AGNC Investment Corp

AGNC Investment Corp operates as a USbased real estate investment trust REIT Its core business involves acquiring residential mortgagebacked securities and collateralized mortgage obligations the principal and interest of which are guaranteed by US government agencies or governmentsponsored enterprises The company primarily finances these investments using secured debt arrangements specifically repurchase agreements By electing REIT tax status under the 1986 Internal Revenue Code the firm avoids federal corporate income tax liability provided it distributes a minimum of 90 of its taxable income to shareholders Established in 2008 AGNC Investment Corp maintains its corporate headquarters in Bethesda Maryland and adopted its current name in September 2016 having previously been known as American Capital Agency Corp