BATS:REM

24.88
0.29 (1.18%) 1d
0
PAST TOP PICK
(A Top Pick Sep 26/19, Down 30%) He bought more in the March trough. Performance has been disappointing. Still holds a small position. It bounced back partly since March. The value and expectations in mortgage REITs is so low now, so he still holds a small position of this. This is trading well below book value. Pays an 11% dividend, so higher-risk, but continue to hold it.
E.T.F.'s

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PAST TOP PICK
(A Top Pick Sep 26/19, Up 13%) A unique kind of ETF--mortgage REITs don't own physical property, but borrow short and lend long to mortgage-backed securities. The lifeblood of mortgage REITs is a positive yield curve. REM is a bet on a steepening yield curve. Great for income seekers.
E.T.F.'s
TOP PICK
He still like this. Bond markets are hitting record lows with the 10-year yield. The Fed could drop rates in a surprise move; Powell is more pro-active now to cut rates. The lifeblood of mortgage REITs is a steepening yield curve. Meanwhile, you collect a nice dividend of 7.87%.
E.T.F.'s
PARTIAL SELL

There is nothing in the mortgage world that pays this kind of rate. You could own it if you are seeking yield but you won’t get a lot of growth in the next couple of years. Add at $40 and sell at $44

E.T.F.'s
BUY
In a registered or non-registered account? Registered to avoid paying the government anything. Real estate has had a nice move lately, given low rates. This will be fine. European money has been moving to America from Europe where interest rates are negative.
E.T.F.'s
TOP PICK
It does not hold physical properties. Companies borrow short and lend back long into mortgage backed securities. He feels short rates will be kept down and the long end will start to rise. Mortgage defaults are really low right now. The yield is about 8.9% right now.
E.T.F.'s
COMMENT

This is a really interesting ETF. Yields 11%-13%. It is not a standard REIT in terms of bricks and mortar, but it is a mortgage REIT. He didn't know how you could have this kind of yield without some unstated risk. There is no return of capital so that doesn't apply. The structure of this allows them to play a lot of interesting games in terms of the kinds of credit they will accept. For example, some unrated loans, construction loans, bonds, etc. As a result, there is a higher risk profile on this, but they have managed it pretty well. However, it is quite volatile, so you have to be prepared for this. Do not use this as your core retirement fund.

E.T.F.'s
PARTIAL BUY

This is a US REIT that holds commercial and residential mortgage companies. There are 2 companies that hold about 38% of this. One is Annaly Capital (NLY-N) and the other is American Capital Agency (AGNC-Q). Huge yield of 11.89%, only because the share price has dropped from $60-$37 a few years ago. There is some risk here. He could see taking a small position.

E.T.F.'s
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iShares Mortgage Plus ETF(REM-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for iShares Mortgage Plus ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares Mortgage Plus ETF(REM-N) Frequently Asked Questions

What is iShares Mortgage Plus ETF stock symbol?

iShares Mortgage Plus ETF is a American stock, trading under the symbol REM-N on the BATS Global Markets (REM). It is usually referred to as AMEX:REM or REM-N

Is iShares Mortgage Plus ETF a buy or a sell?

In the last year, there was no coverage of iShares Mortgage Plus ETF published on Stockchase.

Is iShares Mortgage Plus ETF a good investment or a top pick?

iShares Mortgage Plus ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Mortgage Plus ETF.

Why is iShares Mortgage Plus ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares Mortgage Plus ETF worth watching?

0 stock analysts on Stockchase covered iShares Mortgage Plus ETF In the last year. It is a trending stock that is worth watching.

What is iShares Mortgage Plus ETF stock price?

On 2022-11-22, iShares Mortgage Plus ETF (REM-N) stock closed at a price of $24.88.