The fund invests at least 80% of its net assets in mortgage-backed securities. The advisor defines MBS as any agency or non-agency residential or commercial mortgage-backed security and any futures contract, forward agreement, swap contract, or option linked to the preceding. It is an actively managed exchange-traded fund that seeks to achieve its investment objectives by investing primarily in MBS"s issued by the Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation.
Frequently asked questions
What is the Simplify MBS ETF (MTBA) expense ratio?
The Simplify MBS ETF funds expense ratio is 0.15%.
What is Simplify MBS ETF (MTBA) current stock price?
As of the latest data, Simplify MBS ETF stock price is $48.82, with a previous close of $48.63. Simplify MBS ETF gained $0.19 in the last trading session, representing a 0.39% increase.
Does Simplify MBS ETF (MTBA) pay dividends?
Yes. Simplify MBS ETF pays monthly dividends with an annualized yield of 6.06% and an estimated annual payout of $2.96 per share.