AGNC Investment Corp.

AGNC Investment Corp. is a real estate investment trust (REIT) that provides private capital to the U.S. housing market. The company invests primarily in residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which principal and interest payments are guaranteed by U.S. government-sponsored enterprises (GSEs) or U.S. government agencies. By focusing on agency mortgage-backed securities (MBS), AGNC aims to generate income from the spread between the yield on its investments and its funding costs. The company qualifies as a REIT for federal income tax purposes, which generally allows it to avoid corporate income taxes if it distributes at least 90% of its taxable income to stockholders. Formerly known as American Capital Agency Corp., it rebranded to AGNC Investment Corp. in September 2016.

AGNC Investment Corp. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol AGNCM. The company's securities trade in U.S. dollars (USD), reflecting its primary operations and investor base in the United States. As a Nasdaq-listed company, AGNC is subject to the exchange's listing standards and regulatory oversight. The use of USD aligns with the company's focus on U.S. residential mortgage-backed securities and its status as a U.S.-domiciled real estate investment trust.

AGNC Investment Corp. operates in the Real Estate sector and is classified under the REIT - Mortgage industry. As a mortgage REIT (mREIT), AGNC primarily invests in mortgage-backed securities rather than physical real estate properties. The company's focus is on agency MBS, which are issued or guaranteed by U.S. government-sponsored enterprises like Fannie Mae and Freddie Mac, or by U.S. government agencies such as Ginnie Mae. This industry is characterized by high leverage and interest rate sensitivity, as mREITs typically borrow short-term funds to invest in longer-term MBS, profiting from the net interest spread.

AGNC Investment Corp. is headquartered in Bethesda, Maryland, United States. The company serves the U.S. housing market by providing private capital through investments in residential mortgage-backed securities. Its operations are focused exclusively on the United States, as it invests in securities guaranteed by U.S. government-sponsored enterprises or agencies. AGNC's business model is tied to the performance of the U.S. residential mortgage market and the broader housing finance system. The company was incorporated in 2008 and has since been a significant player in the agency MBS space.

AGNC Investment Corp. generates income primarily from the net interest spread on its portfolio of agency mortgage-backed securities. The company borrows funds at short-term rates and invests in longer-term MBS that yield higher returns, earning the difference. As a real estate investment trust (REIT), AGNC is required to distribute at least 90% of its taxable income to stockholders to maintain its tax-advantaged status. By doing so, it generally avoids federal and state corporate income taxes, with taxes paid by shareholders on dividends received. This structure allows AGNC to pass through most of its earnings to investors. The company's portfolio consists of residential mortgage pass-through securities and collateralized mortgage obligations guaranteed by U.S. government-sponsored enterprises or agencies.