SPDR Portfolio Mortgage Backed Bond ETF (SPMB)
| Assets | $4.36B |
| Expense Ratio | 0.04% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $0.70 |
| Dividend Yield | 3.28% |
| Ex-Dividend Date | Dec 1, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -2.68% |
| Volume | 1,364,892 |
| Open | 21.24 |
| Previous Close | 21.23 |
| Day's Range | 21.22 - 21.47 |
| 52-Week Low | 20.00 |
| 52-Week High | 22.67 |
| Beta | n/a |
| Holdings | 2322 |
| Inception Date | Jan 15, 2009 |
About SPMB
Fund Home PageThe SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is issued by State Street.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 1, 2023 | $0.06102 | Dec 7, 2023 |
| Nov 1, 2023 | $0.06076 | Nov 7, 2023 |
| Oct 2, 2023 | $0.06046 | Oct 6, 2023 |
| Sep 1, 2023 | $0.05977 | Sep 8, 2023 |
| Aug 1, 2023 | $0.05906 | Aug 7, 2023 |
| Jul 3, 2023 | $0.05871 | Jul 10, 2023 |
News
Mortgage-Backed Securities Offer Value, Strong Credit Quality
Experienced bond investors know that capturing the combination of good value and strong credit quality under one umbrella isn't an easy task. That is to say, high credit quality and lower default risk...
How to Future-Proof Your Fixed Income Allocation
Fixed income investors had an easy time over the past three decades, but with the current environment of higher inflation and an increasing rate outlook, the traditional bond portfolio will have to ad...
Long Term but Tactical Aware: A Better Approach to Your 60/40 Allocation
With interest rates low, many investors are shifting their allocations every more towards equities at all-time highs. But are you really considering the long-term impacts of this approach?
Two SPDR Fixed Income ETFs Are Getting Cheaper. Much Cheaper
It's getting cheaper to invest in fixed income exchange traded funds thanks to State Street Global Advisors (SSGA). The ETF giant said Wednesday that it is lowering the expense ratios on the SPDR Port...
Move on up to Mortgage-Backed Securities With This ETF
Fixed income investors looking for some added yield without excessive risk should evaluate mortgage-backed securities (MBS) and the related ETFs, including the SPDR Portfolio Mortgage Backed Bond ETF ...
Low-Cost ETFs to Manage Risk, Gain Broad Market Exposure
As we consider the market trends, investors should anticipate what to look out for in 2020 and look for ways to construct a diversified portfolio with low-cost exchange traded fund strategies to gain ...
Use This MBS ETF For Some Added Yield
Investors looking for some added yield with lower risk may want to consider mortgage-backed securities (MBS), an asset class made accessible via several ETFs, including the SPDR Portfolio Mortgage Bac...
Coronavirus Fears Spark Major Drop in Mortgage Rates
As more reported cases of the coronavirus flood the news, investors are seeking the safe haven of bonds, which sparked a drop in yields—thus, causing mortgage rates to fall. If more investors keep pil...
3 ETFs to Consider as the Fed is on a Mortgage Bond Buying Spree
The Fed has been on a mortgage bond buying spree since May with a goal of $30 billion in purchases in mind, according to a MarketWatch report.