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WASHINGTON, DC-In August, New York-based asset manager Van Eck Global launched Market Vectors Mortgage REIT Income ETF, an exchange-traded fund with a pure play exposure to the mortgage REIT marketplace. The investment rationale was an easy one to explain: yields from mortgage REITs have been higher in recent years than those provided by equity REITs and other income-oriented products, said Jan van Eck, principal at Van Eck Global, at the time. For investors seeking yield–and who isn’t–the ETF was a timely one. 

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