Spdr Portfolio Mortgage Etf Profile
| SPMB Etf | USD 22.08 0.08 0.36% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR Portfolio is trading at 22.08 as of the 30th of November 2024, a 0.36 percent increase since the beginning of the trading day. The etf's open price was 22.0. SPDR Portfolio has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on November 14, 2024, Representative Charles J Chuck Fleischmann of US Congress acquired $15k to $50k worth of SPDR Portfolio Mortgage's common stock.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. More on SPDR Portfolio Mortgage
Moving together with SPDR Etf
| 0.99 | GOVT | iShares Treasury Bond | PairCorr |
| 1.0 | MBB | iShares MBS ETF | PairCorr |
| 0.98 | IEI | iShares 3 7 | PairCorr |
| 0.99 | SPTI | SPDR Portfolio Inter | PairCorr |
| 0.99 | ITE | SPDR Bloomberg Barclays | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Idea | Agency Mbs ETFs (View all Themes) |
| Business Concentration | Agency Mbs ETFs, Intermediate Government, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2009-01-15 |
| Benchmark | Bloomberg U.S. MBS Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.7 Billion |
| Asset Type | Fixed Income |
| Category | U.S. Government |
| Focus | Agency MBS |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Marc DiCosimo, Michael Przygoda, James Kramer |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 2,535 |
| Market Maker | Citadel |
| Total Expense | 0.05 |
| Management Fee | 0.04 |
| Country Name | USA |
| Returns Y T D | 2.66 |
| Name | SPDR Portfolio Mortgage Backed Bond |
| Currency Code | USD |
| Open Figi | BBG000F94VG3 |
| In Threey Volatility | 8.58 |
| 1y Volatility | 8.88 |
| 200 Day M A | 21.8077 |
| 50 Day M A | 22.061 |
| Code | SPMB |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.68) |
SPDR Portfolio Mortgage [SPMB] is traded in USA and was established 2009-01-15. The fund is listed under Intermediate Government category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Agency Mbs ETFs. SPDR Portfolio Mortgage at this time have 3.73 B in assets. , while the total return for the last 3 years was -1.7%.
Check SPDR Portfolio Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Portfolio Mortgage Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR Portfolio Top Holders
| FISR | SPDR SSGA Fixed | Etf | Intermediate Core Bond | |
| EVFTX | Evaluator Tactically Managed | Mutual Fund | Allocation--30% to 50% Equity | |
| EVTTX | Evaluator Tactically Managed | Mutual Fund | Allocation--30% to 50% Equity |
SPDR Portfolio Mortgage Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Portfolio. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.4361 |
SPDR Portfolio Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio Mortgage. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of SPDR Portfolio Mortgage is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.