Great Ajax Corp. is an externally managed real estate company. Co.'s primary business is acquiring, investing in and managing a portfolio of mortgage loans. Co. operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. Co. primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It 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. 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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