing on the last business day of each month.