The Case for Mortgage REITs |
October 31, 2015 | October 2015 Bond Updates |
2015 has been unkind to the mortgage REIT sector. The iShares Mortgage Real Estate Capped (REM), a basket of the largest and most actively traded mortgage REITs, is down a little over 8% year to date. Including the large dividend, that loss shrinks to about 4%. But it's been a rough ride, and I haven't seen any indication that it's over. This is every value investor's frustration: A cheap sector that just keeps getting cheaper. |
View more at: http://www.forbes.com/sites/charlessizemore/2015/10/30/the-case-for-mortgage-reits/ |
Related News |
|