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HEADLINES:

Can Chairman Bernanke Talk Investors Out Of Higher-Yielding ETFs?
Gary Gordon • Fri, May 10 • 7 Comments
Use Caution With Double Digit Yield ETFs
David Fabian • Tue, Apr 30 • 4 Comments
Comparing 2 High-Yield Mortgage REIT ETFs
Tom Lydon • Thu, Apr 25 • 7 Comments
An Even Better Dividend Growth ETF Portfolio
Cranky • Sat, Apr 20 • 29 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Fri, Apr 19 • 27 Comments
Yes Virginia, There Is A Dividend Growth ETF Portfolio That Delivers
Cranky • Fri, Apr 5 • 107 Comments
Mortgage REITs: Sell In May? Not If Spreads Hold Up
Dividend Living • Thu, Apr 4 • 22 Comments
These High-Yielding Mortgage REIT ETFs Can Simplify Your Investing
David White • Wed, Mar 27 • 3 Comments
Mortgage REIT ETFs: Double-Digit Yields And Risks
Tom Lydon • Fri, Mar 15 • 5 Comments
The MORL Is A Story
Dividend Living • Tue, Mar 5 • 57 Comments
Mortgage REIT ETF Yielding 12% Starts Year Strong
Tom Lydon • Tue, Feb 12 • 8 Comments
Building A Retirement Portfolio With 3 ETFs And A Mutual Fund
Regarded Solutions • Mon, Feb 11 • 44 Comments
Buy Agency Mortgage REITs On Coming Debt Ceiling Weakness
Zvi Bar • Mon, Jan 7 • 31 Comments
Apollo Residential Mortgage Muddies Up The mREIT Dividend Waters
Tim Plaehn • Fri, Dec 14, 2012 • 2 Comments
It Is Time To Start Accumulating Agency Mortgage REITs
Zvi Bar • Mon, Nov 19, 2012 • 18 Comments
Mortgage REIT ETFs Fighting The Fed
Tom Lydon • Fri, Nov 16, 2012 • 2 Comments
This New Mortgage REIT Investment Is Worth Buying For 25% Yields
Trade In Mexico • Mon, Nov 12, 2012 • 21 Comments
American Capital Agency's Results Show mREITs Can Still Pay 10% Annual Dividend Yields
Saibus Research • Wed, Nov 7, 2012 • 15 Comments
Agency Mortgage REITs Decline As The Debt Ceiling Approaches
Zvi Bar • Mon, Nov 5, 2012 • 13 Comments
Sector ETF Opportunities Going Into 2013
Tom Lydon • Thu, Nov 1, 2012 • 1 Comment

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Mortgage REIT Income ETF: Sector Risk Vs. Credit Risk
Michael Terry • Mon, Mar 19, 2012 • 5 Comments
MORT: A Double-Digit Yield, But Not Without Risks
Ron Rowland • Fri, Aug 19, 2011 • 12 Comments
Van Eck Debuts Mortgage REIT ETF
Michael Johnston • Wed, Aug 17, 2011

