AGNC Investment Corp. Cum Conv Red Pfd Stock News

U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwind

Slash to 11% or 12% incoming. Shares already dipped some, though many investors don't know about the cut yet.

Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.

We take a look at the action in preferreds and baby bonds through the first week of February and highlight some of the key themes we are watching. Preferreds put up another strong week, extending thei

Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart.

We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported

We own shares in all three picks. Up to 33% upside to book value. Some peers trade above book value.

These three REITs got much too cheap in October 2022, but they rallied too hard. Take the money and run! Shares are up 33% to 52%. They deserved a rally, but not that much.

We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table.

Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negati

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

AGNC Investment Corporation reported Q3-2022 results about in line with our expectations. Spread income has held up thanks to hedges, but book value has been declining rapidly.

Preferred shares of all colors have become more attractive as interest rates have risen. Mortgage REIT preferred shares now offer very juicy yields.

AGNC has recently issued a new preferred AGCGV (AGNCL permanent ticker) - its first with a Treasury-yield linked coupon after the usual fixed-rate period. We discuss the relative value within the AGNC

We have had a neutral view of AGNC over the last 12 months. The mortgage REIT is one of the best in the business, but it is still a very bad business.