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daniel_ludeke

daniel_ludeke
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  • The mortgage REITs are lit up bright red (MORT -1.9%), again led by American Capital Agency (AGNC -3.5%) and American Capital Mortgage (MTGE -3%), with Annaly (NLY -3.1%) not far behind. Yes, the 10-year Treasury yield is a 3 bps higher, but there's also rare action in Fed Funds futures, now pricing in a whopping 50 bps in rate hikes by this time 2016. AGNC presents at the JMP Conference at 2 ET. [View news story]
    jpm1jr....Thank you for your answer. But kindly correct me if I'm wrong with this assumption.
    Let's picture the FED stops QE3 and the mortgage rates go up, wouldn't that give mREIT'S more space to make even more profits?
    (spread between short and long term rates, I mean).
    Therefore being able to increase their BV and even pay more in dividends , all at the same time?
    That's what I was thinking when I stated that I thought getting the FED out of their way will be actually more profitable for them.
    Please correct me if I am wrong.
    Kind Regards.
    May 13, 2013. 04:54 PM | Likes Like |Link to Comment
  • The mortgage REITs are lit up bright red (MORT -1.9%), again led by American Capital Agency (AGNC -3.5%) and American Capital Mortgage (MTGE -3%), with Annaly (NLY -3.1%) not far behind. Yes, the 10-year Treasury yield is a 3 bps higher, but there's also rare action in Fed Funds futures, now pricing in a whopping 50 bps in rate hikes by this time 2016. AGNC presents at the JMP Conference at 2 ET. [View news story]
    I'd appreciate if anyone out there could explain something to me.
    Are the "talks" of the FED of unwinding QE3 the cause of these sell-offs? Wouldn't it be better for REIT'S like AGNC when the FED actually gets out of the way? So, why all this fuzz? I think the market is overreacting way out of proportion. What do you think?
    May 13, 2013. 02:12 PM | 1 Like Like |Link to Comment
  • There's no dividend cut for American Capital Agency (AGNC), which holds its payout at $1.25/share. There's no special dividend either, meaning the company likely was able to buck up the regular payment by using capital gains from the sale of MBS. Shares +1.8% AH. (PR[View news story]
    I'm glad you're amazed, cause lately the only thing I read from you IS how bad AGNC is going to be. I'm confindent on its CEO, nevertheless also long AGNC. Glad I didn't follow your advice on this money making stock.
    Dec 15, 2012. 04:04 AM | 1 Like Like |Link to Comment
  • Understanding 15% mREIT Yields For Retail Investors [View article]
    Hi Todd
    Excelent article. I have NLY, IVR and ARR in my portfolio. (1000 shares of each). The only one I'm loosing money with, so far is NLY. (significant drop in price share since I bought them) I had AGNC too , but sold it recently for a sound profit. My intention is to by again AGNC ( I like that stock a lot). My question is: What would it be smarter, to buy it on March 5th (ex-div date) for roughly $ 1.25 less a share and sacrifice the dividend pay-off for the first quarter ( I can live with that), or buy it anyway as close as possible to $ 30/sh, before ex div date? I understand its book value is around $ 27.71. What would YOU do? Thanks a lot for your response and thanks for a great article.
    Feb 19, 2012. 09:10 AM | 1 Like Like |Link to Comment
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