GNMA

iShares GNMA Bond ETF

$44.42

+0.00%

Market closed. Last update: 11:37 PM ET

📎 Investment Objective

The iShares GNMA Bond ETF seeks to track the investment results of an index composed of Ginnie Mae (GNMA) mortgage-backed securities.

Overview

ETF tracking iShares GNMA Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2012-02-16

Market Cap $368.7M

Average Volume N/A

Dividend Yield 3.49%

52-Week Range $42.17 - $44.89

VWAP $44.46

Performance

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Investment Summary

📎 Investment Objective

The iShares GNMA Bond ETF seeks to track the investment results of an index composed of Ginnie Mae (GNMA) mortgage-backed securities.

🎯 Investment Strategy

The ETF invests primarily in GNMA mortgage-backed securities, which are backed by the full faith and credit of the U.S. government. The fund aims to provide exposure to the GNMA mortgage-backed securities market.

✨ Key Features

Invests in GNMA mortgage-backed securities, which are guaranteed by the U.S. government
Seeks to track the performance of the Bloomberg GNMA Index
Low expense ratio of 0.00%
Provides exposure to the GNMA mortgage-backed securities market

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
Prepayment risk: Homeowners may refinance or pay off their mortgages sooner than expected, which could reduce the fund's returns
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time or price
Concentration risk: The fund's performance is closely tied to the GNMA mortgage-backed securities market

👤 Best For

The iShares GNMA Bond ETF may be suitable for investors seeking exposure to U.S. government-backed mortgage-backed securities as part of a diversified fixed-income portfolio. It may be particularly appealing to investors looking for a low-cost, passively managed option for this asset class.