Buying opportunity? Curiously red as the mREIT sector heads higher today is Ellington Financial...

|About: Ellington Financial LLC (EFC)|By:, SA News Editor

Buying opportunity? Curiously red as the mREIT sector heads higher today is Ellington Financial (EFC -0.5%), which reported book value of $24.02 on Friday evening vs. $24.50 in October. As one trader points out, don't forget the $0.70 dividend and November's management fee. Adjusting for these, the portfolio value rose nicely.