AGNCP

AGNC Investment Corp. operates as a real estate investment trust (REIT) that invests primarily in agency mortgage-backed securities (MBS) in the United States. Headquartered in Bethesda, Maryland, and founded in 2008, the company focuses on acquiring and holding residential mortgage pass-through securities and collateralized mortgage obligations guaranteed by government-sponsored enterprises such as Fannie Mae and Freddie Mac, or by U.S. Government agencies like Ginnie Mae. AGNCP represents the company's 6.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. AGNC Investment Corp. is externally managed and advised by AGNC Management, LLC, a subsidiary of American Capital. The company generates income primarily through the spread between the yield on its mortgage-backed securities investments and the cost of its borrowings. As one of the largest internally managed residential mortgage REITs, AGNC maintains a portfolio valued at approximately $63 billion in assets as of recent reports. The company employs a leveraged investment strategy, utilizing repurchase agreements and other forms of collateralized borrowings to finance its asset acquisitions. AGNC pays monthly dividends to common stockholders and regular distributions to preferred shareholders, making it a focus for income-oriented investors. The company actively manages interest rate risk and prepayment risk through various hedging strategies to protect shareholder value in changing market conditions.