VMBS
Vanguard Mortgage-Backed Securities ETF·NASDAQ
--
--(--)
--
--(--)
Key Stats
Assets Under Management
14.78BUSD
Fund Flows (1Y)
-5.48BUSD
Dividend Yield
4.20%
Discount/Premium to NAV
0.13%
Shares Outstanding
313.20M
Expense Ratio
0.03%
About Vanguard Mortgage-Backed Securities ETF
Issuer
Vanguard
Brand
Vanguard
Inception Date
Nov 19, 2009
Structure
Open-Ended Fund
Index Tracked
Bloomberg U.S. MBS Float Adjusted Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
VMBS offers good exposure to mortgage pass-through securities, efficiently. It has exposure to the three major agencies: Fannie Mae, Freddie Mac and Ginnie Mae. Instead of holding actual MBS pass-throughs, VMBS uses MBS TBAs as liquid alternatives to the MBS. As a Vanguard product, VMBS is a bit less transparent as it does not disclose its holdings daily. In all, VMBS offers good mortgage-backed securities coverage in a stable wrapper.
Classification
Asset Class
Fixed Income
Category
Government, Mortgage-backed
Focus
Investment Grade
Niche
Broad Maturities
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
Market value
Analysis
Asset
No data available
Holdings
Symbol
Ratio
Federal National Mortgage Assn.
6.80%
Federal Home Loan Mortgage Corp.
6.06%
Vanguard Market Liquidity Fund
4.48%
Government National Mortgage Assn.
3.93%
Fannie Mae Pool
0.00%
Freddie Mac Non Gold Pool
0.00%
Symbol
Ratio
Ginnie Mae II Pool
0.00%
Top 10 Weight 21.27%
7 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
Community Forum
Loading...
Related News
No articles available
You can ask Aime
No Data
