On January 14, AGNC Investment bucked a broadly negative trading day by advancing 1.94%, even as major U.S. equity benchmarks declined. The S&P 500 slipped by 0.8% and the Nasdaq Composite fell 1.2% on renewed rate-cut skepticism following mixed economic data. AGNC’s total return was driven by a 2.1% increase in its agency MBS portfolio valuation, supported by tightening spreads between mortgage-backed securities and Treasury yields. Trading volume in AGNC shares rose 35% above its 30-day average, suggesting increased investor interest in its high-income profile amid volatile fixed-income markets.

Effective January 12, AGNC’s Board welcomed back Dr. Morris Davis as an independent director, expanding the board to ten members, eight of whom are independent. Dr. Davis previously served on AGNC’s board from May 2008 until March 2025, when he joined the Council of Economic Advisors as Chief Housing Economist. He will sit on the Compensation and Corporate Governance Committee. With a Ph.D. in Economics from the University of Pennsylvania and more than 5,400 academic citations, Dr. Davis brings deep expertise in real estate finance and housing policy, enhancing AGNC’s governance with insights drawn from roles at Rutgers Business School and the Federal Reserve Banks of Minneapolis and Chicago.