AGNCM News and Press, AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock From 09/14/22

Summary Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. My buy, sell, or hold recommendation, current BV projection (BV as of 9/9/2022), and...

AGNC Investment Corp. (AGNC) Barclays Global Financial Services Conference September 13, 2022 12:00 PM ET Company Participants Peter Federico - CEO Conference Call Participants Carter Smith - Barclays Presentation Carter Smith Good afterno...

Summary It was a predictable catastrophe. So predictable, that we literally predicted it. The evidence is here. The magnitude of the mispricing was hilarious. One mortgage REIT slaughtered their underwriter with superior analysis. I'm still impressed that the underwriters mana...

Summary U.S. equity markets snapped a three-week skid with broad-based gains this week as domestic inflation expectations receded sharply amid a further deterioration in the demand outlook for Europe and Asia. Rebounding after a three-week selloff that had erased much of the late-...

Summary Later this month, the first series in a pool of more than $8B preferred shares converts from fixed to floating rate dividends. Yesterday’s disparate pricing behavior in the AGNC Investment Corp.’s various preferred series shares presented arbitrage opportunit...

Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. US inflation is softening in July but continues to...

Summary This is one of the clearest opportunities we've seen for a home run. Epic difference in cash flows. Bad investors are speculating blindly by piling into the wrong share and distorting market prices. Take advantage of them. Get ready for charts, images, and ...

Summary BKT is a fixed income CEF that focuses on AAA Agency MBS bonds. The CEF displays a performance similar to the better-known mREITs NLY and AGNC. With the quantitative tightening program set to ramp up this September and with a housing market that is just beginning its d...

Summary Mortgage REITs are a terrible business and most common shares remain money pits. There are a few we tend to trade from time to time and their preferred shares take the safety up another notch. We examine two preferred shares with solid yields and tell you whether the h...

Summary We have had a neutral view of AGNC over the last 12 months. The mortgage REIT is one of the best in the business, but it is still a very bad business. We examine whether the fallout from the expected interest rate surge has played out, or if there is more to go. ...