ARMOUR Residential REIT, Inc. vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? ARMOUR Residential REIT, Inc. trades at $16.7 (market cap $2.07B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.09. The key difference: ARMOUR Residential REIT, Inc. pays a 17.28% dividend while iShares iBoxx $ Inv Grade Corporate Bond ETF pays none, and ARMOUR Residential REIT, Inc. is trading nearer its 52-week high, iShares iBoxx $ Inv Grade Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| ARR | LQD | |
|---|---|---|
Market Cap | $2.07B | — |
Sector | Financials | — |
52-Week High | $19.12 | $112.91 |
52-Week Low | $14.05 | $105.96 |
Dividend Yield | 17.28% | — |
Trailing returns across standard periods
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Read more on ARR →The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
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