AGNCM News and Press, AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock From 11/09/22

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-China relations remain tense but so far don...

Summary We have recently rotated to NLY.PG from NLY.PF to take advantage of a delayed market reaction in responding to preferreds that switch to a variable-rate coupon. NLY.PF has gotten bid up to a very expensive level and we expect NLY.PG to outperform in the medium term as its ...

Summary We share data on 100-plus big-yield opportunities, sorted into four categories: Closed-end funds, master limited partnerships, real estate investment trusts, and business development companies. We dive deeper into four specific opportunities (one from each category) that w...

Summary We take a look at the action in preferreds and baby bonds through the last week of October and highlight some of the key themes we are watching. Preferreds were up on the week but finished lower in October - the third down month in a row. We discuss recent Q3 earnings ...

Summary We had floated the idea of America First Multifamily Investors, LP as a superior alternative to mortgage REITs and municipal bond funds. The performance has been outstanding. We look at Q3-2022 results and tell you why you should be a bit cautious and give you a new ra...

Summary One of our picks today has about 40% upside to our recent targets in addition to a 12% yield. Rallying 40% would not even push the share price above book value. It would still have a modest discount. While share prices are down over 20% year-to-date, book value is actu...

Summary U.S. equity markets extended a two-week rebound since hitting two-year lows earlier this month as a mixed slate of corporate earnings reports and lukewarm economic data revived "soft landing" hopes. Posting its strongest two-week advance since the initial COVID vaccine rol...

Summary You want huge yield with upside? Here it is. Rising short-term rates could push yields even higher. The market failure here is painfully obvious. Other investors are paying far more for a very similar share. Get ready for charts, images, and tables because they...

Summary AGNC Investment Corporation reported Q3-2022 results about in line with our expectations. Spread income has held up thanks to hedges, but book value has been declining rapidly. Massive Q3 stock issuance is what we need to talk about. When we last covered AGNC Inv...

AGNC Investment Corp. (AGNC) Q3 2022 Earnings Conference Call October 25, 2022 08:30 AM ET Company Participants Katie Wisecarver - Vice President of Investor Relations Peter Federico - Director, President and Chief Executive Officer Bernice Bell - Executive Vice ...