Symbols

MORT

VanEck Mortgage REIT Income ETF·NYSE

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Key Stats

Assets Under Management

381.10MUSD

Fund Flows (1Y)

87.90MUSD

Dividend Yield

12.42%

Discount/Premium to NAV

-0.09%

Shares Outstanding

35.80M

Expense Ratio

0.42%

About VanEck Mortgage REIT Income ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/mortgage-reit-income-mort/overview/

Inception Date

Aug 16, 2011

Structure

Open-Ended Fund

Index Tracked

MVIS US Mortgage REITs Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Van Eck Associates Corp.

Distributor

Van Eck Securities Corp.

MORT is a fairly straightforward portfolio of mortgage REITs, with an expense ratio that's lower than the other mortgage REIT-based ETF in the segment, REM. However, MORT's weaker liquidity detracts from its low-fee advantage. True to its name, MORT doesn't stray far from REITs. MORT looks a lot like our segment benchmark, including heavy concentration in the top two names. Overall, it's a great choice for exposure but access is less than perfect.