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Critical Facts You Need to Know About Preferred Stocks
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SPDR® Portfolio Mortgage Backed Bond ETF
ETF
MBG
Payout Change
None
Price as of:
$26.23
+0.03
+0.11%
primary theme
N/A
MBG (ETF)
SPDR® Portfolio Mortgage Backed Bond ETF
Payout Change
None
Price as of:
$26.23
+0.03
+0.11%
primary theme
N/A
MBG (ETF)
SPDR® Portfolio Mortgage Backed Bond ETF
Payout Change
None
Price as of:
$26.23
+0.03
+0.11%
primary theme
N/A
Name
As of 09/20/2019Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-3.2%
1 yr return
-7.8%
3 Yr Avg Return
-0.8%
5 Yr Avg Return
0.5%
Net Assets
$4.09 B
Holdings in Top 10
11.8%
52 WEEK LOW AND HIGH
$22.8
$22.01
$25.95
Expenses
OPERATING FEES
Expense Ratio 0.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/20/2019Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MBG - Profile
Distributions
- YTD Total Return -9.4%
- 3 Yr Annualized Total Return -0.8%
- 5 Yr Annualized Total Return 0.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.81%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSPDR® Portfolio Mortgage Backed Bond ETF
-
Fund Family NameSPDR State Street Global Advisors
-
Inception DateJan 15, 2009
-
Shares Outstanding175900000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMarc DiCosimo
Fund Description
MBG - Performance
Return Ranking - Trailing
| Period | MBG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -3.2% | -24.0% | 1.4% | 84.07% |
| 1 Yr | -7.8% | -20.2% | 3.0% | 17.84% |
| 3 Yr | -0.8%* | -9.0% | 5.2% | 16.02% |
| 5 Yr | 0.5%* | -5.6% | 3.1% | 17.70% |
| 10 Yr | 1.1%* | -7.8% | 3.8% | 16.50% |
* Annualized
Return Ranking - Calendar
| Period | MBG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -3.9% | -22.8% | 16.6% | 5.99% |
| 2022 | 1.2% | -18.7% | 6.9% | 6.08% |
| 2021 | 2.8% | -48.1% | 2.9% | 1.17% |
| 2020 | -2.3% | -20.9% | 1.8% | 86.45% |
| 2019 | -1.0% | -21.9% | 0.4% | 85.89% |
Total Return Ranking - Trailing
| Period | MBG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -9.4% | -24.0% | 1.4% | 86.30% |
| 1 Yr | -7.8% | -20.2% | 1.7% | 17.47% |
| 3 Yr | -0.8%* | -9.0% | 4.2% | 16.02% |
| 5 Yr | 0.5%* | -5.6% | 2.4% | 17.70% |
| 10 Yr | 1.1%* | -7.8% | 3.7% | 16.92% |
* Annualized
Total Return Ranking - Calendar
| Period | MBG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -3.9% | -22.8% | 16.6% | 5.99% |
| 2022 | 1.2% | -18.7% | 6.9% | 6.08% |
| 2021 | 2.8% | -48.1% | 2.9% | 1.17% |
| 2020 | -2.3% | -20.9% | 1.8% | 86.45% |
| 2019 | -1.0% | -21.9% | 0.4% | 86.72% |
MBG - Holdings
Concentration Analysis
| MBG | Category Low | Category High | MBG % Rank | |
|---|---|---|---|---|
| Net Assets | 4.09 B | 10.8 M | 21.7 B | 23.83% |
| Number of Holdings | 1923 | 2 | 14187 | 7.92% |
| Net Assets in Top 10 | 490 M | -37.3 M | 9.54 B | 42.92% |
| Weighting of Top 10 | 11.78% | 5.9% | 100.0% | 97.85% |
Top 10 Holdings
- State Street Instl Liquid Reserves Prem 3.46%
- Federal National Mortgage Association 2% 2.56%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
- Us 10yr Note (Cbt)dec20 Xcbt 20201221 2.50%
Asset Allocation
| Weighting | Return Low | Return High | MBG % Rank | |
|---|---|---|---|---|
| Bonds | 96.55% | 0.00% | 134.21% | 51.25% |
| Cash | 3.45% | -34.21% | 38.56% | 47.50% |
| Stocks | 0.00% | 0.00% | 100.00% | 13.33% |
| Preferred Stocks | 0.00% | 0.00% | 0.33% | 3.33% |
| Other | 0.00% | -2.77% | 29.56% | 5.00% |
