Great Ajax is a holding company. Through its operating partnership, Great Ajax Operating Partnership L.P., and its subsidiaries, Co. is an externally managed real estate company. Co. facilitates capital raising activities and operates as a mortgage real estate investment trust. Co. targets acquisitions of re-performing loans, which are residential mortgage loans. Co. may also acquire or originate small balance commercial loans. Additionally, Co. invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio or, less frequently, through a direct acquisition. Co. may also target investments in non-performing loans. The AJX average annual return since 2015 is shown above.
The Average Annual Return on the AJX average annual return since 2015 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AJX average annual return since 2015 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AJX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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