Business Description
AGNC Investment Corp. is a real estate investment trust based in Bethesda, Maryland, that focuses on mortgage-backed securities supported by U.S. government guarantees. The company channels private money into the American housing market by purchasing residential mortgage assets, generating returns that are largely passed on to shareholders. By distributing at least 90% of its taxable income to investors, AGNC avoids most federal and state corporate taxes. Originally founded in 2008 under the name American Capital Agency Corp., the company took on its current name in 2016.
