New York Mortgage Trust, Inc.

Frequently Asked Questions About NYMT

What does NYMT invest in?

New York Mortgage Trust, Inc. is a company primarily engaged in obtaining, funding, overseeing, and investing in a variety of residential mortgage-related assets, spanning both single-family and multi-family properties within the United States. Its comprehensive investment strategy covers a broad spectrum of instruments, including different types of residential loans (such as second mortgages and loans for business purposes), structured investments in multi-family properties (like preferred equity stakes, mezzanine financing for property owners, and joint venture equity contributions), and various mortgage-backed securities. These securities include both government-backed (agency) and non-government-backed (non-agency) residential mortgage-backed securities (RMBS), as well as commercial mortgage-backed securities (CMBS). The company's portfolio also extends to other credit and housing-related assets. Operating as a Real Estate Investment Trust (REIT) for federal tax purposes, the company can typically avoid federal corporate income taxes, provided it distributes at least 90% of its taxable profits to its shareholders. New York Mortgage Trust, Inc. was founded in 2003 and maintains its principal offices in New York, New York.

What is the expense ratio of NYMT?

An expense ratio for New York Mortgage Trust, Inc. (NYMT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is NYMT?

New York Mortgage Trust, Inc. (NYMT) manages $642.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NYMT actively managed or an index fund?

NYMT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NYMT launched?

New York Mortgage Trust, Inc. (NYMT) launched in July 2004 and is managed by the fund issuer.

How has NYMT performed?

NYMT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.