PreferredStockChannel
AGNC Investment Corp | 6.125% Series F Fixed-To-Floating Rate Cumulative Redeemable Preferred Stock (AGNCP)

Prospectus excerpt:  AGNC Investment Corp. is offering 20,000,000 depositary shares, each representing a 1/1,000th interest in a share of 6.125% Series F Fixed-to-Floating Cumulative Redeemable Preferred Stock, $0.01 par value, with a liquidation preference of $25,000 per share (equivalent to a $25.00 liquidation preference per depositary share) (the “Series F Preferred Stock”). Each depositary share, evidenced by a depositary receipt, entitles the holder, through the depositary, to a proportional fractional interest in all rights and preferences of the Series F Preferred Stock (including dividend, voting, redemption and liquidation rights). The 20,000 shares of Series F Preferred Stock underlying the depositary shares will be deposited with Computershare Inc. and Computershare Trust Company, N.A., jointly as depositary.

Full Prospectus PDF », Secondary Prospectus PDF », AGNC Page »

Series:A
Redeemable?:Yes
Call Date:4/15/2025
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:20,000,000
Overallotment:3,000,000
Liquidation Preference:$25.00
Recent Market Price:$23.31
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-1.69 (-6.76%)
Annualized Dividend:1.53125
Recent Ex-Date:3/28/2024
Current Yield:6.57%
Original Coupon:6.125%
Pay Period:Quarterly
Pay Dates:15-Jan, 15-Apr, 15-Jul, 15-Oct
CDx3 Compliance Rating: Learn AGNCP's Rating
AGNC Investment is a real estate investment trust. Co. invests in Agency residential mortgage-backed securities, which consist of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (together with Fannie Mae, GSEs), or by a U.S. Government agency, such as the Government National Mortgage Association. Co. also invests in other assets related to the housing, mortgage or real estate markets that are not guaranteed by a GSE or U.S. Government agency.

Preferreds: AGNCN, AGNCM, AGNCO, AGNCP, AGNCL


Open the AGNC Information Page »
Name: 
AGNC Investment Corp
Website: 
www.agnc.com
Sector: 
REITs
Number of ETFs Holding AGNC: 
39 (see which ones)
Total Market Value Held by ETFs: 
$750,857,442.52
Total Market Capitalization: 
$6,227,000,000
% of Market Cap. Held by ETFs: 
12.06%

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