PMT - PennyMac Mortgage Investment Trust: A Switch To The 8.9% Yielding Baby Bond
2025-08-06 12:04:46 ET
Introduction
PennyMac Mortgage Investment Trust ( PMT ) is a real estate investment trust that specializes in investments surrounding the mortgage market, also known as an mREIT. The company’s shares are currently trading at a 52-week low as investors weigh current market risks against the probability of higher interest rates. Many investors may be sucked into PennyMac’s 13.5% dividend yield, but the company also offers attractive preferred share and baby bond options....
PennyMac Mortgage Investment Trust: A Switch To The 8.9% Yielding Baby Bond