iShares FTSE NAREIT Mortg.REITIn Fd(ETF) (AMEX:REM)
Exchange traded fund
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DivMo for the summer doldrums.
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As the economy begins to improve and the asset values return to "normal", this ETF has the potential to outperform the market.
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This stock has not been good to me. Looking to sell at a loss and get out before I lose more.
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Real Estate ETF - high yield
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Fundamentals in REITS tend to lag a recovery in the economy and there is considerable uncertainty in terms of the total capacity in the credit markets relative to upcoming maturities.
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TOP 10 HOLDINGS ( 92.41% OF TOTAL ASSETS)
ANNALY CAPITAL MANAG NLY 30.1
MFA FINANCIAL INC. MFA 14.89
CAPSTEAD MTG CP NEW CMO 10.06
HATTERAS FINL CPRP HTS 9.26
REDWOOD TR INC RWT 7.31
ANWORTH MTG ASSET CP ANH 6.27
CHIMERA INVESTMENT CIM 5.07
American Capital Agency Corp. AGNC 4.24
CARE INVESTMENT TR CRE 2.83
NORTHSTAR RLTY FIN NRF 2.38
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OK, huge down day....yeah maybe TMA goes Bankrupt, but the rest of these guys are pretty decent.
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