PennyMac Mortgage Investment Trust: 8.7% Preferred Yield From Stable mREIT

Core Viewpoint - PennyMac Mortgage Investment Trust (PMT) is a real estate investment trust (REIT) that focuses on the mortgage market, categorized as a mortgage REIT (mREIT) [1] Group 1: Company Overview - PMT specializes in the mortgage market, indicating a targeted investment strategy within the broader REIT sector [1] - The company is involved in income investing through various financial instruments, including common shares, preferred shares, and bonds [1] Group 2: Analyst Background - The author has a background in history and political science, along with an MBA specializing in Finance and Economics, highlighting a strong analytical foundation [1] - The author has been investing since 2000 and currently serves as the CEO of an independent living retirement community in Illinois, indicating practical experience in both investment and management [1]