Key stats
About Simplify MBS ETF
Home page
Inception date
Nov 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
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
Simplify Asset Management, Inc.
ISIN
US82889N5251
MTBA targets the highest-yielding mortgage-backed securities (MBS) while managing interest rate sensitivity through various strategies and derivatives. It primarily includes residential or commercial MBS issued by major US agencies like GNMA, FNMA, and FHLMC. The fund maintains an effective duration ranging from 3 to 10 years. The fund considers factors such as price, coupon, prepayment rate, and maturity to calculate the expected yield. As part of its strategy, the fund uses derivatives, such as MBS-linked swaps and interest rate-linked swaps, to manage its duration exposure and hedge interest rate risk, respectively. A dollar roll strategy is utilized to potentially enhance returns. The adviser evaluates price differentials between delivery months and assesses interest income on short-term investments to predict profitability, effectively creating investment leverage. Cash, cash equivalents, and short-term fixed-income securities are held as collateral for swaps.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
ETF
Bonds, Cash & Other100.00%
Securitized49.85%
ETF44.03%
Government5.96%
Cash0.16%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MTBA invests in bonds. The fund's major sectors are Securitized, with 49.85% stocks, and Government, with 5.96% of the basket. The assets are mostly located in the North America region.
MTBA last dividends amounted to 0.25 USD. The month before, the issuer paid 0.25 USD in dividends,
MTBA assets under management is 1.53 B USD. It's risen 3.80% over the last month.
MTBA fund flows account for 70.40 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MTBA pays dividends to its holders with the dividend yield of 5.91%. The last dividend (Sep 30, 2025) amounted to 0.25 USD. The dividends are paid monthly.
MTBA shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Nov 6, 2023, and its management style is Active.
MTBA expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
MTBA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MTBA invests in bonds.
MTBA price has fallen by −0.14% over the last month, and its yearly performance shows a −0.45% decrease. See more dynamics on MTBA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.34% increase in three-month performance and has increased by 5.51% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.34% increase in three-month performance and has increased by 5.51% in a year.
MTBA trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.