VanEck Mortgage REIT Income ETF (MORT)

NYSEARCA: MORT · Real-Time Price · USD
11.16
-0.20 (-1.76%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-1.76%
Assets $294.15M
Expense Ratio 0.43%
PE Ratio 6.79
Shares Out 26.20M
Dividend (ttm) $1.21
Dividend Yield 10.82%
Ex-Dividend Date Oct 1, 2024
Payout Ratio 73.41%
1-Year Return +16.25%
Volume 205,007
Open 11.34
Previous Close 11.36
Day's Range 11.16 - 11.34
52-Week Low 10.17
52-Week High 12.56
Beta 1.62
Holdings 26
Inception Date Aug 16, 2011

About MORT

Fund Home Page

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is issued by VanEck.

Asset Class Equity
Category Real Estate
Region North America
Stock Exchange NYSEARCA
Ticker Symbol MORT
ETF Provider VanEck
Index Tracked MVIS US Mortgage REITs

Top 10 Holdings

65.86% of assets
Name Symbol Weight
Annaly Capital Management, Inc. NLY 12.61%
AGNC Investment Corp. AGNC 11.78%
Starwood Property Trust, Inc. STWD 8.75%
Rithm Capital Corp. RITM 7.13%
HA Sustainable Infrastructure Capital, Inc. HASI 5.24%
Arbor Realty Trust, Inc. ABR 5.07%
Blackstone Mortgage Trust, Inc. BXMT 5.07%
Ladder Capital Corp LADR 3.53%
Chimera Investment Corporation CIM 3.43%
Ready Capital Corporation RC 3.25%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Oct 1, 2024 $0.3155 Oct 4, 2024
Jul 1, 2024 $0.2502 Jul 5, 2024
Apr 1, 2024 $0.3004 Apr 5, 2024
Dec 27, 2023 $0.3408 Dec 29, 2023
Oct 2, 2023 $0.3402 Oct 6, 2023
Jul 3, 2023 $0.2865 Jul 7, 2023
Full Dividend History

News

Canadian REITs: Higher Yield Up North

For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S...

4 weeks ago - Seeking Alpha

MORT: A Cyclical Rates Driven ETF

The VanEck Mortgage REIT Income ETF offers a high yield of 10.4%, but investors must understand its diverse composition and rates-driven nature. MORT includes a mix of Agency MBS REITs and real estate...

6 weeks ago - Seeking Alpha

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick c...

3 months ago - Seeking Alpha

MORT: A Levered Bet US Rates Have Peaked

The VanEck Mortgage REIT Income ETF has over 99% exposure to US mortgage REITs. MORT has underperformed the S&P 500 both in 2024 and on a three-year timeframe. This is in large part due to the 2022-20...

4 months ago - Seeking Alpha

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

5 months ago - Seeking Alpha

3 ETFs To Avoid, And Their Replacements

Some of the larger, more well-known ETFs have significant drawbacks and stronger peers. These include HYG, BIL, and MORT. A quick explanation of the shortcomings of these ETFs, and some stronger alter...

Other symbols: BILHYG
7 months ago - Seeking Alpha

MORT: The Risks Outweigh The Prospects

VanEck Mortgage REIT Income ETF provides exposure to mortgage real estate investment trusts (mREITs). mREITs as a whole are risky and have underperformed equity REITs in the long run. MORT has a conce...

7 months ago - Seeking Alpha

MORT: A High Dividend Yield Mortgage REIT, But With Red Flags

VanEck's Mortgage REIT Income ETF warrants a sell rating due to its poor performance, weak holdings, and high volatility. MORT has underperformed compared to peer REIT ETFs, with a low 10-year CAGR an...

10 months ago - Seeking Alpha

Yields Up To 9%: 3 Top Dividend Stocks For 2024

Preferred shares are today heavily discounted. As a result, they offer high dividend yields and upside potential. We present three of my favorite opportunities.

Other symbols: ABRGOODKREFPFFVNQ
11 months ago - Seeking Alpha

Construction Spending Rises

The history of construction spending since 1993 reveals that this data tends to weaken prior to recessions. For a recent dip in Residential Construction attributed to the rise in mortgage rates, this ...