| Convertible Bonds | 0.00% | 0.00% | 3.29% | 5.42% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MBG % Rank | |
|---|---|---|---|---|
| Securitized | 96.54% | 0.00% | 100.00% | 4.60% |
| Cash & Equivalents | 3.46% | 0.00% | 35.24% | 73.22% |
| Derivative | 0.00% | 0.00% | 16.13% | 8.79% |
| Corporate | 0.00% | 0.00% | 57.23% | 30.96% |
| Municipal | 0.00% | 0.00% | 5.24% | 23.01% |
| Government | 0.00% | 0.00% | 100.00% | 91.21% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MBG % Rank | |
|---|---|---|---|---|
| US | 96.55% | 0.00% | 134.21% | 48.75% |
| Non US | 0.00% | 0.00% | 100.00% | 25.42% |
MBG - Expenses
Operational Fees
| MBG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | 1.82% | 97.19% |
| Management Fee | 0.04% | 0.00% | 0.85% | 2.55% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 1.60% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| MBG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.50% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| MBG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MBG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 3.35% | 498.00% | 23.65% |
MBG - Distributions
Dividend Yield Analysis
| MBG | Category Low | Category High | MBG % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 12.72% | 5.56% |
Dividend Distribution Analysis
| MBG | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| MBG | Category Low | Category High | MBG % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.81% | -0.80% | 2.96% | 45.06% |
Capital Gain Distribution Analysis
| MBG | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Monthly | Monthly |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 08, 2022 | $0.052 | OrdinaryDividend |
| Jun 07, 2022 | $0.055 | OrdinaryDividend |
| May 06, 2022 | $0.056 | OrdinaryDividend |
| Apr 07, 2022 | $0.053 | OrdinaryDividend |
| Mar 07, 2022 | $0.054 | OrdinaryDividend |
| Feb 07, 2022 | $0.052 | OrdinaryDividend |
| Dec 23, 2021 | $0.053 | OrdinaryDividend |
| Dec 07, 2021 | $0.053 | OrdinaryDividend |
| Nov 05, 2021 | $0.053 | OrdinaryDividend |
| Oct 07, 2021 | $0.054 | OrdinaryDividend |
| Sep 08, 2021 | $0.053 | OrdinaryDividend |
| Aug 06, 2021 | $0.053 | OrdinaryDividend |
| Jul 08, 2021 | $0.054 | OrdinaryDividend |
| Jun 07, 2021 | $0.055 | OrdinaryDividend |
| May 07, 2021 | $0.056 | OrdinaryDividend |
| Apr 08, 2021 | $0.058 | OrdinaryDividend |
| Mar 05, 2021 | $0.059 | OrdinaryDividend |
| Feb 05, 2021 | $0.058 | OrdinaryDividend |
| Dec 24, 2020 | $0.063 | OrdinaryDividend |
| Dec 07, 2020 | $0.062 | OrdinaryDividend |
| Nov 06, 2020 | $0.063 | OrdinaryDividend |
| Oct 07, 2020 | $0.063 | OrdinaryDividend |
| Sep 08, 2020 | $0.063 | OrdinaryDividend |
| Aug 07, 2020 | $0.066 | OrdinaryDividend |
| Jul 07, 2020 | $0.066 | OrdinaryDividend |
| Jun 05, 2020 | $0.064 | OrdinaryDividend |
| May 07, 2020 | $0.068 | OrdinaryDividend |
| Apr 07, 2020 | $0.067 | OrdinaryDividend |
| Mar 06, 2020 | $0.065 | OrdinaryDividend |
| Feb 07, 2020 | $0.069 | OrdinaryDividend |
| Dec 27, 2019 | $0.070 | OrdinaryDividend |
| Dec 06, 2019 | $0.069 | OrdinaryDividend |
| Nov 07, 2019 | $0.063 | OrdinaryDividend |
| Oct 07, 2019 | $0.066 | OrdinaryDividend |
| Sep 09, 2019 | $0.071 | OrdinaryDividend |
| Aug 07, 2019 | $0.071 | OrdinaryDividend |
| Jul 08, 2019 | $0.073 | OrdinaryDividend |
| Jun 07, 2019 | $0.072 | OrdinaryDividend |
| May 07, 2019 | $0.074 | OrdinaryDividend |
| Apr 05, 2019 | $0.073 | OrdinaryDividend |
| Mar 07, 2019 | $0.074 | OrdinaryDividend |
