SMBS offers representative exposure to US mortgage pass-through securities. The index consists of fixed-rate, investment grade, agency mortgage-backed securities guaranteed by Ginnie Mae, Fannie Mae, and Freddie Mac. The index construction starts by initially grouping individual to-be-announced (TBA) deliverable mortgage-backed securities into pool aggregates based on program, coupon, and vintage. These pool aggregates must have a minimum of $1 billion currently outstanding and a weighted average maturity of at least 1 year to be included in the index. The index constituents are market value-weighted and reconstituted on the last business day of each month.
公司网站 :
https://www.schwabassetmanagement.com/products/smbs
总经理:-
建立时间:2024
公司总部:Schwab Strategic Trust Schwab Mortgage-Backed Securities ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds