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Picking Up The Pieces After the mREIT and ETRACs Catastrophe
Some have inquired as to how my 15%+ current yield constrained portfolio has done in the recent market collapse. The UBS ETRACS Monthly Pay 2X Leveraged Mortgage REIT ETN (MORL) and, later, UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B (MRRL) and Credit Suisse X-Links Monthly Pay 2x Leveraged Mortgage REIT ETN (REML) have been the primary instruments by which I have attempted to utilize my longer-term macroeconomic interest rate outlook that rates would stay lower for