Schwab Mortgage-Backed Securities ETF logo

Schwab Mortgage-Backed Securities ETF (SMBS)

Market Closed
16 Oct, 08:00 PM
ARCA ARCA
$
24. 29
-0.03
-0.1234%
$
- Market Cap
- Div Yield
1.42M Volume
$ 24.32
Previous Close
Add Transaction
Day Range
24.23 24.39
Year Range
23.8 26.12
Want to track SMBS and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
SMBS: 11 Points Of Pull-To-Par, A Positive OAS At Equal Credit Risk

SMBS: 11 Points Of Pull-To-Par, A Positive OAS At Equal Credit Risk

Schwab Mortgage-Backed Securities ETF, the VanEck Mortgage-Backed Securities ETF, offers a 5.23% yield at a minimal 0.03% TER, with a discounted portfolio and low credit risk. Despite an 11-point pull-to-par potential, current mortgage rates limit near-term price appreciation and prepayment-driven gains. Agency MBS in SMBS provide a positive illiquidity premium over Treasuries and should outperform corporate credit in slowdowns or shocks.

Seekingalpha | 1 week ago