NYMTZ

New York Mortgage Trust 7.000% Series G Cumulative Redeemable Preferred Stock $0.01 par value per share
NYMTZ

$21.29

0.93%

About: New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.

Employees: 79

Financials Real Estate Investment Trusts

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Funds holding %

of 6,728 funds

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Analysts bullish %

Fund manager confidence

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We haven’t received any recent analyst ratings for NYMTZ.

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Financial journalist opinion

Gauging Distribution Winners And Losers In The Next Rate Cycle

The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as valuation changes can significantly affect portfolio wealth. BDCs, despite holding floating-rate assets, offer high dividend coverage and income diversification, making them attractive even in a rate-cutting cycle.

Gauging Distribution Winners And Losers In The Next Rate Cycle

New Preferred Stock And Exchange Traded Debt IPOs, July 2024

New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings. Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.

New Preferred Stock And Exchange Traded Debt IPOs, July 2024

Preferreds Weekly Review: Tight Spreads Drive Bond Issuance

We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.

Preferreds Weekly Review: Tight Spreads Drive Bond Issuance

Preferreds Weekly Review: Funds Vs. Individual Preferreds Debate

We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. Preferreds rallied for another week, closing in on a 10% total return for the year. We touch on the debate of whether it makes sense to hold preferreds funds or allocate to individual preferreds.

Preferreds Weekly Review: Funds Vs. Individual Preferreds Debate

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