AGNCM News and Press, AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock From 10/13/22

Summary These shares benefit from higher short-term rates. One yield is already pushing 10.3% and it should be increased again in the next few months. Two other choices see their dividend increases coming up in the next few quarters. Those shares are set to yield 10% to 11%, b...

Summary High-yield corporate bond yields are approaching 10%. When this happened this century, forward returns were almost universally positive over 1-3 years. We also consider why the current environment may not be a repeat of the past and what this means for investor allocations...

Summary Share prices of many preferred shares and baby bonds have been hammered. Current opportunities in fixed income securities have not been available for over two decades. Securities with a reset rate or a fixed-to-floating rate are particularly attractive. Several sec...

Summary In 2021, in order to hold securities with double-digit yields, investors had to either dumpster dive or get their own capital back as ROC on inflated distributions. Yields have risen sharply this year across the broader income space and stand well above what was on offer i...

Summary Preferred shares of all colors have become more attractive as interest rates have risen. Mortgage REIT preferred shares now offer very juicy yields. We look at two very large mortgage REITs and tell you why we stayed out and so should you. The global chaos ru...

Summary Down 34% in a little over a month. It's been carnage for mortgage REITs. Damage to book value has been severe, but damage to share prices has been even worse. The risk/reward ratio has finally tilted in favor of investors, but many may be scared to go in. They only wan...

Summary This article compares NLY’s recent dividend per share rates, yield percentages, and several dividend sustainability metrics to 19 mREIT peers. This includes an analysis of NLY’s quarterly estimated REIT taxable income, estimated core earnings, and normalized ...

Summary Despite huge yields, this sector is getting hammered. Fat dividends that grow with short-term rates are a nice hedge. This 11% yields will grow to over 13% if the Federal Reserve follows through on their plan. Main risk factor is if home prices plunge. Not decline,...

Summary Yields are higher, but credit spreads also widened. Except for the times when they did not widen. In some cases, they tightened significantly. One of the major ETFs is holding surprisingly well. For an ETF packed with lower-yielding fixed-rate shares, the strength is a sur...

Summary U.S. equity markets and bond markets slid this week - deepening a historic year-long rout - as Federal Reserve officials doubled down on hawkish rhetoric despite increasingly-apparent tremors of market instability. Closing the month and quarter at the lowest levels in two ...