Can Chairman Bernanke Talk Investors Out Of Higher-Yielding ETFs?
Gary Gordon • Fri, May 10 • 7 Comments
Use Caution With Double Digit Yield ETFs
David Fabian • Tue, Apr 30 • 4 Comments
Comparing 2 High-Yield Mortgage REIT ETFs
Tom Lydon • Thu, Apr 25 • 7 Comments
An Even Better Dividend Growth ETF Portfolio
Cranky • Sat, Apr 20 • 29 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Fri, Apr 19 • 27 Comments
Yes Virginia, There Is A Dividend Growth ETF Portfolio That Delivers
Cranky • Fri, Apr 5 • 107 Comments
Mortgage REITs: Sell In May? Not If Spreads Hold Up
Dividend Living • Thu, Apr 4 • 22 Comments
These High-Yielding Mortgage REIT ETFs Can Simplify Your Investing
David White • Wed, Mar 27 • 3 Comments
Mortgage REIT ETFs: Double-Digit Yields And Risks
Tom Lydon • Fri, Mar 15 • 5 Comments
The MORL Is A Story
Dividend Living • Tue, Mar 5 • 57 Comments
Mortgage REIT ETF Yielding 12% Starts Year Strong
Tom Lydon • Tue, Feb 12 • 8 Comments
Building A Retirement Portfolio With 3 ETFs And A Mutual Fund
Regarded Solutions • Mon, Feb 11 • 44 Comments
Buy Agency Mortgage REITs On Coming Debt Ceiling Weakness
Zvi Bar • Mon, Jan 7 • 31 Comments
Apollo Residential Mortgage Muddies Up The mREIT Dividend Waters
Tim Plaehn • Fri, Dec 14, 2012 • 2 Comments
It Is Time To Start Accumulating Agency Mortgage REITs
Zvi Bar • Mon, Nov 19, 2012 • 18 Comments
Mortgage REIT ETFs Fighting The Fed
Tom Lydon • Fri, Nov 16, 2012 • 2 Comments
This New Mortgage REIT Investment Is Worth Buying For 25% Yields
Trade In Mexico • Mon, Nov 12, 2012 • 21 Comments
American Capital Agency's Results Show mREITs Can Still Pay 10% Annual Dividend Yields
Saibus Research • Wed, Nov 7, 2012 • 15 Comments
Agency Mortgage REITs Decline As The Debt Ceiling Approaches
Zvi Bar • Mon, Nov 5, 2012 • 13 Comments
Sector ETF Opportunities Going Into 2013
Tom Lydon • Thu, Nov 1, 2012 • 1 Comment

There are no Transcripts on MORT.

Weekend Investor: How to buy REITs in a crowded market

at MarketWatch.com (Jun 1, 2012)
Hungry for yield? Take a bite out of REITs

at MarketWatch.com (Nov 18, 2011)

MORT vs. ETF Alternatives

MORT Description

The Market Vectors® Mortgage REIT Income ETF (MORT) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Global Mortgage REITs Index (MVMORTTR). The Index is a rules based index intended to track the overall performance of publicly traded mortgage REITs.
See more details on sponsor's website

Key Info

In Your Portfolio: Real Estate [REIT] ETFs, A Guide to International Equity ETFs
Asset Class Performance: Global & Regions, Real Estate

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| Earnings
| Dividends
| M&A
| On the move

