AGNC Investment Corp. (“AGNC”) is an internally-managed mortgage real estate investment trust
(“REIT”). We invest predominantly in agency mortgage-backed securities
(“agency MBS”) on a leveraged basis, financed primarily through collateralized borrowings structured as
repurchase agreements. Our principal investment objective is to provide our stockholders with attractive risk-adjusted returns through a combination of monthly dividends and net asset value accretion. We generate income from the interest earned on our investment assets, net of associated borrowing and hedging costs, and net realized gains and losses on our investments and hedging activities. We utilize an active portfolio management philosophy with the goal of preserving net asset value over a wide range of market scenarios. We were founded in 2008 and are headquartered in Bethesda, Maryland. Our common stock is traded on the Nasdaq Global Select Market under the symbol “AGNC.”
Externally managed by one of our subsidiaries, MTGE Investment Corp. (Nasdaq: MTGE) is a hybrid mortgage REIT with a $6.6 billion portfolio consisting of agency, non-agency and other real estate-related assets.
Our wholly-owned broker-dealer subsidiary with direct access to the Fixed Income Clearance Corporation.
Our Value Proposition
Since our 2008 IPO, AGNC has delivered industry-leading performance as measured by total
total stock return
Highly Efficient Operating Cost Structure
With an operating expense structure of approximately 0.9% of total equity capital, AGNC has one of the lowest cost structures as a percentage of stockholders’ equity in the residential mortgage REIT space (*)
Disciplined Risk Management
AGNC utilizes a comprehensive risk management framework that is predicated on careful asset selection, disciplined hedging and diversified funding
AGNC has consistently been recognized as an industry leader for its financial disclosure, transparency and stockholder-focused approach to capital management
Liquidity and Scale
AGNC is the largest internally-managed residential mortgage REIT and one of only three residential mortgage REITs with a market cap over $5 billion