The Unseen Consequences of Rate Hikes on Investors' Portfolios A recent SEC filing has shed light on the far reaching implications of rising interest rates for investors.
Advocacy Wealth Management's decision to sell $10. 95 million worth of PMBS shares in May serves as a stark reminder that even seasoned investment managers are not immune to the challenges posed by increasing rates.
The PMBS ETF, which holds mortgage related bonds primarily backed by home loans from Fannie Mae, Freddie Mac, and other agencies, has long been touted as a low risk, high yield investment option.