CMO - 2 Recession-Resilient Preferreds With Yields Up To 8%
Co-produced with Beyond Saving and PendragonY for High Dividend Opportunities
Introduction
We continue to search for opportunities that will thrive in a declining interest rate environment, while also providing stability in income in the event of a recession.
We previously discussed New York Mortgage Trust (NYMT) as an opportunity to take advantage of the strong underlying fundamentals of the residential mortgage sector. NYMT focuses on non-agency mortgage-backed securities. Given the strength of the fundamentals, we believe the sector is undervalued and as interest rates decline, it will get even stronger.
Today, we look