AGNC Investment Corp. Announces New Investment Research Initiative

Rhea-AI Summary

AGNC Investment Corp (Nasdaq: AGNC) has announced significant leadership changes and a new investment research initiative effective March 20, 2025. Peter Federico, the company's President and CEO, will expand his role to include Chief Investment Officer responsibilities. Christopher Kuehl, the current Chief Investment Officer, will transition to the newly created position of Head of Investment Research and Strategy.

The reorganization aims to enhance AGNC's portfolio management strategies through advanced data analytics and financial technology. In his new role, Kuehl will focus on developing new analytic techniques and technologies to drive innovation across AGNC's operations, maintaining its position as the Premier Agency Residential Mortgage REIT.

Positive

• Strategic focus on enhancing investment capabilities through advanced analytics and technology
• Retention of experienced leadership with Christopher Kuehl remaining in senior management
• Organizational restructuring to strengthen research and innovation capabilities

Negative

• Potential operational risks during leadership transition period
• Uncertain outcomes from implementing new investment research strategies

BETHESDA, Md., March 20, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that, effective March 20, 2025, Peter Federico, the Company's President and Chief Executive Officer, will also serve as AGNC's Chief Investment Officer. Christopher Kuehl, the Company's current Chief Investment Officer, will assume the newly created role of Head of Investment Research and Strategy. In his new capacity, Mr. Kuehl will remain an integral member of AGNC's management team and provide a dedicated focus on incorporating enhanced data and analytical capabilities into the Company's portfolio management strategies.

"Our goal of generating attractive yield-driven total returns for our stockholders requires AGNC to continuously evolve in today's dynamic and everchanging macroeconomic environment," said Mr. Federico. "Over the past few years, significant advances in financial technology and data analysis applications have provided the foundation for the development of new tools for investment decisioning, portfolio construction, risk management strategies, and operational infrastructure improvements. Chris has been, and in his new role will continue to be, a trusted and highly valued member of AGNC's management team and a significant contributor to our performance."

"Given my interest in mortgage analytics and extensive experience in Agency MBS investments, I am excited to lead AGNC's research initiative," said Mr. Kuehl. "In this new capacity, I will be able to dedicate my focus on identifying and developing new analytic techniques and technologies to drive innovation across all facets of AGNC's business and operations. Today's rapidly changing fixed income investment landscape and technological advances provide an opportunity for AGNC to build upon, and improve, our existing investment infrastructure, enabling AGNC to maintain its position as the Premier Agency Residential Mortgage REIT for years to come."

For further information or questions, please contact Investor Relations at (301) 968-9300 or IR@AGNC.com.

ABOUT AGNC INVESTMENT CORP.
Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor in Agency residential mortgage-backed securities (Agency MBS), which benefit from a guarantee against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae. We invest on a leveraged basis, financing our Agency MBS assets primarily through repurchase agreements, and utilize dynamic risk management strategies intended to protect the value of our portfolio from interest rate and other market risks.

AGNC has a track record of providing favorable long-term returns for our stockholders through substantial monthly dividend income, with over $14 billion of common stock dividends paid since inception. Our business is a significant source of private capital for the U.S. residential housing market, and our team has extensive experience managing mortgage assets across market cycles. To learn more about The Premier Agency Residential Mortgage REIT, please visit www.AGNC.com, follow us on LinkedIn and X, and sign up for Investor Alerts.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results could differ materially from those projected in these forward-looking statements due to a variety of important factors, including, without limitation, changes in interest rates, changes in the yield curve, changes in prepayment rates, the availability and terms of financing, changes in the market value of the Company's assets, general economic conditions, market conditions, conditions in the market for agency securities, and legislative and regulatory changes that could adversely affect the business of the Company. Certain factors that could cause actual results to differ materially from those contained in the forward-looking statements, are included in the Company's periodic reports filed with the Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. The Company disclaims any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information, or otherwise.

CONTACT:
Investor Relations - (301) 968-9300
Media Relations - (301) 968-9303

View original content:https://www.prnewswire.com/news-releases/agnc-investment-corp-announces-new-investment-research-initiative-302407436.html

SOURCE AGNC Investment Corp.

FAQ

What changes did AGNC Investment Corp announce in its leadership structure for 2025?

AGNC announced that CEO Peter Federico will also serve as Chief Investment Officer, while current CIO Christopher Kuehl will become Head of Investment Research and Strategy, effective March 20, 2025.

What is the main focus of AGNC's new investment research initiative?

The initiative focuses on incorporating enhanced data analytics and financial technology into portfolio management strategies, investment decisioning, and risk management.

How will Christopher Kuehl's new role impact AGNC's investment strategy?

As Head of Investment Research and Strategy, Kuehl will focus on developing new analytic techniques and technologies to drive innovation across AGNC's business operations.

What is AGNC's strategic goal behind these organizational changes?

AGNC aims to generate attractive yield-driven total returns for stockholders by evolving their investment approach in response to dynamic macroeconomic conditions.