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Vanguard Mortgage Backed Sec Idx Etf
I am not a stock trading expert, but I can provide some general information about the company and ETF you mentioned. VMBS is the ticker symbol for the VanEck Vectors Mortgage REIT Income ETF, which is a publicly traded fund listed on the NASDAQ stock exchange in the USA.
Exchange-Traded Fund (ETF) is a type of investment fund and exchange-traded product, with shares that are tradable on a stock exchange. ETFs are similar to mutual funds, but they are listed on exchanges and can be bought and sold throughout the trading day at fluctuating prices.
VMBS ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Mortgage REITs Index. The index is a rules-based index intended to give investors a means of tracking the overall performance of companies involved in the mortgage real estate investment trust (REIT) sector in the United States.
In terms of historical performance, as of February 23, 2023, the YTD return is -2.13%, with an annual expense ratio of 0.41%. It had a net assets of 312M$. The top 3 holding are Annaly Capital Management, AGNC Investment Corp, and Starwood Property Trust.
As for earning and growth, Mortgage REITs (mREITs) make money by investing in mortgage-backed securities and earning the spread between the interest they receive on those investments and the cost of their funding. mREITs can use leverage to amplify their returns, but it also increases their risk. mREITs pay out most of their earnings as dividends to shareholders, so yield is one of the most important factors for mREIT investors to consider.
It is important to note that past performance is not indicative of future performance, and investing in ETFs and any other financial product always involves a certain degree of risk. So, potential investors should conduct their own research and due diligence before making an investment decision.
Also, The information above is gathered from public sources. I recommend consulting the prospectus and contacting the company or a financial advisor for more specific information about the fund.