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Why Annaly and AGNC make REM's 9.55% yield more durable than it looks

Capital Returns (Dividends / Buybacks)Housing & Real EstateInterest Rates & YieldsCompany Fundamentals

The iShares Mortgage Real Estate ETF (NYSEARCA:REM) offers a 9.55% dividend yield and is fully concentrated in mortgage REITs. The article is a straightforward description of the fund’s income profile and sector exposure, with no new catalyst or policy development. The main takeaway is the high yield paired with concentrated real estate credit/rate sensitivity.

Analysis

The iShares Mortgage Real Estate ETF (NYSEARCA:REM) offers a 9.55% dividend yield and is fully concentrated in mortgage REITs. The article is a straightforward description of the fund’s income profile and sector exposure, with no new catalyst or policy development. The main takeaway is the high yield paired with concentrated real estate credit/rate sensitivity.

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