NLY - Top Notch mREIT 12.5% Yield: Dynex Capital
2024-05-14 07:35:00 ET
Summary
- I don't like to put all my bets in one place.
- With the MBS sector ripe for recovery, I am approaching it via three positions.
- We dive into a third pick and why it is included with my other Agency MBS holdings.
Co-authored Treading Softly
When approaching a problem, it's best to have multiple strategies at hand, as relying solely on one plan can often lead to failure. Leaving your options open can benefit you, but only if you don't leave them open for too long. It's important to be patient, but we shouldn't let analysis paralyze us. I've been very open about my viewpoints on where I think agency MBS is going. I also have been very open about my favorite picks in this sector. In recent weeks, we have discussed AGNC Investment Corp . ( AGNC ) and Annaly Capital Management ( NLY )....
Top Notch mREIT, 12.5% Yield: Dynex Capital