ETF Spotlight on the iShares FTSE NAREIT Mortgage REITs Index Fund (NYSEArca: REM), part of an ongoing series.
Assets: $439.4 million.
Objective: The iShares FTSE NAREIT Mortgage Plus Capped Index Fund tries to reflect the performance of the FTSE NAREIT All Mortgage Capped Index, which is comprised of U.S. residential and commercial mortgage real estate stocks.
Holdings: Top holdings include: Annaly Capital Management 22.7% (NYSE: NLY), American Capital Agency Corp 17.1% (NasdaqGS: AGNC), Starwood Property Trust (NYSE: STWD) 4.5%, Chimera Investment Corp (NYSE: CIM) 4.5% and Invesco Mortgage Capital (NYSE: IVR) 4.5%.