Zacks Growth and Income Strategy Highlights: Anthracite Capital, Crescent Real Estate Equities Co., Knightsbridge Tankers Ltd, and Thornburg Mortgage

Business Wire, May 19, 2005

CHICAGO -- The Zacks Growth and Income Profit Track strategy looks for stocks with unusually high dividend yields. Although a screen oriented towards longer-term and lower-risk stocks, this Profit Track has beat the S&P 500 every year since inception in 2001, including a 19.5% return in 2004. Four stocks meeting this screen's exclusive criteria as of May 18, 2005 are: Anthracite Capital, Inc. (NYSE:AHR), Crescent Real Estate Equities Co. (NYSE:CEI), Knightsbridge Tankers Ltd (NASDAQ:VLCCF), and Thornburg Mortgage, Inc. (NYSE:TMA). View the entire list of stocks for the Growth and Income Profit Track at http://at.zacks.com/?id=1850

Here are the four companies that meet identified by the Growth and Income Profit Track:

Anthracite Capital, Inc. (NYSE:AHR) declared a first-quarter 2005 cash dividend of $0.28 per share in early March. With a yield of about 10.10%, this company easily beats the dividend yield of an average S&P 500 stock. The company also reported strong first-quarter results. Earnings per share reached 27 cents per share versus the 20 cents that was announced last year.

Crescent Real Estate Equities Co. (NYSE:CEI) recently stated first quarter funds (FFO) from operations of 25 cents per share were above its expectations. Stronger than expected results in office, resorts, and residential segments contributed to the positive performance. The earnings result of 25 cents also surpassed the consensus estimate by about 25% and eclipsed last year's first-quarter earnings of 23 cents per share. In addition to surpassing expectations, this stock yields an impressive 8.25%.

Knightsbridge Tankers Ltd (NASDAQ:VLCCF), which recently declared a dividend of $1.50 per share, yields about 14.12%. This international tanker company has been experiencing upward revisions from analysts. In the last month alone, earnings estimates for the year ending December 2005 have moved up six cents, or almost 2%.

Thornburg Mortgage, Inc. (NYSE:TMA) yields a 9.13% dividend. In mid-April, the company released its first quarter report, in which it declared a dividend of 68 cents per share, which is a 5% increase over the prior year. The report also showed first-quarter earnings 72 cents per share, surpassing last year's 70 cents. Thornburg Mortgage said that despite rising short-term interest rates and continued competitive pressures in the mortgage industry, it experienced another solid quarter across all aspects of its business.

Discover all the current stocks currently on the Growth and Income Profit Track at: http://at.zacks.com/?id=1896

About Profit Tracks

What is a "Profit Track"? Each one is a successful stock picking strategy with proven results through the Bear Market of 2001-2002 and the Bull run started in 2003. On Zacks.com we have created these six unique screens to offer investors great strategies to potentially outperform the market in the years ahead. In 2004 the Upgrades and Revisions strategy was the top performing Profit Track with a return of 55.7%. The PEG Ratio screen produced 38.9% return in 2004. To see all six strategies along with philosophy, past performance and current stocks, then go to http://at.zacks.com/?id=1838

All the Profit Track strategies were created and backtested using the Research Wizard software from Zacks Investment Research. Learn more about the Research Wizard and Free Trial offer. http://at.zacks.com/?id=111

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