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/C O R R E C T I O N -- AGNC Investment Corp./
In the news release "AGNC Investment Corp. Announces Fourth Quarter 2021 Financial Results," issued Jan. 31, 2022 by AGNC Investment Corp. over PR Newswire,
About this update from Agnc Investment Corp.
[{"type":"text","content":"In the news release \"AGNC Investment Corp. Announces Fourth Quarter 2021 Financial Results,\" issued Jan. 31, 2022 by AGNC Investment Corp. over PR Newswire, we are advised by the Company that the final table in the release titled \"Key Statistics\" inadvertently contained incorrect data as originally issued. The complete, corrected release follows:\n\nAGNC Investment Corp. Announces Fourth Quarter 2021 Financial Results\n\n\nBETHESDA, Md., Jan. 31, 2022 /PRNewswire/ -- AGNC Investment Corp. (\"AGNC\" or the \"Company\") (Nasdaq: AGNC) today announced financial results for the quarter ended December 31, 2021.\nFOURTH QUARTER 2021 FINANCIAL HIGHLIGHTS \n$(0.31) comprehensive loss per common share, comprised of: $(0.10) net loss per common share $(0.21) other comprehensive loss (\"OCI\") per common share on investments marked-to-market through OCI$0.75 net spread and dollar roll income per common share, excluding estimated \"catch-up\" premium amortization cost 1 Includes $0.31 per common share of dollar roll income associated with the Company's $29.0 billion average net long position in Agency mortgage-backed securities (\"MBS\") in the \"to-be-announced\" (\"TBA\") market Excludes $(0.08) per common share of estimated \"catch-up\" premium amortization cost due to change in projected constant prepayment rate (\"CPR\") estimates$15.75 tangible net book value per common share as of December 31, 2021 Decreased $(0.66) per common share, or -4.0%, from $16.41 per common share as of September 30, 2021$0.36 dividends declared per common share for the fourth quarter -1.8% economic return on tangible common equity for the quarter Comprised of $0.36 dividends per common share and $(0.66) decrease in tangible net book value per common shareOTHER FOURTH QUARTER HIGHLIGHTS \n$82.0 billion investment portfolio as of December 31, 2021, comprised of: $52.6 billion Agency MBS $27.1 billion net TBA mortgage position $2.3 billion credit risk transfer (\"CRT\") and non-Agency securities 27.7x tangible net book value \"at risk\" leverage as of December 31, 2021 7.6x average tangible net book value \"at risk\" leverage for the quarterCash and unencumbered Agency MBS totaled approximately $4.9 billion as of December 31, 2021 Excludes unencumbered CRT and non-Agency securities and assets held at the Company's broker-dealer subsidiary, Bethesda Securiti...