CMBS

iShares CMBS ETF

$48.97
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The iShares CMBS ETF (CMBS) seeks to track the investment results of an index composed of commercial mortgage-backed securities (CMBS).

Overview

ETF tracking iShares CMBS ETF

Category Other
Issuer BlackRock
Inception Date 2012-02-16
Market Cap $479.9M
Average Volume N/A
Dividend Yield 2.86%
52-Week Range $47.09 - $49.41
VWAP $48.96

Performance

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Investment Summary

📎 Investment Objective

The iShares CMBS ETF (CMBS) seeks to track the investment results of an index composed of commercial mortgage-backed securities (CMBS).

🎯 Investment Strategy

The ETF invests in a portfolio of CMBS that seeks to replicate the performance of the Bloomberg CMBS Index. The fund aims to provide exposure to the CMBS market by holding a representative sample of the index constituents.

✨ Key Features

  • Provides exposure to the commercial mortgage-backed securities market
  • Seeks to track the performance of the Bloomberg CMBS Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Interest rate risk: CMBS prices may decline as interest rates rise
  • Credit risk: Underlying CMBS may be subject to default or downgrade risk
  • Liquidity risk: CMBS may have lower trading volume and liquidity compared to other fixed income securities
  • Concentration risk: The fund is concentrated in the CMBS market

👤 Best For

This ETF may be suitable for investors seeking exposure to the commercial mortgage-backed securities market as part of a diversified fixed income portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with CMBS investments.