AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock

News & Events

2025-02-04 17:26:27 ET

Summary

• AGNC Investment Corp. preferreds offer high single-digit yields, zero credit-risk holdings, and a strong up-in capital profile, making them attractive to investors.
• AGNCL's reset structure provides a natural hedge, but recent outperformance and reduced Fed rate cut expectations make AGNCP's floating-rate shares more compelling.
• Relative to its floating-rate counterparts, AGNCP offers potential capital gains and lower call price risk.

...

Read the full article on Seeking Alpha

For further details see: