Invesco Mortgage (IVR) also receives a “B” for its fundamentals. This REIT has an extra advantage in that it owns turnaround specialist WL Ross, which shares research with its parent. When buying mortgages in the current environment, it really helps to have a distressed investment firm as a research and investing partner. Once again, you should wait for the selling pressure to recede, but with a yield of more than 12% this could eventually be a solid high-yield holding.
- Poll of the Day