MORT
VanEck Mortgage REIT Income ETF
MORT
VanEck Mortgage REIT Income ETF
-
NAV
$11.18
as of June 02, 2023 -
YTD RETURNS
0.07%
as of June 02, 2023 -
Total Net Assets
$195.57M
as of June 02, 2023 -
Total Expense Ratio
0.41% -
Inception Date
08/16/2011
MORT Fees & Expenses: Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least September 1, 2023. “Other Expenses” have been restated to reflect current fees.
Fund Description
The VanEck 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.
Overview
Fund Highlights
- 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