Vanguard Mortgage backed securities-VMBS

NASDAQ:VMBS   Vanguard Mortgage-Backed Securities ETF
Well this looks extremely bad.

To those who aren't familiar with this ETF

- Product summary
- Seeks to provide a moderate and sustainable level of current income.
- Invests primarily in U.S. agency mortgage-backed pass-through securities issued by Ginnie Mae (GNMA), Fannie Mae (FNMA), and Freddie Mac (FHLMC).
- Moderate interest rate risk, with a dollar-weighted average maturity of 3 to 10 years.

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