Seeking Alpha

  UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN (MORL) - NYSEARCA

  • Ocean Man | Send Message 30 Jan

    Bought $MORL at $19.73. $CMO's beat could take the whole sector up today.
    Reply (2)
    • Cash King | Send Message 30 Jan
      : I hope so. I saw that last night and they had a pretty good report. Hoping the rest follow suit.
    • Cash King | Send Message 30 Jan
      : I own a lot of $MORL and the dividends have been fantastic. Best investment I've made in a while.
      MORL vs. ETF Alternatives
      MORL Description
      The ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (NYSE: MORL) ("MORL" or the "ETN") is an exchange-traded note linked to the monthly compounded 2x leveraged performance of the Market Vectors® Global Mortgage REITs Index (the "Index"), reduced by the Accrued Fees. MORL is listed on the NYSE Arca exchange, is denominated in USD, and pays a USD-denominated variable monthly coupon linked to 2 times the cash distributions, if any, on the Index constituents, less any withholding taxes.
      See more details on sponsor's website
      Country: United States
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