VanEck Mortgage REIT Income ETF (MORT)
| Assets | $290.75M |
| Expense Ratio | 0.43% |
| PE Ratio | 8.83 |
| Shares Out | 26.65M |
| Dividend (ttm) | $1.21 |
| Dividend Yield | 10.96% |
| Ex-Dividend Date | Oct 1, 2024 |
| Payout Ratio | 97.04% |
| 1-Year Return | -10.78% |
| Volume | 711,714 |
| Open | 10.79 |
| Previous Close | 10.80 |
| Day's Range | 10.75 - 11.11 |
| 52-Week Low | 10.31 |
| 52-Week High | 12.56 |
| Beta | 1.61 |
| Holdings | 27 |
| Inception Date | Aug 16, 2011 |
About MORT
Fund Home PageThe 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.
Top 10 Holdings
66.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Annaly Capital Management, Inc. | NLY | 13.70% |
| AGNC Investment Corp. | AGNC | 12.32% |
| Starwood Property Trust, Inc. | STWD | 8.57% |
| Rithm Capital Corp. | RITM | 7.32% |
| Blackstone Mortgage Trust, Inc. | BXMT | 5.02% |
| Arbor Realty Trust, Inc. | ABR | 4.79% |
| HA Sustainable Infrastructure Capital, Inc. | HASI | 4.15% |
| Ladder Capital Corp | LADR | 3.70% |
| Ready Capital Corporation | RC | 3.34% |
| Chimera Investment Corporation | CIM | 3.13% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2024 | $0.316 | Oct 4, 2024 |
| Jul 1, 2024 | $0.250 | Jul 5, 2024 |
| Apr 1, 2024 | $0.300 | Apr 5, 2024 |
| Dec 27, 2023 | $0.341 | Dec 29, 2023 |
| Oct 2, 2023 | $0.340 | Oct 6, 2023 |
| Jul 3, 2023 | $0.287 | Jul 7, 2023 |
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...
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...
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...
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...
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...
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...
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...
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.
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...
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.
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...
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...
