SPMBState Street SPDR Portfolio Mortgage Backed Bond ETF

Get income17y track recordRanked #45 of 1,628 in this goal

Seeks to provide investment results that correspond to the price and yield performance of an index that tracks the U.S. agency mortgage pass-through sector.

By State Street Investment Management · Launched 2009

Annual Cost

0.04%

#240 of 5,573 · low cost

Fund Size

$7.0B

#361 of 5,573 · large

Dividend YieldGoal

4.05%

Track Record

17 years

#651 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,540+5.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg US MBS Index

What it actually holds

By weight

Concentration

Top 10 holdings = 16.1% of fund✓ well diversified

State Street Global Advisors

9.5%

UMBS, TBA

1.0%

Freddie Mac

0.9%

Government National Mortgage Association

0.7%

Government National Mortgage Association

0.7%

Government National Mortgage Association

0.7%

Freddie Mac

0.7%

UMBS, TBA

0.7%

UMBS, TBA

0.7%

Fannie Mae

0.6%

Asset allocation

Bonds

92.5%

Cash

7.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.2%Low

Year-on-year price swings

Max drawdown

-18.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.13Below average

Sortino (3Y)

0.19Moderate downside risk

Bond profile

Duration

3.7 years

Avg maturity

9.2 years

Credit ratings

AAA

0.1%

99.9%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond to the price and yield performance of an index that tracks the U.S. agency mortgage pass-through sector.
Strategy: In seeking to track the Bloomberg U.S. MBS Index, the Fund employs a sampling strategy, investing at least 80% of its assets in securities comprising the Index. The Index measures the performance of the U.S. agency mortgage pass-through segment of the U.S. investment grade bond market, including securities backed by pools of mortgages issued by GNMA, FNMA, and FHLMC. The Index is market capitalization weighted and updated monthly.
Inception date: January 15, 2009
Fund family: State Street Investment Management