Van Eck Global has introduced the Market Vectors Mortgage REIT Income ETF (ticker: MORT).
“Yields from mortgage REITs have been higher in recent years than those provided by equity REITs and a number of other income-oriented products,” said Jans van Eck, a principal of the firm. “We’re please to bring out MORT, an ETF which we think could be a valuable portfolio-building tool for yield-focused investors in this low-yield environment.”
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