AGNCO

AGNC Investment Corp. operates as a real estate investment trust (REIT) that invests primarily in residential mortgage-backed securities (RMBS) guaranteed by U.S. government-sponsored enterprises such as Fannie Mae, Freddie Mac, and Ginnie Mae. Headquartered in Bethesda, Maryland, the company generates income from the spread between the yield on its mortgage investments and the cost of its borrowings. AGNC focuses exclusively on Agency RMBS, which carry an implicit or explicit U.S. government guarantee, distinguishing it from mortgage REITs that invest in non-Agency or credit-sensitive assets. As one of the largest publicly traded mortgage REITs, AGNC maintains a substantial investment portfolio typically exceeding $60 billion in assets. The company employs active portfolio management strategies, adjusting its holdings, leverage, and hedging positions in response to interest rate movements and market conditions. AGNC is externally managed by AGNC Management, LLC and operates with a small team of approximately 50 employees. The company distributes substantially all of its net income to shareholders through monthly dividend payments, making it attractive to income-focused investors. AGNC's investment strategy emphasizes capital preservation while generating attractive risk-adjusted returns through careful asset selection, financing optimization, and interest rate risk management using derivatives and other hedging instruments.