ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN

  • Current Indicative Value
  • 07/02/2020 | 08:00 pm
  • USD 27.48
  • Current Spot Price USD 27.44
  • 07/02/2020 | 08:00 pm

Index Profile

Underlying Index MVIS US Mortgage REITs Index
Ticker symbol MVMORT

About the index

The MVIS US Mortgage REITs Index is a modified capitalization-weighted, float-adjusted index designed to give investors a means of tracking the overall performance of publicly-traded mortgage REITs that are listed and incorporated in the United States and derive at least 50% (25% for current Index components) of their revenues from mortgage-related activity. This includes REITs that are primarily engaged in the purchase or service of commercial or residential mortgage loans or mortgage-related securities. The Index is a price return index (i.e., the reinvestment of dividends is not reflected in the value of the Index). The Index was created in August 4, 2011 and has no live performance history prior to that date.

Index Historical Returns

Name 1 Month 3 Months 6 Months 1 Year 3 Years
MVIS US Mortgage REITs Index -9.02% 56.59% -46.84% -44.91% -50.87%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

*Historical Returns for the ETN are calculated on the basis of intraday indicative value.

Index Historical Returns presented are based on intraday levels.
The ETRACS ETNs are subject to investor fees. As a result, the return on the ETNs will always be lower than the total return on a direct investment in the Index or the Index constituents.

Constituent Weightings

Name Ticker symbol % Weight
Annaly Capital Management Inc NLY 16.93
American Capital Agency Corp AGNC 13.36
Starwood Property Trust Inc STWD 8.17
Blackstone Mortgage Trust Inc BXMT 6.13
New Residential Investment Corp NRZ 5.80
Hannon Armstrong Sustainable Infrastructure Capital Inc HASI 4.70
Pennymac Portgage Investment PMT 4.58
Chimera Investment Corp CIM 4.22
Two Harbors Investment Corp TWO 4.03
Trinity Merger Corp BRMK 3.69
Arbor Realty Trust Inc ABR 3.56
Apollo Commercial Real Estat ARI 3.41
MFA Financial Inc MFA 2.82
New York Mortgage Trust Inc NYMT 2.67
Ladder Capital Corp LADR 2.53
Colony Credit Real Estate Inc - A CLNC 1.74
Ellington Financial LLC (EFC) EFC 1.65
Invesco Mortgage Capital Inc IVR 1.58
Redwood Trust Inc RWT 1.53
ARMOUR Residential REIT Inc ARR 1.52
Kkr Real Estate Finance Trus KREF 1.37
Capstead Mortgage Corp CMO 1.10
Orchid Island Capital Inc ORC 0.99
Tpg Re Finance Trust Inc TRTX 0.98
Dynex Capital Inc DX 0.96

Source: MV Index Solutions GmbH, as of July 02, 2020.

Constituent Weightings