| Feb 07, 2019 | $0.071 | OrdinaryDividend |
| Dec 26, 2018 | $0.072 | OrdinaryDividend |
| Dec 07, 2018 | $0.073 | OrdinaryDividend |
| Nov 07, 2018 | $0.072 | OrdinaryDividend |
| Oct 05, 2018 | $0.074 | OrdinaryDividend |
| Sep 10, 2018 | $0.072 | OrdinaryDividend |
| Aug 07, 2018 | $0.074 | OrdinaryDividend |
| Jul 09, 2018 | $0.074 | OrdinaryDividend |
| Jun 07, 2018 | $0.071 | OrdinaryDividend |
| May 07, 2018 | $0.068 | OrdinaryDividend |
| Apr 06, 2018 | $0.067 | OrdinaryDividend |
| Mar 07, 2018 | $0.068 | OrdinaryDividend |
| Feb 07, 2018 | $0.070 | OrdinaryDividend |
| Dec 28, 2017 | $0.068 | OrdinaryDividend |
| Dec 11, 2017 | $0.067 | OrdinaryDividend |
| Nov 09, 2017 | $0.069 | OrdinaryDividend |
| Oct 10, 2017 | $0.069 | OrdinaryDividend |
| Sep 12, 2017 | $0.068 | OrdinaryDividend |
| Aug 09, 2017 | $0.070 | OrdinaryDividend |
| Jul 12, 2017 | $0.071 | OrdinaryDividend |
| Jun 09, 2017 | $0.068 | OrdinaryDividend |
| May 09, 2017 | $0.068 | OrdinaryDividend |
| Apr 11, 2017 | $0.068 | OrdinaryDividend |
| Mar 09, 2017 | $0.068 | OrdinaryDividend |
| Feb 09, 2017 | $0.063 | OrdinaryDividend |
| Jan 06, 2017 | $0.067 | OrdinaryDividend |
| Dec 09, 2016 | $0.063 | OrdinaryDividend |
| Nov 09, 2016 | $0.054 | OrdinaryDividend |
| Oct 11, 2016 | $0.066 | OrdinaryDividend |
| Sep 12, 2016 | $0.069 | OrdinaryDividend |
| Aug 09, 2016 | $0.067 | OrdinaryDividend |
| Jul 12, 2016 | $0.066 | OrdinaryDividend |
| Jun 09, 2016 | $0.067 | OrdinaryDividend |
| May 10, 2016 | $0.069 | OrdinaryDividend |
| Apr 11, 2016 | $0.069 | OrdinaryDividend |
| Mar 09, 2016 | $0.067 | OrdinaryDividend |
| Feb 09, 2016 | $0.064 | OrdinaryDividend |
| Jan 07, 2016 | $0.070 | OrdinaryDividend |
| Dec 09, 2015 | $0.070 | OrdinaryDividend |
| Nov 10, 2015 | $0.070 | OrdinaryDividend |
| Oct 09, 2015 | $0.071 | OrdinaryDividend |
| Sep 10, 2015 | $0.073 | OrdinaryDividend |
| Aug 11, 2015 | $0.069 | OrdinaryDividend |
| Jul 10, 2015 | $0.068 | OrdinaryDividend |
| Jun 09, 2015 | $0.067 | OrdinaryDividend |
| May 11, 2015 | $0.066 | OrdinaryDividend |
| Apr 10, 2015 | $0.058 | OrdinaryDividend |
| Mar 10, 2015 | $0.062 | OrdinaryDividend |
| Feb 10, 2015 | $0.075 | OrdinaryDividend |
| Jan 07, 2015 | $0.336 | OrdinaryDividend |
| Dec 09, 2014 | $0.064 | OrdinaryDividend |
| Nov 12, 2014 | $0.066 | OrdinaryDividend |
| Oct 09, 2014 | $0.064 | OrdinaryDividend |
| Sep 10, 2014 | $0.060 | OrdinaryDividend |
| Aug 11, 2014 | $0.058 | OrdinaryDividend |
| Jul 10, 2014 | $0.060 | OrdinaryDividend |
| Jun 10, 2014 | $0.060 | OrdinaryDividend |
| May 09, 2014 | $0.064 | OrdinaryDividend |
| Apr 09, 2014 | $0.053 | OrdinaryDividend |
| Mar 11, 2014 | $0.051 | OrdinaryDividend |
| Feb 11, 2014 | $0.027 | OrdinaryDividend |
| Jan 07, 2014 | $0.075 | OrdinaryDividend |
| Dec 10, 2013 | $0.042 | OrdinaryDividend |
| Nov 12, 2013 | $0.031 | OrdinaryDividend |
| Oct 09, 2013 | $0.011 | OrdinaryDividend |
| Sep 11, 2013 | $0.008 | OrdinaryDividend |
| Aug 09, 2013 | $0.019 | OrdinaryDividend |
| Jul 10, 2013 | $0.014 | OrdinaryDividend |
| Jun 11, 2013 | $0.021 | OrdinaryDividend |
| May 09, 2013 | $0.019 | OrdinaryDividend |
| Apr 09, 2013 | $0.007 | OrdinaryDividend |
| Mar 11, 2013 | $0.006 | OrdinaryDividend |
| Feb 11, 2013 | $0.006 | OrdinaryDividend |
| Jan 07, 2013 | $0.005 | OrdinaryDividend |
| Dec 11, 2012 | $0.005 | OrdinaryDividend |
| Nov 09, 2012 | $0.007 | OrdinaryDividend |
| Oct 09, 2012 | $0.007 | OrdinaryDividend |
| Sep 12, 2012 | $0.012 | OrdinaryDividend |
