GNMA
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Ishares Gnma Bond Etf
43.78
-0.17 (-0.39%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 43.95
Day's Range: 43.7 - 43.94
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When Written:
44.53
iShares GNMA Bond ETF is an exchange-traded fund that seeks to track the investment results of the Bloomberg Barclays US GNMA Bond Index. The fund invests in a diversified portfolio of mortgage-backed securities issued by the Government National Mortgage Association (GNMA), also known as Ginnie Mae.
GNMA bonds are backed by the full faith and credit of the U.S. government, making them a relatively safe investment option. These bonds are issued by mortgage lenders, who pool together home loans and sell them to GNMA. GNMA then issues securities backed by these mortgage pools, which are sold to investors like the iShares GNMA Bond ETF.
The iShares GNMA Bond ETF is designed to provide investors with exposure to the U.S. government-backed mortgage market while providing a high level of income and capital preservation. The ETF has an expense ratio of 0.15% and has a current yield of 2.06% as of August 2021. The fund has over $13 billion in assets under management and is listed on the NYSE Arca exchange.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
GNMA bonds are backed by the full faith and credit of the U.S. government, making them a relatively safe investment option. These bonds are issued by mortgage lenders, who pool together home loans and sell them to GNMA. GNMA then issues securities backed by these mortgage pools, which are sold to investors like the iShares GNMA Bond ETF.
The iShares GNMA Bond ETF is designed to provide investors with exposure to the U.S. government-backed mortgage market while providing a high level of income and capital preservation. The ETF has an expense ratio of 0.15% and has a current yield of 2.06% as of August 2021. The fund has over $13 billion in assets under management and is listed on the NYSE Arca exchange.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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