iShares CMBS ETF

CMBS tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year.

American Healthcare REIT Inc

ARMOUR Residential REIT

AvalonBay Communities

JPMorgan BetaBuilders MSCI US REIT ETF

Blackstone Group

Chatham Lodging Trust

Camden Property

CTO Realty Growth

Easterly Government Properties

Douglas Emmett

Diversified Healthcare Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Ellington Financial

Equity Residential

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Franklin Street Properties Corp.

Host Hotels & Resorts

iShares Cohen & Steers REIT ETF

Industrial Logistics Properties

InvenTrust Properties Corp

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

iShares MBS ETF

AG Mortgage Investment Trust

VanEck Mortgage REIT Income ETF

Medical Properties Trust

Neuberger Berman Real Estate Securities Income Fund Inc

Office Properties Income Trust

Alpine Income Property Trust

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Rexford Industrial Realty

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

Seven Hills Realty Trust

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

Strawberry Fields REIT Ltd

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

Real Estate Select Sector SPDR Fund

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.

Eyes On The ECB

AGNC Investment

Boston Properties

Crown Castle International

Dynex Capital

Equity LifeStyle Properties

Empire State Realty Trust

Jones Lang LaSalle

Orchid Island Capital

U.S. equity markets notched another week of gains after a busy slate of economic data and corporate earnings results were broadly consistent with a "soft landing" trend for the domestic economy. Ahead of the Federal Reserve's first policy meeting of 2024, the FOMC's favored inflation gauge - Core PCE - showed a "2-handle" for the first time in nearly two years. Notching a series of record highs through the week, the S&P 500 advanced 1.2%, extending its impressive rally since late October to 12 of the past 13 weeks.

Fed Looms As Earnings Begin

American Tower

Prologis

Real estate earnings season kicked into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. The sector with perhaps the most to gain from moderating inflation and a normalization in Fed monetary policy, REITs enter earnings season with upside momentum after a dismal eighteen-month stretch. Sentiment and macroeconomic conditions have improved significantly in the past quarter, fueled by several months of encouraging inflation data pointing once again towards a "soft landing" for the domestic economy.

REIT Earnings Preview: Animal Spirits Revived?

Agree Realty

Apple Hospitality REIT

Farmland Partners

First Industrial Realty Trust

Hannon Armstrong Sustainable Infrastructure Capital

iShares Mortgage Real Estate ETF

Rithm Capital Corp

Sculptor Capital Management

Tanger Factory Outlet Centers

SL Green Realty

Sun Communities

Terreno Realty

U.S. equity markets remained turbulent while benchmark interest rates retreated as investors weighed shocking geopolitical developments in the Middle East against inflation data showing an energy-driven reacceleration in price pressures. Posting a second week of modest gains following a four-week skid, the S&P 500 advanced 0.5%, but gains remained "top-heavy." The Mid-Cap 400 and Small-Cap 600 each posted weekly declines.

Different World, Same Problems

iShares MSCI All Country Asia ex Japan ETF

SmartETFs Asia Pacific Dividend Builder ETF

iShares Core U.S. Aggregate Bond ETF

WisdomTree Barclays Yield Enhanced U.S. Aggregate Bond Fund

iShares Asia 50 ETF

ARK Innovation ETF

Global X FTSE Southeast Asia ETF

Avantis Core Fixed Income ETF

Avantis U.S. Small Cap Value ETF

JPMorgan BetaBuilders Developed Asia EX-Japan ETF

JPMorgan BetaBuilders Europe ETF

Vanguard Intermediate-Term Bond ETF

Vanguard Total Bond Market ETF

FlexShares Core Select Bond Fund

PIMCO Active Bond ETF

iShares Yield Optimized Bond ETF

Asian Growth CUBS ETF

Xtrackers MSCI Europe Hedged Equity ETF

Xtrackers MSCI Eurozone Hedged Equity ETF

WisdomTree Europe SmallCap Dividend Fund

iShares Asia/Pacific Dividend ETF

iShares ESG Aware US Aggregate Bond ETF

iShares MSCI Emerging Markets Asia ETF

Global ETF Market Facts: 3 Things To Know From Q2 2023

The primary issue is related to the much covered issue that commercial real estate isn't too safe right now, and has further complications on the horizon. Thankfully, at least relative to MBS, negative convexity is less of a problem, and some oblique risks on the heels of the SVB collapse won't kick in. But with the added issue that there are still duration risks given the current economic setup, we think it is still best to stay away from CMBS.