1 year ago - Seeking Alpha

MORT: No Real Compelling Case To Buy

The VanEck Mortgage REIT Income ETF is difficult to justify in a portfolio due to high interest rates and a looming recession. The MORT ETF offers investors exposure to mortgage REITs, but its perform...

1 year ago - Seeking Alpha

I Sold My Mortgage REITs

I am bullish on REITs. But not all REITs. Mortgage REITs are a good example of that. I present 5 reasons why I tend to avoid mortgage REITs.

Other symbols: BXMTNLYOSTWDVNQ
1 year ago - Seeking Alpha

BIZD Vs. MORT: All High Income Choices Are Not The Same

BIZD is an ETF which holds BDCs. MORT is an ETF focused on mortgage REITs. Both offer double-digit yields.

Other symbols: BIZD
1 year ago - Seeking Alpha

Fed Looms Over New 'Bull Market'

U.S. equity markets climbed to their highs of the year as investors took positions ahead of a critical slate of inflation data and an anticipated "pause" in the Fed's rate hike cycle.

1 year ago - Seeking Alpha

Wall Street is divided on the outlook for US house prices. Here's what 6 experts have recently said.

Wall Street experts differ in their outlooks for America's housing market.  Wharton professor Jeremy Siegel, real estate tycoon Jeff Greene, and others have warned that home prices will drop, while ot...

1 year ago - Business Insider

The Dark Side Of Mortgage REITs

Mortgage REITs lure a lot of investors with their 10%+ dividend yields. But these high yields come with significant risks. Over time, mREITs have earned very poor returns for their shareholders, and I...

Other symbols: BXBXMTKKRNLYVNQ
1 year ago - Seeking Alpha

MORT: Little Reason To Expect Strong Returns In The Future

Mortgage REITs are highly popular with investors looking for income. This fund seems to underperform both in terms of share price appreciation and total return.

1 year ago - Seeking Alpha

Industrial REITs: We Love Logistics

No slowdown here. After the worst year of performance on record in 2022, Industrial REITs have rebounded this year after earnings results showed a surprising re-strengthening of property-level fundame...

Other symbols: AWPBLDGBXCBRECOLDEGPFR
1 year ago - Seeking Alpha

5 Dividend Yields From 7% To 16%

The big yields in these shares will draw in many investors. Huge dividend increases may be required when floating rates kick in. We're including my largest position.

1 year ago - Seeking Alpha

Storage Wars

Storage REITs are the best-performing property sector this year after lagging in late 2022, lifted by surprisingly solid earnings results and a thawing of the previously icy-cold housing market. Stora...

1 year ago - Seeking Alpha

Extreme Market Failure In The Mortgage REIT Sector

Wild swings in relative share prices leads to a dramatic change in relative values. Exploiting these opportunities enhances total returns and dividend income over time.

1 year ago - Seeking Alpha

Yields Plunge, REITs Crater

Tired of hearing "rates up, REITs down?" Same here. There are more factors to consider. Treasury yields are falling as more investors recognize the death of inflation and call for rates to be cut by t...

Other symbols: AREAVBCIMCPTESSKBWYPFF
1 year ago - Seeking Alpha

12% To 16% Dividend Yields At 17% To 64% Below Book Value

Big discounts to book value are delivering large dividend yields. The plunge in the market since early February created far more opportunities.

Other symbols: AGNCBXMTDXKBWYNLYPFFRC
1 year ago - Seeking Alpha

MORT: 2 Headwinds Facing Mortgage REITs

The MORT ETF provides exposure to mortgage REITs. MREITs primarily invest in mortgages and mortgage-backed securities. MREITs typically hedge interest rate exposure and provide levered returns to mort...

1 year ago - Seeking Alpha

Big Opportunity For Big Yields

The massive beatdown in mortgage REITs and BDCs triggered a wave of upgrades. It was quite a while since we had so many bullish outlooks for the sector.

1 year ago - Seeking Alpha