AGNC - Invesco Mortgage Capital: An Interesting Play In The mREIT Sector That Yields 17.5%
2024-05-26 21:40:45 ET
Summary
- Invesco Mortgage Capital is a small mortgage Real Estate Investment Trust that primarily invests in residential and commercial mortgage-backed securities.
- The trust has been negatively impacted by the current market environment, with higher short-term rates and lower asset yields leading to lower business margins.
- However, there are expectations for the Federal Reserve to start cutting the Federal Funds target rate in the second half of 2024, which could be a positive tailwind for agency MBS and the trust's income.
...
Invesco Mortgage Capital: An Interesting Play In The mREIT Sector That Yields 17.5%