Friday, May 17, 8:27 AM "The issue isn't if the Fed exits, it's a question of whether they exit way earlier than expected," American Capital (AGNC) CIO Gary Kain tells Bloomberg, feeling his portfolio is better positioned now than in Q1, when higher rates took a chunk out of book value. The Fed will be "extremely slow" in its withdrawal, says KBW's Mike Widner. "That spells an environment that actually gets better for the mREITs (MORT, REM) before it gets worse." 15 Comments [Financials]
Thursday, May 16, 12:43 PM It's a nice bounce for the mortgage REITs (MORT +1.3%) today as a string of weak economic data leads to a big drop in Treasury yields, the 10-year off 6 bps to 1.88%. Leading gains is Western Asset Mortgage (WMC +3.3%) following yesterday's 8% post-earnings drubbing. CEO Jim Gavin took advantage, adding 12.8% to his stake by buying about $42K worth of stock at $19.96 each. Other movers include: (CMO +2.1%), (NLY +1.9%), (ARR +2.6%), (IVR +1.8%). 6 Comments [Financials, On the Move]
Wednesday, May 15, 10:05 AM The mortgage REIT sector (MORT -1%) continues under pressure, today led by Western Asset Mortgage (WMC -7.6%) as its book value blew up in Q1 thanks to portfolio losses. American Capital Agency (AGNC -1.5%) - which started the downturn when it reported losses 2 weeks ago - nears a 52-week low, Armour Residential (ARR -3.1%) hits one. One trader suggests Capstead Mortgage (CMO -1.4%) with a portfolio of mostly reset ARMs the least affected by rising rates. CYS Investments (CYS -0.7%) - trading at a 10% discount to book and also owning ARMs - is attractive as well. 18 Comments [Financials, Quick Ideas]
Monday, May 13, 12:43 PM The mortgage REITs are lit up bright red (MORT -1.9%), again led by American Capital Agency (AGNC -3.5%) and American Capital Mortgage (MTGE -3%), with Annaly (NLY -3.1%) not far behind. Yes, the 10-year Treasury yield is a 3 bps higher, but there's also rare action in Fed Funds futures, now pricing in a whopping 50 bps in rate hikes by this time 2016. AGNC presents at the JMP Conference at 2 ET. 39 Comments [Financials, On the Move]
Friday, May 10, 2:39 PM Gary Kain-led American Capital Agency (AGNC -2.8%) and American Capital Mortgage (MTGE -2%) lead the decline in an all-red mREIT sector (MORT -1%) today, with AGNC taking out its post-earnings low from last week. On the earnings call, Kain said upward pressure on rates had cooled to start Q2 and book value was headed higher, but markets may not be cooperating. The 10-year yield is up 8 bps today to a near 2-month high. Others: Annaly (NLY -1.2%), Invesco (IVR -1.2%), MFA (MFA -1.8%), Western Asset (WMC -1.3%). 12 Comments [Financials, On the Move]
Monday, May 6, 9:50 AM More sell-side on the mREITS (MORT): Maxim keeps a Buy with $33 PT on AGNC expecting the annual dividend to be maintained at $5/share thanks to $1.08 of undistributed taxable income in the kitty (KBW agrees). Jefferies is cautious, calling AGNC's Q1 tale an example of how even a well-run mREIT can run afoul. "Price and extension risk inherent in agency MBS (NLY, HTS, CYS, CMO, ANH, ARR, WMC) today are risks most investors underestimate." 10 Comments [Financials]
Friday, May 3, 12:42 PM "Loving (the) mREIT (MORT -2%) pullback," says Tom Akin, who - in addition to being CEO of Dynex Capital (DX) - runs an income-focused hedge fund. A longtime bull on Newcastle Investment (NCT -0.5%), Akin says if it drops below $5 post the New Residential spinoff, it's the one to buy. In when-issued trading, NCT is at $5.10 (NRZ's at $6.67). 14 Comments [Financials, Quick Ideas]
Thursday, May 2, 9:35 PM Two Harbors greases its way further into the lucrative specialty servicer business, purchasing a company which has approvals from Fannie, Freddie, and Ginnie to hold and manage mortgage servicing rights. TWO will discuss the purchase and its implications in greater detail at its Q1 earnings call on Wed. May 8 at 9 ET. Shares -2.6% AH as all the mREITs (MORT -2.2% AH) get whacked on the AGNC news. Comment! [Financials]
Thursday, April 18, 11:17 PM Mortgage REITs (MORT) catch the eye of D.C., with the Financial Stability Oversight Council reportedly set to cite the industry as a potential source of market vulnerability. The companies have seen assets quadruple to over $400B since 2009, but Annaly (NLY) CEO Wellington Denahan notes their capital bases have risen as well. A Two Harbors (TWO) presentation (page 8) shows mREITs are relatively small players in the MBS market. Maybe the Fed and the GSEs just don't like the competition. Annaly and American Capital (AGNC) are the 2 biggest mREITs, with Two Harbors a distant 3rd. 42 Comments [Financials]
