AAIC News and Press, Arlington Asset Investment Corp Class A (new) From 07/22/21

Best of Times and Worst of Times: Mortgage REITs endured punishing declines during the pandemic, but have nearly tripled from their lows and are back within shouting distance of pre-pandemic highs. The wave of dividend cuts has given way to a frenzy of increases this year as 20 m...

We’re getting a dip in the mortgage REIT sector. We saw a quick one that was corrected recently, but this one moved quite a bit lower. The sector was expensive prior to the start of the dip, so some weakness isn’t surprising. This is an opportunity to start building posi...

This series projects AGNC’s income statement for the second quarter of 2021. These projections help readers understand how some of the fixed-rate agency mREIT sector performed (valuable insight). I am projecting AGNC will report a notable decrease in net spread income for the s...

We take a look at the action in preferreds and baby bonds through the second week of July and highlight some of the key themes we are watching. We discuss a number of valuation anchors to underpin allocations to individual preferreds. And discuss recent issuance and portfolio upda...

U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...

Arlington Asset Investment Corp. Announces Closing of Senior Notes Offering PR Newswire MCLEAN, Va. , July 15, 2021 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) (the "Company") announced today that it has closed an underwritten registere...

Occasionally we see a sector rotation where prices dip rapidly with no basis in fundamentals. When that happens, we see an opportunity to build new positions. We had one of those opportunities very recently. During the flash sale on Thursday, we picked up some DX. This is an examp...

U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...

Arlington Asset Investment ([[AAIC]] -0.3%) priced a public offering of $33.5M principal amount of 6% senior notes due 2026.The notes were priced at 100% of the principal amount and will mature on August 1, 2026.The company has granted the underwriters a 30-day option to buy up to an add...

Arlington Asset Investment Corp. Announces Redemption of All Outstanding 6.625% Senior Notes due 2023 PR Newswire MCLEAN, Va. , July 7, 2021 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) (the "Company"), today announced that it has issued a notice...