Agnc Investment Corp. · NASDAQ:AGNC
Agnc Investment — Investor Presentation (May 2024)
19 slides from Agnc Investment's investor presentation, May 2024
Slide 1: Corporate Presentation First Quarter 2024
CORPORATE PRESENTATION FIRST QUARTER • 2024 THE PREMIER AGENCY RESIDENTIAL MORTGAGE REIT © 2024 AGNC Investment Corp. All Rights Reserved.
Slide 2: Important Notices
IMPORTANT NOTICES Safe harbor statement under the Private Securities Litigation Reform Act of 1995 This presentation contains statements that, to the extent they are not recitations of historical fact, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Re
Slide 3: AGNC at a Glance
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Slide 4: AGNC at a Glance
AGNC AT A GLANCE 2008 YEAR FOUNDED AGNC Investment Corp. (Nasdaq: AGNC) is an internally managed mortgage REIT built with the objective of generating favorable long-term stockholder returns with a substantial yield component through levered investments in Agency residential mortgage-backed securitie
Slide 5: Our Mission and Values
OUR MISSION AND VALUES A STOCKHOLDER-DRIVEN MISSION At AGNC, our mission is to generate attractive yield-driven total returns for our stockholders through responsible investments in Agency MBS, which in turn supports the American economy and promotes social mobility through increased access to homeo
Slide 6: Our History: Becoming an Industry Leader
OUR HISTORY: BECOMING AN INDUSTRY LEADER AGNC was formed in 2008 – in the midst of the Great Financial Crisis – when our founders saw an opportunity to create a best-in-class Agency MBS investor with a differentiated approach. Since then, we have navigated a myriad of market cycles, exogenous events
Slide 7: Experienced Executive Leadership
EXPERIENCED EXECUTIVE LEADERSHIP Our seasoned management team is comprised of financial services experts with decades of experience successfully navigating the mortgage finance market and managing levered Agency MBS portfolios throughout market cycles. 30 Years AVERAGE PROFESSIONAL EXPERIENCE Peter
Slide 8: The Agency MBS Market Opportunity
THE AGENCY MBS MARKET OPPORTUNITY
Slide 9: Agency MBS: An Overview of the Asset
AGENCY MBS: AN OVERVIEW OF THE ASSET Agency mortgage-backed securities (MBS) are fixed income securities representing interests in pools of mortgage loans secured by residential real property. The principal and interest payments on these securities are guaranteed TYPICAL LOAN CHARACTERISTICS by one
Slide 10: The Agency MBS Lifecycle
THE AGENCY MBS LIFECYCLE “The market for Agency mortgage-backed securities...is closely linked to the Treasury market and critically supports the ability of people to get a mortgage to buy a house or refinance an existing mortgage.” JEROME POWELL, CHAIR OF THE U.S. FEDERAL RESERVE | FOMC PRESS CONFE
Slide 11: Agency MBS: A Favorable Building Block for Any Portfolio
AGENCY MBS: A FAVORABLE BUILDING BLOCK FOR ANY PORTFOLIO Agency MBS assets benefit from compelling fundamentals and favorable attributes that make them a critical building block of any investment portfolio. Differentiated Asset Compelling Yield and Excess Returns • Minimal correlation to Government
Slide 12: Agency MBS: Attractive Technicals Present a Compelling Opportunity
AGENCY MBS: ATTRACTIVE TECHNICALS PRESENT A COMPELLING OPPORTUNITY Agency MBS benefit from a historically favorable outlook in the current environment following a challenging transitionary period, as the Federal Reserve concludes its quantitative tightening process and reduces the pace of balance sh
Slide 13: The AGNC Advantage
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Slide 14: AGNC: Built with Purpose
AGNC: BUILT WITH PURPOSE As a best-in-class Agency MBS investor, AGNC is the source for: PROVEN LONG-TERM PERFORMANCE Since our May 2008 IPO, our dividend-driven total stock return has significantly exceeded those of 370% comparable indices and other yield-oriented alternatives, which illustrates th
Slide 15: Powerful Asset. Premier Approach.
POWERFUL ASSET. PREMIER APPROACH. Selecting high quality assets, optimizing financing structures, and managing market risks are critical components of levered fixed income investing. Since inception, our dynamic portfolio strategies have been a major driver of AGNC’s outperformance across economic c
Slide 16: Proven Long-Term Performance
PROVEN LONG-TERM PERFORMANCE Since our May 2008 IPO, our total stock return has significantly exceeded those of yield- oriented equity alternatives and other Agency MBS investment vehicles, which illustrates the durability of our business model and the benefit of being a long-term investor in AGNC.
Slide 17: Substantial Dividend Yield
SUBSTANTIAL DIVIDEND YIELD AGNC’s dividend yield meaningfully exceeds those of financial services indices, other traditional yield-oriented sectors, and other Agency MBS-focused models, providing a substantial monthly income component to total returns. Dividend Yields 16.0% 14.5% 14.0% 12.1% 12.0% 1
Slide 18: A Long-Standing Focus on Efficiency and Transparency
A LONG-STANDING FOCUS ON EFFICIENCY AND TRANSPARENCY AGNC’s stockholder-friendly platform provides industry-leading operating efficiency, significant scale, and a long-standing commitment to transparent investor communications and stockholder-focused capital management. Operating Cost Structures Sto
Slide 19: Contact Us
CONTACT US 7373 Wisconsin Avenue (301) 968-9315 www.AGNC.com 22nd Floor IR@AGNC.com Nasdaq: AGNC Bethesda, MD 20814 Media@AGNC.com Connect With Us