SMBS Distribution History & Yield
Schwab Mortgage-Backed Securities ETF · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Sat, Oct 31, 2026 (in 6 days) | Nov 14, 2026 | $0.1091 | $10.91 | Estimated |
| Mon, Nov 30, 2026 (in 36 days) | Dec 14, 2026 | $0.1091 | $10.91 | Estimated |
| Wed, Dec 30, 2026 (in 66 days) | Jan 13, 2027 | $0.1091 | $10.91 | Estimated |
| Fri, Jan 29, 2027 (in 96 days) | Feb 12, 2027 | $0.1091 | $10.91 | Estimated |
| Sun, Feb 28, 2027 (in 126 days) | Mar 14, 2027 | $0.1091 | $10.91 | Estimated |
| Tue, Mar 30, 2027 (in 156 days) | Apr 13, 2027 | $0.1091 | $10.91 | Estimated |
| Thu, Apr 29, 2027 (in 186 days) | May 13, 2027 | $0.1091 | $10.91 | Estimated |
| Sat, May 29, 2027 (in 216 days) | Jun 12, 2027 | $0.1091 | $10.91 | Estimated |
| Mon, Jun 28, 2027 (in 246 days) | Jul 12, 2027 | $0.1091 | $10.91 | Estimated |
| Wed, Jul 28, 2027 (in 276 days) | Aug 11, 2027 | $0.1091 | $10.91 | Estimated |
| Fri, Aug 27, 2027 (in 306 days) | Sep 10, 2027 | $0.1091 | $10.91 | Estimated |
| Sun, Sep 26, 2027 (in 336 days) | Oct 10, 2027 | $0.1091 | $10.91 | Estimated |
Estimated dates and amounts are projected from SMBS's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.4181 per share.
Distribution payment history
Last 22 payments per share. RegularSpecial
Annual distributions per share
How much SMBS do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 917 | $22,258 | $1,200 |
| $500 / month | 4,584 | $111,291 | $6,000 |
| $1,000 / month | 9,168 | $222,582 | $12,000 |
Based on the forward yield of 5.39%. $10,000 in SMBS would currently pay about $539 a year ($45 a month on average). Model reinvestment and growth →
SMBS distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Oct 1, 2026 | — | $0.113 | +7.6% |
| Sep 1, 2026 | — | $0.105 | -9.5% |
| Aug 3, 2026 | — | $0.116 | +6.4% |
| Jul 1, 2026 | — | $0.109 | -0.9% |
| Jun 1, 2026 | — | $0.11 | +0.9% |
| May 1, 2026 | — | $0.109 | +5.8% |
| Apr 1, 2026 | — | $0.103 | -3.7% |
| Mar 2, 2026 | — | $0.107 | -5.3% |
| Feb 2, 2026 | — | $0.113 | +7.6% |
| Dec 19, 2025 | — | $0.105 | +1.0% |
| Dec 1, 2025 | — | $0.104 | -9.6% |
| Nov 3, 2025 | — | $0.115 | +6.5% |
| Oct 1, 2025 | — | $0.108 | -0.9% |
| Sep 2, 2025 | — | $0.109 | -6.8% |
| Aug 1, 2025 | — | $0.117 | +8.3% |
| Jul 1, 2025 | — | $0.108 | -3.6% |
| Jun 2, 2025 | — | $0.112 | +314.8% |
| May 1, 2025 | — | $0.027 | -73.5% |
| Apr 1, 2025 | — | $0.102 | +1.0% |
| Mar 3, 2025 | — | $0.101 | -22.9% |
| Feb 3, 2025 | — | $0.131 | +4.8% |
| Dec 20, 2024 | — | $0.125 | — |
Payout risk check
SMBS's last 12 distributions were very stable (consistency score 96/100).
Its share price moved -5.6% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Schwab Mortgage-Backed Securities ETF
The index is composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies. It is the fund’s policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included in the index, including TBA transactions.
Fund family: Schwab ETFs. Category: Government Mortgage-Backed Bond. First distribution on our records: Dec 20, 2024. 22 payments tracked. Data last refreshed Oct 22, 2026. Spotted a mistake? Report it and we'll fix it.
SMBS distribution FAQ
When is SMBS's next ex-distribution date?
SMBS's next ex-distribution date is Oct 31, 2026 (in 6 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.1091 per share, expected on Nov 14, 2026.
How often does SMBS pay distributions?
SMBS pays distributions every month, 12 times a year. The most recent payment was $0.113 per share with an ex-date of Oct 1, 2026.
What is SMBS's distribution yield?
SMBS's trailing 12-month distribution yield is 5.39%, based on $1.309 per share paid over the last year and a share price of $24.28. The forward yield, using the indicated annual rate of $1.309 per share, is 5.39%.
How much does SMBS pay per share?
SMBS pays about $0.1091 per share each month, which works out to roughly $1.309 per share a year. 100 shares would collect about $130.90 a year.
Has SMBS grown or cut its distribution?
As a fund, SMBS's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of SMBS do I need to earn $100 a month?
At the current forward yield of 5.39%, you would need about 917 shares of SMBS (roughly $22,258 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
Similar funds
| Symbol | Type | Price | TTM yield | Annual / share | Frequency | Next ex-date | Trend |
|---|---|---|---|---|---|---|---|
| MBBiShares MBS ETF | ETF | $91.29 | 4.46% | $4.07 | Monthly | Oct 31 Est. | |
| VMBSVanguard Mortgage-Backed Securities Index Fund ETF Shares | ETF | $45.23 | 4.35% | $1.969 | Monthly | Oct 31 Est. | |
| SPMBState Street SPDR Portfolio Mortgage Backed Bond ETF | ETF | $21.54 | 4.27% | $0.919 | Monthly | Oct 31 Est. | |
| JMBSJanus Henderson Mortgage-Backed Securities ETF | ETF | $43.17 | 5.43% | $2.346 | Monthly | Oct 30 Est. | |
| PMBSPIMCO Mortgage-Backed Securities Active Exchange-Traded Fund | ETF | $47.12 | 4.92% | $2.32 | Monthly | Oct 31 Est. | |
| MBBAiShares Mortgage-Backed Securities Active ETF | ETF | $47.44 | 3.26% | $1.56 | Monthly | Oct 31 Est. | |
| GNMAiShares GNMA Bond ETF | ETF | $42.59 | 4.41% | $1.88 | Monthly | Oct 31 Est. | |
| MBSFRegan Floating Rate MBS ETF | ETF | $25.51 | 3.97% | $1.12 | Monthly | Oct 26 Est. |