AIC News and Press, Arlington Asset Investment Corp 6.750% Notes due 2025 From 05/21/22

These shares offer investors a significant dividend yield and a big discount to either net asset value or call value. Several of the preferred shares we’re including switch over to floating rates, which is set to drive yields higher. On the common shares we’re lookin...

Putting two REITs head to head, we can see a clear winner. One has barely delivered positive returns over the longer part of a decade as falling book value offset big dividends. The other drove book value up while paying out dividends, resulting in shareholders’ wealth doub...

U.S. equity markets declined for the sixth-straight week after hotter-than-expected inflation reports failed to show significant signs of easing and kept the "pedal to the metal" for Fed monetary tightening. Flirting with "bear-market" territory before paring its declines later in the...

We review CEF market valuation and performance through the first week of May and highlight recent market action. The CEF space had another tough week as Treasury yields keep marching higher. We discuss the impact of CEF leverage hedges and whether the funds that hold them can mode...

5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to show discounts to Q1 2022 book values. Some of these picks are extremely rare. We’re suggesting two shares I encouraged investors to dump f...

The sector got smacked along with the rest of the market. Mortgage REIT fundamentals aren't tied so closely to the rest of the market and there are some great opportunities. I'll highlight 9 good picks in this article. There are a few landmines left in the sector, so investors...

When shares trade at a 40% discount to book value, they should have substantial flaws. This REIT isn’t perfect, but it deserves a higher ratio. The 10% dividend yield pays investors to wait for the price to recover. We’ve traded these shares before, so we aren&#x...

We take a look at the action in preferreds and baby bonds through the third week of April and highlight some of the key themes we are watching. It was a tough week for the preferreds and baby bond sectors which remain under pressure from rising Treasury yields. We take a look at t...

We picked up a nice bargain in the mortgage REITs. How could we spot that it was undervalued? It sticks out on the charts. This is a big shift in our view on the common shares. We were bearish when the year started, but a plunging share price deserves a new rating. It's not An...

We picked up another new position in the common shares when the market went into a panic. A significant portion of the pain in the sector is warranted. April has been dreadful for several mortgage REITs, but there are plenty of gems in the rough. Q1 2022 was garbage also, so some ...