$21.91 -0.03 (-0.14%)
11/25/2009 4:04 PM

Invesco Mortgage Capital (IVR)

CAPS Rating: 5 out of 5

Recs

1
Member Avatar aracer (99.65) Submitted: 6/29/2009 8:54:52 AM : Outperform Start Price: $18.67 IVR Score: -3.40

IVR is a REIT, focused on purchasing and investing in mostly residential (and some commercial) mortgage-backed securities and loans. Since RMBS look like poison to most investors, and the value of RMBS have begun to stabilize, there is opportunity here. Invesco has a depth of experience in the sector and claims a highly selective acquisition process. For CAPS, with a good dividend attached, IVR is attractive.

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