(SPMB) Portfolio Mortgage Backed - Overview
Etf: Agency, Mortgage, Pass-Through, Securities, Bond
Dividends
| Dividend Yield | 4.36% |
| Yield on Cost 5y | 4.01% |
| Yield CAGR 5y | 7.90% |
| Payout Consistency | 89.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.03% |
| Relative Tail Risk | 1.14% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.81 |
| Alpha | 3.79 |
| Character TTM | |
|---|---|
| Beta | 0.005 |
| Beta Downside | -0.030 |
| Drawdowns 3y | |
|---|---|
| Max DD | 8.87% |
| CAGR/Max DD | 0.50 |
Description: SPMB Portfolio Mortgage Backed January 09, 2026
The SPDR Portfolio Mortgage-Backed Bond ETF (SPMB) allocates at least 80 % of its assets to securities that track the U.S. agency mortgage pass-through index, or to securities the adviser judges to have essentially identical economic characteristics. The index reflects the performance of investment-grade, U.S. government-backed mortgage-backed securities (MBS).
Key metrics to watch include a weighted-average maturity of roughly 6-7 years, a current yield-to-worst near 4.2 % (as of early 2026), and an expense ratio of 0.07 %. The fund’s performance is highly sensitive to Federal Reserve policy and housing-market dynamics; rising short-term rates compress MBS spreads, while changes in pre-payment speeds (driven by mortgage-rate volatility) affect duration and total return.
For a deeper quantitative breakdown, check out ValueRay’s SPMB analysis page.
What is the price of SPMB shares?
Over the past week, the price has changed by +0.49%, over one month by +0.27%, over three months by +1.40% and over the past year by +8.20%.
Is SPMB a buy, sell or hold?
What are the forecasts/targets for the SPMB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 23.8 | 5.8% |
SPMB Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 6.75b USD (6.75b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 6.75b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 6.75b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 5.93% (E(6.75b)/V(6.75b) * Re(5.93%) + (debt-free company))
Discount Rate = 5.93% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)