the ubs etracs monthly pay 2x leveraged mortgage reit etn (nysearca: morl) has a trailing 12-month dividend yield of 20.46% as of aug. 16, 2016. since dividend yields are crucial to some market participants, investors may be highly attracted to the exchange-traded note (etn).
the ubs etracs monthly pay 2x leveraged mortgage reit etn (nysearca: morl) has a trailing 12-month dividend yield of 20.46% as of aug. 16, 2016. therefore, the etn carries credit risk, which relies on the credit worthiness of ubs, and any of the payments made on morl depend on the ability of ubs to satisfy its debt obligations. since the etn is a monthly leveraged product, morl aims to provide twice the monthly price and yield performance of its underlying index.the mvis global mortgage reits index is a market capitalization-weighted index that tracks the performance of the most liquid global mortgage real estate investment trust (reit) companies that derive at least 50% of their revenues for mortgage-related businesses.
however, the etn’s ability to offer a dividend yield above 20% is primarily due to its leverage. morl pays out a substantial dividend every quarter, typically ending in the months of january, april, july and october. however, during the two months in between the large quarterly dividend payments, it pays a smaller dividend.
the etracs monthly pay 2xleveraged mortgage reit etn (nyse: morl) (“morl” or the “etn”) is an exchange traded note linked to the monthly compounded 2x leveraged performance of the mvis® global mortgage reits index (the “index see the upcoming ex dividend date and dividend history for etracs monthly pay 2x leveraged mortgage reit etn (morl). etracs monthly pay 2xleveraged mortgage reit etn pays a “too-good-to-be-true” dividend. ubs etracs monthly pay 2xleveraged mortgage reit etn (nysearca:morl) is thought to be a “too good to be true” investment, with extremely high dividend yield. i recently came across a stock with a 25% dividend yield — great, right? monthly pay 2x leverage mortgage reit etn (nysemkt:morl). morl’s dividend yield, history, payout ratio, proprietary dars™ rating and much more! morl holdings, morl news, cefl dividend history, morl dividend 2017, morl dividend pay dates, morl morningstar, mrrl dividend, morl dividend yield
similarly, in 2016, the etn had high distributions in january, april and july, and it is expected to pay out a high dividend in october.