| Aug 09, 2012 | $0.016 | OrdinaryDividend |
| Jul 11, 2012 | $0.018 | OrdinaryDividend |
| Jun 11, 2012 | $0.024 | OrdinaryDividend |
| May 09, 2012 | $0.023 | OrdinaryDividend |
| Apr 11, 2012 | $0.029 | OrdinaryDividend |
| Mar 09, 2012 | $0.035 | OrdinaryDividend |
| Feb 09, 2012 | $0.029 | OrdinaryDividend |
| Jan 06, 2012 | $0.026 | OrdinaryDividend |
| Dec 09, 2011 | $0.038 | OrdinaryDividend |
| Nov 09, 2011 | $0.036 | OrdinaryDividend |
| Oct 11, 2011 | $0.040 | OrdinaryDividend |
| Sep 12, 2011 | $0.052 | OrdinaryDividend |
| Aug 09, 2011 | $0.056 | OrdinaryDividend |
| Jul 12, 2011 | $0.045 | OrdinaryDividend |
| Jun 09, 2011 | $0.051 | OrdinaryDividend |
| May 10, 2011 | $0.057 | OrdinaryDividend |
| Apr 11, 2011 | $0.055 | OrdinaryDividend |
| Mar 09, 2011 | $0.047 | OrdinaryDividend |
| Feb 09, 2011 | $0.040 | OrdinaryDividend |
| Jan 06, 2011 | $0.027 | OrdinaryDividend |
| Dec 09, 2010 | $0.020 | OrdinaryDividend |
| Nov 09, 2010 | $0.024 | OrdinaryDividend |
| Oct 12, 2010 | $0.029 | OrdinaryDividend |
| Sep 10, 2010 | $0.048 | OrdinaryDividend |
| Aug 10, 2010 | $0.061 | OrdinaryDividend |
| Jul 12, 2010 | $0.049 | OrdinaryDividend |
| Jun 09, 2010 | $0.056 | OrdinaryDividend |
| May 11, 2010 | $0.066 | OrdinaryDividend |
| Apr 12, 2010 | $0.070 | OrdinaryDividend |
| Mar 09, 2010 | $0.058 | OrdinaryDividend |
| Feb 09, 2010 | $0.040 | OrdinaryDividend |
| Dec 09, 2009 | $0.076 | OrdinaryDividend |
| Nov 10, 2009 | $0.072 | OrdinaryDividend |
| Oct 09, 2009 | $0.063 | OrdinaryDividend |
| Sep 10, 2009 | $0.049 | OrdinaryDividend |
| Aug 11, 2009 | $0.056 | OrdinaryDividend |
| Jul 10, 2009 | $0.073 | OrdinaryDividend |
| Jun 09, 2009 | $0.055 | OrdinaryDividend |
| May 11, 2009 | $0.055 | OrdinaryDividend |
| Apr 09, 2009 | $0.050 | OrdinaryDividend |
| Mar 10, 2009 | $0.022 | OrdinaryDividend |
MBG - Fund Manager Analysis
Managers
Marc DiCosimo
Start Date
Tenure
Tenure Rank
Oct 31, 2013
8.59
8.6%
Marc DiCosimo, CFA is a Vice President of SSGA Funds Management and a Senior Portfolio Manager in the Fixed Income Beta Solutions Group within the Fixed Income, Cash and Currency Team. He joined the firm in 2013 and is responsible for managing a broad range of fixed income strategies. Previously, Mr. DiCosimo worked at Wellington Management as a fixed income portfolio analyst on the Mortgage Backed Securities Team. Mr. DiCosimo has fifteen years of fixed income experience working at Loomis Sayles and Saxon Mortgage Capital. Mr. DiCosimo graduated from the University of Richmond with a degree in Accounting. He is a Chartered Financial Analyst (CFA) and is a member of the CFA Institute and CFA Society Boston, Inc.
Michael Przygoda
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Michael Przygoda, CFA, is a Principal and Vice President of SSgA FM and a Portfolio Manager in the Fixed Income Beta Solutions Group, managing a variety of securitized and custom aggregate bond strategies. Prior to joining the Fixed Income Beta Solutions Group, Mr. Przygoda worked as an MBS Trader and a portfolio analyst in the Government Solutions Team and previously managed the Active Fixed Income Operations Team. Mr. Przygoda received his Bachelor of Arts in Finance from Stonehill College and his Master of Science in Finance from Suffolk University. Mr. Przygoda has earned the Chartered Financial Analyst (CFA) designation and is a member of both CFA Society Boston, Inc. and the CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.11 | 31.64 | 8.47 | 7.35 |
