- Several good options are still available in mortgage REIT preferred shares.
- The preferred shares from NYMT are a great example. We see attractive valuations, though some are a bit more attractive than others.
- There are two fixed-rate options: NYMTO and NYMTP. There also are two Fixed-to-Floating choices with call protection: NYMTM and NYMTN.
- We find the most attractive options are NYMTM, NYMTO, and NYMTP. Shares of NYMTN are just a little bit less attractive based on recent prices.
For further details see:
Only 8% Yields Or Higher From New York Mortgage Trust Preferred Shares