NYMT - NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust
2024-07-12 23:48:23 ET
Summary
- We take a look at the mortgage REIT NYMT and its lower risk strategy shift.
- The company has been growing its Agency allocation, which has significantly derisked its portfolio.
- NYMT recently issued a 2029 bond NYMTI which is trading at a 9.13% yield. We recently added the bond to our Income Portfolios.
...
NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust