Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF (SMBS) Dividend Yield, History & Forecast

Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $6.49B.

SMBS fund composition

SMBS holds 4334 positions. It charges an expense ratio of 0.03%, and manages $6.42B.

SMBS runs a derivative strategy and reports no conventional equity constituents, so there is no holdings breakdown to show. Its exposure comes from options positions rather than shares in underlying companies.

Frequently Asked Questions about Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF (SMBS)

What does Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF invest in?
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...