Capstead Mortgage Corp.

Capstead Mortgage Corp.

Sector: Real Estate Investment Trusts Region: TX, United States

: | New York Stock Exchange: CMO | New York Stock Exchange: CMO.PRE

Similar to: RioCan Real Estate Investment Trust, W. P. Carey Inc. , Intervest Offices & Warehouses SA

Capstead Mortgage Corp. operates as a self-managed real estate investment trust. The company invests in a leveraged portfolio of residential mortgage pass-through securities consisting of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government. Its investment strategy involves managing a conservatively leveraged portfolio of ARM agency securities that can produce attractive risk-adjusted returns over the long term, while reducing, but not eliminating, sensitivity to changes in interest rates. Capstead Mortgage was founded in 1985 and is headquartered in Dallas, TX.

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