AGNC 6 ⅛ PERP Pfd

AGNC Investment Corp

Finance/Real Estate


Publicly traded companies mentioned herein: AGNC Investment Corp (AGNC)

Highlights

The presenter currently owns the series F preferred issue of AGNC with a par value of $25, paying a coupon of 6 ⅛, and currently trading at ~$21.50. He sees the set up as investment grade risk where you are receiving a high yield return, driven largely by a mispricing in the preferred stock asset class as a whole. He attributes this to forced retail sellers, and likely compounded by liquidations from one or more large institutional seller(s) who are mortgage REIT preferred investors.

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Idea Discussion

Commentor 1 - 2 weeks ago

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Commentor 1 - 2 weeks ago

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