AGNC preferred shares offer high yields with reduced risk due to improved fundamentals and strong equity cushion.

AGNC Investment Corp. has strengthened its financial position with improved net interest income, tighter RMBS spreads, and enhanced market liquidity, reducing investment risk. Its preferred shares now yield 8.5%-9% and are considered among the lowest-risk mREIT preferreds, supported by a $12 billion equity cushion and steady cash flows. The company’s frequent common stock issuance benefits preferred shareholders by increasing the equity buffer and dividend safety. Investors can choose between fixed-rate and floating-rate preferreds based on interest rate outlook, with AGNCZ favored if rates stay flat or decline, and AGNCP preferred if rates rise.