MBB

iShares MBS ETF

$94.91

+0.00%

Market closed. Last update: 2:13 AM ET

📎 Investment Objective

The iShares MBS ETF (MBB) seeks to track the investment results of an index composed of investment-grade mortgage-backed pass-through securities issued and/or guaranteed by U.S. government agencies.

Overview

ETF tracking iShares MBS ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2017-08-02

Market Cap $38.9B

Average Volume N/A

Dividend Yield 3.53%

52-Week Range $91.41 - $96.91

VWAP $94.89

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares MBS ETF (MBB) seeks to track the investment results of an index composed of investment-grade mortgage-backed pass-through securities issued and/or guaranteed by U.S. government agencies.

🎯 Investment Strategy

The ETF invests in a representative sample of mortgage-backed securities included in the Bloomberg U.S. MBS Index. It aims to provide exposure to the overall U.S. agency mortgage-backed securities market.

✨ Key Features

Provides broad exposure to the U.S. agency mortgage-backed securities market
Tracks the Bloomberg U.S. MBS Index, which includes agency mortgage-backed pass-through securities
Low expense ratio of 0.00%
Suitable for investors seeking exposure to the U.S. agency mortgage-backed securities market

⚠️ Primary Risks

Interest rate risk: The value of the ETF's holdings may decline due to increases in interest rates
Prepayment risk: Mortgage-backed securities are subject to prepayment risk, which can reduce the potential for price appreciation
Credit risk: The ETF is exposed to the credit risk of the U.S. government agencies that issue or guarantee the mortgage-backed securities
Liquidity risk: The ETF may experience lower liquidity in the mortgage-backed securities market

👤 Best For

The iShares MBS ETF may be suitable for investors seeking exposure to the U.S. agency mortgage-backed securities market as part of a diversified fixed-income portfolio. It may be particularly attractive for investors with a moderate risk tolerance who are looking for a low-cost, passively managed option for this asset class.