24/7 Wall Street
14 Oct 2026, 08:27 UTC · 1h ago
Why a 10% Yield on REM Still Lost Investors Money: The Mortgage REIT Trap
Impact · against what's priced in
The article serves as a bearish warning on the structural risks of mortgage REITs, but provides no catalyst for a price change as the risks are well-known. For REM, the high yield is framed as a 'trap' that is offset by capital erosion, a dynamic that generally characterizes the asset class's long-term performance.
- REM−0.20
No priced-in read yet
- In context
The fund's 10.49% SEC yield is offset by a historical 2.08% annualized loss, illustrating a pattern of capital erosion that undermines high distributions.
Read from the article alone
