AGNC - American Capital Agency Corp.

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AGNC Profile

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company specializes in investing in residential mortgage pass-through securities and collateralized mortgage obligations, where the principal and interest payments are guaranteed by U.S. government-sponsored enterprises or U.S. government agencies. This focus on government-backed securities helps ensure the stability and reliability of their investment portfolio.

The company primarily funds its investments through collateralized borrowings structured as repurchase agreements. By electing to be taxed as a REIT under the Internal Revenue Code of 1986, AGNC Investment Corp. is not subject to federal corporate income taxes, provided it distributes at least 90% of its taxable income to its stockholders. This tax-efficient structure allows the company to return a significant portion of its earnings to investors.

AGNC Investment Corp. was formerly known as American Capital Agency Corp. until it changed its name in September 2016. Incorporated in 2008, the company is headquartered in Bethesda, Maryland. Over the years, AGNC Investment Corp. has built a reputation for its strategic investments in mortgage-backed securities, aiming to provide consistent returns to its shareholders.

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