ETF profile for Schwab Mortgage-Backed Securities ETF (SMBS) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SMBS ETF Profile
| Family: |
Schwab |
| Name: |
Schwab Mortgage-Backed Securities ETF |
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| Inception Date: |
19-Nov-2024 |
| Termination Date: |
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| Investment Objective: |
The fund's goal is to track as closely as possible, before fees and expenses, the total return of an index composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies. the fund generally invests in securities that are included in the Bloomberg US MBS Float Adjusted Total Return Index. The index tracks fixed-rate agency mortgage-backed pass-through securities guaranteed by the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac) that are backed by pools of mortgages. The index is constructed by grouping individual to-be-announced (TBA) deliverable mortgage-backed securities (MBS) pools into aggregates or generics based on program, coupon, and vintage. To be included in the index, pool aggregates must have at least $1 billion currently outstanding and a weighted average maturity of at least 1 year. The index is market capitalization weighted and the securities in the index are updated on the last business day of each month. |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
260,900,000 |
| Total Net Assets: |
6,397,267,968 |
| NAV: |
24.55 |
| Net Expense Ratio: |
0.03% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
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| Credit Quality: |
Investment Grade Only |
| Mortgage Bond Types: |
All MBS |
| Bond Type: |
Treasury & Government |
| Gov't Bond Types: |
Agency Mortgage |
| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
