State Street SPDR Portfolio Mortgage Backed Bond Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization6,943.46 mln
Business Description
This fund puts nearly all of its money into bonds that either belong to a specific market index or closely mirror how those bonds behave financially. The index tracks U.S. government-backed mortgage bonds that meet investment grade standards.