Wednesday, April 17, 1:01 PM Often a spot to hide during big selloffs, mortgage REITs (MORT -2.3%) slide sharply as well, particularly the hybrids (exposed to credit risk through non-agency MBS holdings). IVR -2.3%, TWO -3.3%, DX -2.5%. The sector giants: NLY -2.2%, AGNC -1.3%. One trader reminds mREITs are small caps and the Russell 2000 (IWM -2.2%) has been particularly hard hit of late. The 10-15% yields offer a nice palliative. 2 Comments [Financials, On the Move]
Friday, April 5, 10:10 AM Outperforming today (and one wonders why they aren't green) are the mortgage REITs, as the weak jobs number sends bond yields lower, and - presumably - their book values higher. NLY -0.6%, AGNC -0.8%, ARR -0.5%. CIM, CYS, and JMI just poke into positive territory. MORT -0.9%. 10 Comments [Financials]
Wednesday, April 3, 3:22 PM Leading the REIT market in performance with a 17.8% gain in Q1 were the mortgage REITs (REZ), according to NAREIT. The mREITs were pounded in Q4 on worries of narrowing interest margins and (likely unfounded) harping over higher dividend tax rates. The entire REIT sector continues to have little trouble raising capital - $22.6B in Q1, up from $19B in Q4. Comment! [Financials]
Thursday, March 28, 8:25 AM The explosion in assets at mREITs may pose risks, but not all of mortgage investors are created alike. Gary Kain's (AGNC) assembled an all-star team of his former Freddie Mac colleagues used to dealing with far larger amounts of assets, but "others have no business having a balance sheet that big," says Compass Point's Jason Stewart. Armour Residential (ARR) is "pushing the limit of what their infrastructure can support." 15 Comments [Financials]
Friday, March 22, 1:05 PM The mREITs are back in favor after the Fed's QE∞ hit interest margins in Q4. A widening yield curve helps, but managements weren't powerless either. Share buybacks below book and altered business plans - Annaly's purchase of CreXus for one, others upping exposure to non-agency RMBS another - are sitting well with investors. Up 2.1% today, NLY is trading above book for the first time in a long time. 2 Comments [Financials, On the Move]
Tuesday, February 19, 10:50 AM A "strategic shift" is afoot at the mortgage REITs, says Wunderlich's Merrill Ross, as the gorilla in agency MBS (the Fed) has some looking at assets like commercial mortgages and private label securitizations. Exhibit A is Annaly's (NLY) purchase of CreXus (CXS). "It's like the Yankees saying they are going to diversity out of baseball," says Jefferies' wary Daniel Furtado. 11 Comments [Financials]
Friday, February 15, 3:46 PM Mortgage REIT Orchid Island Capital (ORC) trades at $14.70 after its IPO last night at $15. The experience is similar to other mREIT IPOs - priced at book value and then a selloff in the first day of trade. The company is an agency MBS investor managed by Bimini (BMNK.PK) - a formerly-listed, now OTC-traded mREIT. Comment! [Financials]

eabyrd
REITs doing well today... $TWO $NLY $AGNC $IYR $REM $MORT
6/5/12
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Rubenov
MORT has a 35%+ monthly dividend... am i reading that right?
12/1/11
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Rubenov: I know it depends on lw interest rates to remain that way, but with the fed promise to do so till 2013, seems like an insane deal for divis
12/1/11
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Patrick Harden
Agency mREITs are a buy now that govt refi program is being limited to bank-held mtgs only and not MBS. Long MORT.
10/18/11
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Patrick Harden
The hell with the SEC...they looked at this issue in '92 also...I'm betting that the mortgage REITs survive to play another day...long MORT
9/2/11
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LATEST REPLIES

Rubenov
MORT has a 35%+ monthly dividend... am i reading that right?
12/1/11
Reply (1)

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View all 1 replies
Rubenov: I know it depends on lw interest rates to remain that way, but with the fed promise to do so till 2013, seems like an insane deal for divis
12/1/11
• !Report Abuse
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140 characters

MORT Market Vectors Mortgage REIT Income ETF

MORT

Market Vectors Mortgage REIT Income ETF