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ALL
AUM
$6.53B
P/E ratio
--
Dividend yield
3.2988%
Expense ratio
0.04%
Beta
0.287248
Previous close
$22.51
Today's open
$22.43
Day's range
$22.43 - $22.46
52 week range
$21.20 - $22.72
Bonds
Domestic
7.11%
The Big New Names in Mortgage-Backed Securities ETFs
Mortgage-backed securities (MBSs) ETFs have, somewhat quietly, welcomed some big new players in the past year. Just this week, Eaton Vance debuted the Eaton Vance Mortgage Opportunities ETF (EVMO).
ETF Trends • Aug 8, 2025

2024 Has Marked a Pivot of Economic Conditions that Investors Should Consider
2024 has marked a pivot of economic conditions that investors should consider. Over the past two years, we saw rampant inflation, rapid rate hikes, negative real rates, an earnings recession, tight corporate balance sheets as wages increased, and a recession that never manifested.
ETF Trends • Mar 13, 2024

SPMB: Purchase Agency MBS Bonds To Ride Out The Recession
The SPDR Portfolio Mortgage Backed Bond ETF aims to provide broad exposure to U.S. agency mortgage backed securities. SPMB's holdings are all rated AAA, indicating low default risk, however, yields may be lower due to limited credit risk and the current inverted yield curve. Despite recent challenges in the MBS market, SPMB is now attractive as the economy moves into a recession.
Seeking Alpha • Jul 11, 2023

SPMB: It Is Probably Time To Start Buying Agencies
The SPDR Portfolio Mortgage Backed Bond ETF is a fixed-income exchange-traded fund. The vehicle focuses on Agency mortgage-backed securities, and is entirely driven by rates given the AAA rating of the asset class.
Seeking Alpha • May 11, 2023

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 risks often sport elevated costs of admission.
ETF Trends • Feb 28, 2023

High Mortgage Rates And High Inflation
Mortgage rates have not been this high since before the housing crisis. And while the housing market is slowing, prices are still high.
Seeking Alpha • Nov 8, 2022

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 adapt to the challenges ahead. In the upcoming webcast, How to Future-Proof Your Fixed Income Allocation, Matthew Bartolini, Head of SPDR® Americas Research [.
ETF Trends • Nov 9, 2021

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?
ETF Trends • Oct 18, 2021

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 Portfolio Mortgage Backed Bond ETF (SPMB) and the SPDR Portfolio High Yield Bond ETF (SPHY).
ETF Trends • Mar 25, 2021

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 (SPMB). While MBS may offer modestly higher yields relative to U.S.
ETF Trends • Mar 6, 2020

¹ Disclosures

Open an M1 investment account to buy and sell SPDR Portfolio Mortgage Backed Bond ETF commission-free¹. Build wealth for the long term using automated trading and transfers.