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Mortgage REIT Income ETF MORT

  • Full Name: Market Vectors®
    Mortgage REIT Income ETF (MORT)

    Management Style: Replication

    Underlying Index: Market Vectors® Global Mortgage REITs Index (MVMORTTR)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVMORTTR is a rules based index intended to track the overall performance of publicly traded mortgage REITs.

  •  
      

    • Fund Ticker

      MORT
    • Exchange

      NYSE Arca
    • Commencement

      08/16/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVMORTTR
    • Index Rebalancing

      Monthly
  •  
    as of 10/21/14

    • 30-Day SEC Yield1

      10.45%
    • Total Net Assets

      $120.7M
    • Number of Holdings

      25
    • Options

      Expected
    • Gross Expense Ratio2

      0.60%
    • Net Expense Ratio/TER2

      0.41%
    • Distribution Frequency

      Quarterly
    • Next Distribution Date

      12/26/2014
  • Yields
    as of 10/21/14

    • 30-Day SEC Yield1

      10.45%
    • Distribution Yield1

      7.71%
    • 12-Month Yield1

      11.98%
     1 See Important Disclosure for definitions.
  • Key Points

    • High Dividend Yield Potential
      In recent years, yields from mortgage REITs have been higher than those of equity REITs and many income-oriented securities

    • Pure Mortgage REIT Exposure
      Tracks an index that offers pure play exposure to mortgage REITs

    • Industry in Transition
      Mortgage REITs may potentially stand to benefit from the evolving mortgage finance market but are sensitive to interest rate and regulatory changes
  • Trading Information

    • Fund Ticker

      MORT
    • Index Total Return Ticker

      MVMORTTR
    • NAV

      MORTNV
    • Intraday NAV (IIV)5

      MORTIV
    • Shares Outstanding

      4,950,000
    • Estimated Cash

      MORTEU
    • Total Cash

      MORTTC
    • CUSIP

      57060U324
    • ISIN

      US57060U3243
    5See IIV Details. Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.40%
    • Other Expenses

      0.20%
    • Acquired Fund Fees and Expenses

      --
    • Gross Expense Ratio

      0.60%
    • Fee Waivers and
      Expense Reimbursement

      -0.19%
    • Net Expense Ratio/TER2

      0.41%
    2Expenses for MORT are capped contractually at 0.40% until 09/01/15. Cap excludes certain expenses, such as interest. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio". See Important Disclosure for more information.
  • Prices as of 10/21/2014

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    MORT $24.38
    $24.39
    34,184
    21,198
    $0.18 / +0.76%
    $0.21 / +0.87%
    + 19.2%
    + 19.0%

    $0.01
    0.02%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    08/16/11
    MORT (NAV) -6.22 -4.54 19.42 13.02 13.72 -- -- 10.10
    MORT (Share Price) -6.25 -4.57 19.29 13.20 13.60 -- -- 10.11
    MVMORT (Index) -6.79 -5.28 9.83 9.93 10.29 -- -- 6.59
    Performance Differential (NAV - Index) 0.57 0.74 9.59 3.09 3.43 -- -- 3.51
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    08/16/11
    MORT (NAV) -6.22 -4.54 19.42 13.02 13.72 -- -- 10.10
    MORT (Share Price) -6.25 -4.57 19.29 13.20 13.60 -- -- 10.11
    MVMORT (Index) -6.79 -5.28 9.83 9.93 10.29 -- -- 6.59
    Performance Differential (NAV - Index) 0.57 0.74 9.59 3.09 3.43 -- -- 3.51
  • View All Holdings »Top 10 Holdings (%)as of 09/30/14

    Total Holdings: 25
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Annaly Capital Management Inc
    NLY US
    1,854,130
    19,802,10816.79
    American Capital Agency Corp
    AGNC US
    682,979
    14,513,30412.30
    Starwood Property Trust Inc
    STWD US
    426,311
    9,361,7907.94
    Northstar Realty Finance Corp
    NRF US
    456,779
    8,071,2856.84
    Two Harbors Investment Corp
    TWO US
    678,303
    6,559,1905.56
    Colony Financial Inc
    CLNY US
    247,754
    5,544,7354.70
    Chimera Investment Corp
    CIM US
    1,726,722
    5,249,2354.45
    Newcastle Investment Corp
    NCT US
    401,323
    5,088,7764.31
    Mfa Financial Inc
    MFA US
    621,925
    4,838,5774.10
    New Residential Investment Corp
    NRZ US
    723,358
    4,217,1773.57
    Top 10 Total (%)70.56
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 09/30/14

    • Country

      % of Net Assets
    • U.S.

      99.7
    • Other

      0.3
  • Currency Exposure (%)
    as of 09/30/14

    • U.S. Dollar

      99.72
    • Other

      0.28
    • Total

      100.00
  • Sector Weightings (%)
    as of 09/30/14

    • Sector

      % of Net Assets
    • Financial

      96.6
    • Consumer, Non-cyclical

      3.1
    • Other

      0.3