AGNC Investment Corp. (AGNCN) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
AGNC Investment Corp.
Address
7373 Wisconsin Avenue
Bethesda, MD 20814
United States of America (the)
Phone
301 968 9315
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
54
First IPO Date
August 16, 2017
Key Executives
| Name | Title | Pay | Year Born |
| Peter J. Federico | President, Chief Executive Officer & Director and Chief Investment Officer | 8.46M | 1966 |
| Kenneth L. Pollack | Executive Vice President, General Counsel, Chief Compliance Officer & Secretary | 2.5M | 1968 |
| Sean Reid | Executive Vice President of Strategy & Corporate Development | 2.88M | N/A |
| Christopher J. Kuehl | Senior Vice President and Head of Investment Research & Strategy | 3.13M | 1974 |
| Bernice E. Bell | Executive Vice President & Chief Financial Officer | 3.41M | 1972 |
| Gary D. Kain | Executive Chairman | 3.54M | 1965 |
| Cynthia Warnick | Vice President of Human Resources | 0 | N/A |
| Katie R. Wisecarver | Vice President of Investor Relations | 0 | N/A |
| Christopher Erhorn | Senior Vice President & Chief Technology Officer | 0 | N/A |
| Jason Campbell | Head of Asset & Liability Management and Senior Vice President | 0 | N/A |
Description
AGNC Investment Corp. operates as a U.S.-based real estate investment trust (REIT). Its primary focus is on acquiring residential mortgage-backed securities (RMBS) and collateralized mortgage obligations (CMOs). A key characteristic of these assets is that their principal and interest payments are backed by guarantees from U.S. government agencies or government-sponsored enterprises, enhancing their credit quality. To finance these holdings, AGNC predominantly relies on secured borrowing arrangements, specifically repurchase agreements, using its portfolio as collateral. As an elected REIT under the Internal Revenue Code of 1986, the company enjoys exemption from federal corporate income tax. This tax-advantaged status is contingent upon distributing at least 90% of its taxable income to its shareholders annually. Originally incorporated in 2008, the entity was previously known as American Capital Agency Corp. before adopting its current name, AGNC Investment Corp., in September 2016. Its corporate headquarters are located in Bethesda, Maryland.
