VMBS appears to breaking handle in the cup and handle patternNASDAQ:VMBS looks like it broke down today, can some time be leading indicator for rates and SP:SPX
Key stats
About Vanguard Mortgage-Backed Securities ETF
Issuer
The Vanguard Group, Inc.
Brand
Vanguard
Expense ratio
0.04%
Home page
Inception date
Nov 19, 2009
Index tracked
Bloomberg US MBS - Float Adjusted
Management style
Passive
ISIN
US92206C7719
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
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized98.49%
Cash1.47%
Government0.04%
Vanguard Mortgage backed securities-VMBSWell 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 Freddi
See all ideas