Is DX a good investment?

In essence, DX is better suited for speculative, shorter-term investors who want to express a view on the MBS market and adapt to fluctuating interest rates. So, while DX does offer a high yield and some risk mitigation, it's not a one-size-fits-all investment solution.

Is DX a safe dividend?

So, putting it all together, DX promises an exceedingly high dividend. However, such dividend is by no means "safe" and "stable" but rather highly dependent on factors largely out of the control of management.

Is DX a 'buy and forget' investment?

DX is not a "buy and forget" investment. It can be very profitable if the right circumstances appear: high rates on MBS, low interest-rate volatility (uncertainty), tight spreads, and rates slowly trending lower. How do these four variables look today? Well, MBS is indeed paying nicely today because rates are high across the board.