ETRACS Monthly Pay 2XLeveraged Mortgage REIT ETN (NYSEMKT:MORL)

CAPS Rating: 4 out of 5

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Member Avatar lsorren (< 20) Submitted: 7/22/2013 5:27:08 PM : Outperform Start Price: $17.43 MORL Score: +9.86

MORL offers massive dividends (2x MORT index). As mREITs recover from the unwarranted June 2013 selloff up to the real end of QE3, this ETN should increase in value while also providing a more than healthy dividend.

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Member Avatar panda72 (99.80) Submitted: 5/4/2013 9:30:40 PM : Outperform Start Price: $19.01 MORL Score: -18.15

Real money yield play. Yield has not met expectations but capital appreciation has greatly surprised. I ordinarily bet against leveraged instruments but this one is an exception. The tracking is monthly rather than daily so you only get hit with 12 yearly errors and I think very highly of the underlying mortgage REIT industry. Once the dividend stabilizes at something close to double the average of the big boys in REIT space, this should do very well.

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