MTGE Investment Corp. (“MTGE”) is a hybrid mortgage real estate investment trust (“REIT”) that invests in agency mortgage-backed securities
non-agency mortgage investments, and other real estate-related assets, including skilled nursing and senior living facilities operated by third parties. Our principal investment objective is to provide our stockholders with attractive risk-adjusted returns through a combination of quarterly dividends and net asset value accretion. We generate income from the interest earned or lease payments received on our investment assets, net of associated borrowing and hedging costs, and net realized gains and losses on our investments and hedging activities. We utilize an active portfolio management philosophy with the goal of preserving net asset value over a wide range of market scenarios. We were founded in 2011 and are headquartered in Bethesda, Maryland. We are externally-managed by a subsidiary of AGNC Investment Corp. (Nasdaq: AGNC) and our common stock is traded on the Nasdaq Global Select Market under the symbol “MTGE.”
The parent company of our external manager, AGNC Investment Corp. (Nasdaq: AGNC) is a real estate investment trust that invests predominately in agency mortgage-backed securities.
Our wholly-owned subsidiary that invests in senior living and skilled nursing facilities operated by third parties.
Our Value Proposition
Strong Risk-Adjusted Returns
Since our 2011 IPO, MTGE has generated an 10% annualized economic return for common stockholders
Highly Successful Investment Team
Through our management agreement with a subsidiary of AGNC Investment Corp. (Nasdaq: AGNC), MTGE has access to an experienced, highly successful investment team and associated operational infrastructure, providing scale benefits not typically associated with a mortgage REIT of MTGE’s size.
Broad Investment Capabilities
As a hybrid REIT, MTGE has the ability to invest across the mortgage spectrum, including agency and non-agency securities, credit risk transfer instruments, and mortgage servicing rights, in response to market conditions. Recent investments in skilled nursing and senior housing facilities further expand MTGE’s opportunity set, providing strong projected returns and further diversifying MTGE’s portfolio.
Disciplined Risk Management
MTGE’s disciplined approach to risk management, which is based on careful asset selection, active comprehensive hedging and strong funding diversification has enabled MTGE to deliver strong risk-adjusted returns while protecting net asset value.
MTGE has consistently been an industry leader in financial disclosure and capital management actions, including share buybacks.