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RWXL

UBS continued to expand its suite of income-oriented products this week by debuting an ETN that will offer monthly leveraged exposure to an index consisting of mortgage REITs. The new ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN (MORL) will offer 2x monthly exposure to the Market Vectors Global Mortgage REITs Index, a benchmark that includes companies such as Annaly Capital Management and American Capital Agency. That same benchmark is already linked to a Van Eck product, MORT, which offers non-leveraged exposure in an ETF wrapper.  [click to continue…]

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Investor interest in dividend-paying stocks has generally surged over the past two years, as the combination of climbing volatility and record low interest rates has sent investors flocking towards equities that offer meaningful current returns. The vehicle of choice for many pursuing this objective has been ETFs; there are now some four dozen exchange-traded products that target dividend stocks, with billions of dollars in AUM between them.

Many “dividend ETFs” feature yields that are not substantially greater than broad-based equity products. The Vanguard Dividend Appreciation ETF (VIG), for example, has an annual dividend yield barely north of 2%–and roughly in line with the S&P 500 [ETFdb Pro members can access the Monthly Dividend ETFdb Portfolio]. [click to continue…]

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The ETF industry slowed down its pace in March, showing moderate levels of activity on the product development front. After a busy February, this month saw the debut of only 14 new funds; however, investors were introduced to two new first-to-market products, including an emerging market corporate bond fund as well as an ETF that […]

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UBS continued to expand its lineup of monthly leveraged ETPs this month, debuting a product that is designed to deliver amplified exposure to international real estate firms. The new Monthly Pay 2x Leveraged Dow Jones International Real Estate ETN (RWXL) will deliver leveraged exposure to a benchmark that consists of REITs from around the world, […]

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