iShares MBS ETF (MBB) is an exchange-traded fund managed by BlackRock that tracks the performance of the Bloomberg U.S. Mortgage Backed Securities Index. This fund invests in mortgage-backed securities (MBS) issued by government or government-sponsored entities such as Fannie Mae and Freddie Mac. The iShares MBS ETF is known for its ability to provide stable returns and access to a diverse portfolio of mortgage-backed securities. The fund is designed to offer stable income from mortgage-backed securities with low costs. iShares MBS ETF (MBB) shares could be suitable for investors looking for stable income and exposure to the mortgage-backed securities market.
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