iShares GNMA Bond ETF (GNMA)

mortgage-backed-securities fixed-income government-guaranteed monthly-dividends

Ginnie Mae securities occupy a unique position in the bond market as the only mortgage-backed securities carrying the explicit full faith and credit guarantee of the United States government. This fund focuses exclusively on GNMA pass-through certificates, offering investors the highest credit quality available in the mortgage sector alongside predictable monthly income streams. The portfolio's government guarantee and focus on conforming mortgages provide a defensive fixed-income allocation that has historically exhibited lower prepayment risk than conventional mortgage securities during periods of falling interest rates.