AGNC Investment Corp. ( AGNC ) is a real estate investment trust whose primary form of investment is mortgages, also known as an mREIT. Along with the high-yielding common shares, the company offers five different preferred shares. OneOther writing on Substack: https://yieldstrategies.substack.com/I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I ...

AGNC Investment Corp. ( AGNC ) is a real estate investment trust whose primary form of investment is mortgages, also known as an mREIT. Along with the high-yielding common shares, the company offers five different preferred shares. OneOther writing on Substack: https://yieldstrategies.substack.com/I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I ...

BETHESDA, Md., Jan. 14, 2026 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors elected Dr. Morris Davis to the Board effective January 12, 2026. Dr. Davis previously served on AGNC's Board from May 2008 to March 2025, when he resigned from his position to join the Council of Economic Advisors to the President as Chief Housing Economist. AGNC's Board of Directors now consists of ten members, including eight independent directors. Dr. Morris will serve as an ind ...

Core Insights - Dividend stocks are attractive for investors seeking passive income, with companies that pay dividends generally outperforming those that do not [1] - Not all dividend-paying companies are the same; some focus on dividend growth while others prioritize high dividend yields [1] Company Summaries - AGNC Investment is a real estate investment trust (REIT) that primarily invests in mortgage-backed securities (MBSs), using leverage to achieve a high dividend yield of 12.7% [2][4] - AGNC's investments are mainly in agency MBSs, which are backed by government-sponsored entities, reducing risk due to government guarantees [5] - As of September 30, AGNC's at-risk leverage ratio was approximately 7.5 times its tangible net book value, indicating potential volatility in earnings and book value due to interest rate changes [6] - Ares Capital operates as a business development company (BDC) that provides loans to middle-market companies, offering a dividend yield of 9.4% [2][7] - Both AGNC and Ares Capital are pass-through entities required to distribute most of their taxable income to investors, resulting in high dividend yields [7][8] - The two companies are sensitive to interest rate changes but in different manners due to their distinct business models [8]

Group 1 - AGNC Investment Corp. declared a cash dividend of $0.12 per share for January 2026, payable on February 10, 2026, to stockholders of record as of January 30, 2026 [1] - The company is a leading investor in Agency residential mortgage-backed securities, benefiting from guarantees against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae [2] - AGNC has paid over $15 billion in common stock dividends since its inception, providing substantial monthly dividend income to stockholders [3] Group 2 - The company utilizes leveraged financing through repurchase agreements and employs dynamic risk management strategies to protect its portfolio from interest rate and market risks [2] - AGNC serves as a significant source of private capital for the U.S. residential housing market, with a team experienced in managing mortgage assets across various market cycles [3]

Core Insights - The article discusses the expertise of Sensor Unlimited, who has a PhD in financial economics and specializes in the mortgage market, commercial market, and banking industry [2] - Sensor Unlimited contributes to the Envision Early Retirement investing group, which focuses on generating high income and growth through dynamic asset allocation [2] Group 1 - Sensor Unlimited has been covering the mortgage and banking sectors for over a decade, indicating a strong background in financial analysis [2] - The investing group led by Sensor Unlimited offers two model portfolios: one for short-term survival and another for aggressive long-term growth [2] - Features of the investing group include direct access for discussions, monthly updates on holdings, and tax discussions [2]

Core Viewpoint - The article discusses the investment strategies and positions of a seasoned stock market investor, emphasizing a blend of growth and income with a focus on special situations [1]. Group 1 - The investor has 35 years of experience in the stock market and holds an MBA, indicating a strong educational and professional background [1]. - The investment style is characterized by a mix of growth and income, suggesting a balanced approach to capital appreciation and income generation [1]. - The investor's focus on special situations may indicate a strategy that seeks out unique opportunities that deviate from standard market trends [1].

Core Insights - AGNC Investment (NASDAQ: AGNC) presents a complex business model that may not align with traditional investor metrics, making it a potential disappointment for some while being a valuable asset for others seeking high dividend yields [1][6] Company Overview - AGNC Investment operates as a mortgage REIT, offering a notably high dividend yield of 13% [6] - The company's primary objective is total return rather than consistent income, which is a departure from typical dividend-focused investments [8] Dividend Analysis - Despite the attractive 13% dividend yield, AGNC's dividend has been volatile and has been in decline for over a decade, leading to reduced income and capital for investors [5][4] - The stock price has mirrored the declining dividend trend, maintaining a high yield due to falling stock prices [5] Performance Metrics - Since its inception, AGNC has outperformed the S&P 500 index, indicating potential diversification benefits for long-term investors focused on asset allocation [9] - When considering total return, AGNC has shown relatively strong performance, suggesting it could be a valuable component of a diversified investment portfolio aimed at wealth accumulation over time [8][9]

Group 1 - The Federal Reserve has been actively cutting interest rates, raising questions about the potential for future cuts [1] - Rida Morwa, with over 35 years of experience in investment and commercial banking, leads the Investing Group High Dividend Opportunities, focusing on high-yield investment strategies [1] - The service aims for a targeted safe yield of +9%, offering features such as model portfolios, buy/sell alerts, and regular market updates [1] Group 2 - The article emphasizes the importance of community and education in investment, suggesting that investors should not navigate the market alone [1]

Core Insights - AGNC Investment Corporation (AGNC) shares have increased by 14.2% over the past six months, outperforming the industry growth of 2.3% and the S&P 500 Index's rise of 11.8% [1] - The company's peers, Annaly Capital Management (NLY) shares have risen by 14.8%, while Starwood Property Trust, Inc. (STWD) shares have decreased by 13.1% during the same period [1] Performance Drivers - Easing mortgage rates have positively impacted AGNC's performance, with the average rate on a 30-year fixed-rate mortgage dropping to 6.15% as of December 31, 2025, down from 6.91% a year ago [5][6] - The Federal Reserve's interest rate cuts, including a 75 basis point reduction in 2025, are expected to ease earnings pressure and support AGNC's net interest income [7] - AGNC's disciplined and active portfolio management, including substantial hedges covering 68% of its outstanding investment securities, has helped mitigate risks from market fluctuations [9][10] Portfolio and Asset Management - AGNC maintains a significant exposure to Agency mortgage-backed securities (MBS), totaling $90.1 billion as of September 30, 2025, which supports its long-term growth outlook [12] - The company has actively adjusted its portfolio to reduce risks associated with interest rates and prepayments, focusing on higher-coupon investments [9][10] Financial Position - AGNC has a decent liquidity position, with $7.2 billion in liquidity as of September 30, 2025, allowing for opportunistic portfolio enhancements [13] - The company's leverage increased slightly to 7.6X, but remains at a conservative level, enabling effective capital deployment [14] Capital Management and Dividends - AGNC has committed to shareholder value through a new share repurchase program of up to $1 billion, authorized through December 31, 2026 [15][16] - The company currently offers a dividend yield of 13.43%, which is above the industry average of 12.60% [17] Market Challenges - AGNC's performance is sensitive to macroeconomic trends, with volatility in the mortgage market and interest rate swings affecting investment returns [20] - Despite easing mortgage rates, ongoing pressures in the residential mortgage sector pose significant near-term challenges for AGNC [21] Analyst Outlook - Analysts have a neutral stance on AGNC's earnings growth potential, with estimates indicating an 18.6% decline for 2025 and a modest growth of 1.3% for 2026 [25] - AGNC's price-to-book (P/B) ratio of 1.18X is above the industry's 0.96X, suggesting limited upside potential despite a favorable dividend yield [26][28]