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AGNC: Real Estate

REIT with 4 stars. Of course, the stars should come with a 20-pound bag of salt, not a grain of salt. Damn good div, though--- although it was cut from a year or two ago. 8.99% yield??? Wah-hoo bonga. Saw this on Investopedia.


  • Wanna chase a dividend, eh?
    Here's what is in your bowl of REIT chili:

    AGNC Investment Corp. (“AGNC”) is an internally-managed mortgage real estate investment trust (“REIT”). We invest predominantly in agency mortgage-backed securities (“agency MBS”) on a leveraged basis, financed primarily through collateralized borrowings structured as repurchase agreements. Our principal investment objective is to provide our stockholders with attractive risk-adjusted returns through a combination of monthly dividends and net asset value accretion. We generate income from the interest earned on our investment assets, net of associated borrowing and hedging costs, and net realized gains and losses on our investments and hedging activities. We utilize an active portfolio management philosophy with the goal of preserving net asset value over a wide range of market scenarios.

    YA want some extra hot sauce with that order???
  • Leveraged. No thanks. And thanks a ton for that heads-up, @catch22. :)
  • I would be AGNostiC on this fund. Lame, isn't it?
  • @BenWP
    I think you're doing just fine in mind and spirit; and this is especially important as we are greeted by the winter time months in MI.
  • edited November 2021
    @catch22: I didn’t expect snow, but we have it today. Of course, the leaves, which fell in great numbers this week, cannot be blown or raked.
  • edited November 2021
    mREITs are highly leveraged portfolios of MBS (bonds), so quite rate sensitive.

    Equity real estate funds, including REITs, are totally different. VNQ etc.

    Fido has a unique real estate hybrid FRIFX that is less volatile than VNQ.
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