Kwanchanok Taen-on Interest rates and inflation have been the overarching themes in financial markets for the last couple of years and that situation won't change any time soon. Our clever, initial remedy was to identify fixed-to-floating rate preferreds that would soon convert from fixed to floating and insulate us from the pain of rising interest rates. The AGNC Investment Preferred Series ((NASDAQ:AGNCL), (AGNCM), (AGNCN), (AGNCO), and (AGNCP)) are each fixed-to-floating. Our objective today is to consid ...

History is a great teacher. Looking back on the stock market’s last 100 years, we find dividend investing beats all other stocks. They handily outperform the S&P 500 and have never had a losing decade.It makes sense dividend stocks would be so good. They tend to be profitable businesses that have been through numerous business and economic cycles. Coming through intact, if not better off, they share their success with shareholders.And it turns out, among dividend payers, high-yield stocks are a superior inv ...

David Gyung AGNC Investment Corp. (NASDAQ:AGNC) is a well-managed mortgage real estate investment trust with a $60 billion portfolio consisting mainly of 30-year duration agency mortgage-backed securities. The trust suffered painful declines in its book value last year as the central pushed rates up and mortgage-backed security spreads widened. With that being said, with the shift in the central bank's interest rate strategy for 2024, mortgage trusts have become more compelling passive income vehicles again ...

Domepitipat From our first standalone coverage of AGNC Investment Corp. (NASDAQ:AGNC), we have pretty much stuck on neutral. The stock fell in the category of "why bother when returns won't be juicy". That has generally played out over this entire timeframe. Investors would have been better off sitting in cash and liquidating it versus staying in AGNC. Most investors use AGNC as an "income" source, so after taxes on those large dividends (which cannot be offset against the capital loss), you are down quite ...

coldsnowstorm I upgraded AGNC Investment (NASDAQ:AGNC) back in June, saying that with the Fed tightening cycle likely coming to an end now was the time to start accumulating shares. Including dividends, the stock has generated an over 5% return since then. Let's catch up on the name after its recent earnings report. Company Profile As a refresher, AGNC is mortgage REIT that primarily derives its income from the spread between the interest it earns on the mortgage-backed securities (MBS) it holds and its bor ...

Tungus-ka/iStock via Getty Images A reader recently asked me about my outlook on mortgage REITs. They wondered why I had such an uninspired outlook when nearly everyone agrees that interest rates are going to fall. I want to answer that for you, but it might as well be an article. Mortgage REITs are the poster child for high yield investing. Yields are regularly in the double digits. Often, they move into the upper teens (before cuts, hurray). The ideal environment for mortgage REITs depends on your perspec ...

Surging interest rates have made the last few years very challenging for the real estate sector. They've increased borrowing costs while causing a lot of volatility in asset values.AGNC Investments (AGNC 0.52%) hasn't been immune to these issues. While the mortgage real estate investment trust (REIT) invests in low-risk, mortgage-backed securities (MBS) guaranteed against credit-default risk by government agencies, it has battled volatility in interest rates and MBS spreads. That has weighed on its returns. ...

AGNC Investment Corp.’s (AGNC) fourth-quarter 2023 net spread and dollar roll income per common share (excluding estimated "catch-up" premium amortization benefit) of 60 cents beat the Zacks Consensus Estimate of 49 cents. However, the bottom line declined from 65 cents in the prior-quarter.Adjusted net interest and dollar roll income (excluding estimated "catch-up" premium amortization benefits) of $497 million moved down from $499 million in the quarter-ago period.The company reported fourth-quarter compr ...

AGNC Investment Corp. (NASDAQ:AGNC) Q4 2023 Earnings Conference Call January 23, 2024 8:30 AM ET Company Participants Peter Federico - President, Chief Executive Officer Bernie Bell - Executive Vice President, Chief Financial Officer Chris Kuehl - Executive Vice President, Chief Investment Officer Aaron Pas - Senior Vice President, Non-Agency Portfolio Manager Katie Turlington - Investor Relations Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Bose George - KBW Trevor Cranston ...

3202 STOCKHOLDER Q4 PRESENTATION JANUARY 23, 2024 ...