CMBS: Better Than MBS On One Hand, Worse On The Other

Bank of Hawaii

Prudential Financial

Navigating the financial sector's tumultuous waters has been incredibly challenging, especially with the unexpected collapse of Silicon Valley Bank in March. This event has cast a long shadow over the sector, causing bank shares to struggle and putting Wall Street on high alert.

3 Financial Services Stocks to Avoid Like the Plague

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

American Homes 4 Rent

Alexandria Real Estate Equities

Alpine Global Premier Properties Fund

Bed Bath & Beyond

Cambria Global Real Estate ETF

Blackstone Mortgage Trust

CubeSmart

Digital Realty Trust

Equinix

Essex Property Trust

Invesco S&P 500 Equal Weight Real Estate ETF

Extra Space Storage

REIT Earnings Preview: When The Tide Goes Out.

REIT Earnings Preview: When The Tide Goes Out

Arbor Realty Trust

Ares Commercial Real Estate

BrightSpire Capital

Centerspace REIT

Cousins Properties

iPath Bloomberg Commodity Index Total Return ETN

U.S. equity markets oscillated forcefully while interest rates plunged this week as contagion from a pair of mid-sized bank collapses spread to other lenders while authorities scrambled to contain the fallout. On brand with the "March Madness" theme this week, the S&P 500 seesawed between gains and losses in each session but ultimately ended the week higher by 1.1%.

Fed Fights 'Ghost Of Inflation Past'

Arlington Asset Investment

ACRES Commercial Realty Corp.

AFC Gamma

Great Ajax

Great Ajax Corp. 7.25 % Convertible Notes 2017-30.04.24 Global

Apollo Commercial Real Estate Finance

Broadmark Realty Capital Inc.

Cherry Hill Mortgage

Chimera Investment

Claros Mortgage Trust

Ellington Residential Mortgage REIT

Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sector has come into focus following a wave of mega-sized loan defaults from over-levered private owners. We examine these REITs' sector-by-sector exposure.

Mortgage REITs: High Yield Opportunity And Risk

Indus Realty Trust Inc

Life Storage

Public Storage

Amid intensifying concerns over the potential fallout from several major tech-focused bank failures, this report examines high-level REIT fundamentals to chart the likely path forward for the real estate industry. Real estate equities have been slammed particularly hard as investors draw parallels to the early stages of the 2008 financial crisis when locked-up credit markets created a cascade of distress.

This Time Is Different

Alexander's

Angel Oak Mortgage

DigitalBridge Group

Innovative Industrial Properties

NewLake Capital Partners, Inc.

Orion Office REIT

Chicago Atlantic Real Estate Finance

iStar Inc

SVB Financial Group

iStar

W. P. Carey

Financial Select Sector SPDR Fund

U.S. equity markets tumbled this week after the sudden collapse of a pair of technology-focused banks sparked concerns over financial stability and overshadowed a generally solid slate of employment data. Effectively erasing all of its gains for the year and posting its worst week since September 2022, the S&P 500 dipped 4.5% while the Mid-Cap and Small-Cap benchmarks plunged 7%.

Failure Fallout

Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF

Franklin Liberty U.S. Core Bond ETF

iShares Government/Credit Bond ETF

Hartford Schroders Tax-Aware Bond ETF

JPMorgan U.S. Aggregate Bond ETF

Janus Henderson Sustainable & Impact Core Bond ETF

Nuveen Enhanced Yield U.S. Aggregate Bond ETF

NuShares ESG U.S. Aggregate Bond ETF

PGIM Active Aggregate Bond ETF

Invesco PureBeta US Aggregate Bond ETF

Schwab US Aggregate Bond ETF

SPDR Portfolio Aggregate Bond ETF

T Rowe Price QM US Bond ETF

USAA Core Intermediate-Term Bond ETF

Investors continued to plow money into taxable (+$32.0 billion) and tax-exempt (+$4.8 billion) bond funds (including ETFs) for the month of September. For the month, the average taxable and tax-exempt fixed income mutual fund posted a 0.48% and 0.75% decline, respectively, for September and are up 0.50% and 1.27% so far this year.

Despite Inflationary Concerns, Investors Favor Fixed Income Funds In September

BlackRock MuniVest Fund Inc

BlackRock MuniVest Fund II Inc

BlackRock MuniYield Fund

Nuveen Intermediate Duration Municipal Term Fund

We look at some broad CEF trends that have developed over the past year, such as performance relative to ETFs, as well as discount weakness. In our Income Portfolios, we continue to approach CEF allocation with a margin-of-safety perspective, while also diversifying into senior securities.

State Of The CEF Market Update

News for iShares CMBS ETF ETF (CMBS)