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MORTVanEck Vectors Mortgage REIT Income ETF
Fund Description
The VanEck Vectors® Mortgage REIT Income ETF (MORT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Mortgage REITs Index (MVMORTTG), which is intended to track the overall performance of U.S. mortgage real estate investment trusts.
-
Fund Ticker
MORT -
Exchange
NYSE Arca -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MVMORTTG -
Index Rebalancing
Quarterly
as of 01/20/21
-
30-Day SEC Yield1
9.08% -
Total Net Assets
$247.7M -
Number of Holdings
25 -
Options
Expected -
Gross Expense Ratio2
0.50% -
Net Expense Ratio/TER2
0.41% -
Distribution Frequency
Quarterly
Key Points
- High Dividend Yield Potential
Yields from mortgage REITs have historically been higher than those of equity REITs and many income-oriented securities
- Comprehensive Mortgage Finance Exposure
Mortgage REITs provide exposure to mortgage investments ranging from agency MBS to commercial loan origination to mortgage servicing rights
- 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
Yield
as of 01/20/21
-
30-Day SEC Yield1
9.08% -
Distribution Yield1
8.37% -
12-Month Yield1
8.04%
Fees & Expenses2
-
Management Fee
0.40% -
Other Expenses
0.10% -
Acquired Fund Fees and Expenses
-- -
Gross Expense Ratio
0.50% -
Fee Waivers andExpense Reimbursement
-0.09% -
Net Expense Ratio/TER2
0.41%
Trading Information
-
Fund Ticker
MORT -
Index Total Return Ticker
MVMORTTG -
NAV
MORTNV -
Intraday NAV (IIV)4
MORTIV -
Shares Outstanding
14,650,000 -
Estimated Cash
MORTEU -
Total Cash
MORTTC -
CUSIP
92189F452 -
ISIN
US92189F4524
Prices as of 01/20/21
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) | 4.15 | 23.08 | -21.89 | -21.89 | -3.23 | 5.67 | -- | 5.41 |
MORT (Share Price) | 4.30 | 23.23 | -21.69 | -21.69 | -3.22 | 5.61 | -- | 5.42 |
MVMORTTG (Index) | 6.43 | 25.97 | -22.35 | -22.35 | -3.13 | 5.90 | -- | 6.09 |
Performance Differential (NAV - Index) | -2.28 | -2.89 | 0.46 | 0.46 | -0.10 | -0.23 | -- | -0.68 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 08/16/11 |
|
---|---|---|---|---|---|---|---|---|
MORT (NAV) | 4.15 | 23.08 | -21.89 | -21.89 | -3.23 | 5.67 | -- | 5.41 |
MORT (Share Price) | 4.30 | 23.23 | -21.69 | -21.69 | -3.22 | 5.61 | -- | 5.42 |
MVMORTTG (Index) | 6.43 | 25.97 | -22.35 | -22.35 | -3.13 | 5.90 | -- | 6.09 |
Performance Differential (NAV - Index) | -2.28 | -2.89 | 0.46 | 0.46 | -0.10 | -0.23 | -- | -0.68 |
Top 10 Holdings (%) as of 12/31/20 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
ANNALY CAPITAL MANAGEMENT INC |
NLY US
|
3,958,511
|
33,449,418 | 13.75 | |
AGNC INVESTMENT CORP |
AGNC US
|
1,543,542
|
24,079,255 | 9.90 | |
STARWOOD PROPERTY TRUST INC |
STWD US
|
825,395
|
15,930,124 | 6.55 | |
HANNON ARMSTRONG SUSTAINABLE INFRASTRUC |
HASI US
|
220,741
|
14,001,602 | 5.76 | |
NEW RESIDENTIAL INVESTMENT CORP |
NRZ US
|
1,272,215
|
12,645,817 | 5.20 | |
BLACKSTONE MORTGAGE TRUST INC |
BXMT US
|
429,187
|
11,815,518 | 4.86 | |
CHIMERA INVESTMENT CORP |
CIM US
|
1,126,520
|
11,546,830 | 4.75 | |
ARBOR REALTY TRUST INC |
ABR US
|
773,907
|
10,974,001 | 4.51 | |
MFA FINANCIAL INC |
MFA US
|
2,820,958
|
10,973,527 | 4.51 | |
PENNYMAC MORTGAGE INVESTMENT TRUST |
PMT US
|
622,577
|
10,951,129 | 4.50 | |
Top 10 Total (%) | 64.29 |
Country Weightings (%) as of 12/31/20
-
Country
% of Net Assets -
■
United States
100.09 -
■
Other/Cash
-0.09
Currency Exposure (%)
as of 12/31/20
-
U.S. Dollar
100.09 -
Other/Cash
-0.09
Sector Weightings (%) as of 12/31/20
-
Sector
% of Net Assets -
■
Financials
100.1 -
■
Other/Cash
-0.1