Our Newest 6.5% Yielding Purchase

Trades Placed

• Purchased 1,580 shares of AGNCP (AGNCP) at $23.68 per share

Index Cards

Source: The REIT Forum

Execution

Source: Schwab

Returns for Open Positions

Source: The REIT Forum

Conclusion

We haven’t highlighted AGNCP in our public articles yet, but we published this trade alert for our paid subscribers (on Seeking Alpha) in real-time (on 02/07/2022). We wanted to share it with the readers who have chosen to get our articles from Thereitforum.com as this opportunity is still actionable. Shares of AGNCP right now are trading at $23.59.

For the lowest risk preferred shares (from AGNC and NLY), we’re also fond of AGNCN, AGNCO, NLY-I, and NLY-F. We find AGNCM and NLY-G less attractive due to the materially lower spreads when their floating rates kick in.

Disclosure: Long AGNCP, AGNCO

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