ARMOUR Residential REIT offers a yield above 22% but remains a neutral-rated hold due to persistent headwinds. ARR underperforms key benchmarks and peers, with weak momentum, elevated leverage, and negative EPS growth expectations. Despite strong profit margins and agency MBS focus, short-term funding costs and dividend coverage concerns elevate risk.
AGNC's MBS portfolio was negatively impacted by rising rates in Q3. The current MBS environment is starting to look attractive.
Third Quarter 2026 Asset Allocation Outlook Recession likelihood is low over our three-year forecast period. Economic growth continues near trend, with policy spurring business investment.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Michelle S. Hickox FIRST FINANCIAL BANKSHARES Inc. | 17,381 | $151,649 | $144,262.3 | -$7,386.7 | -4.87% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 20,027 | $174,134.77 | $164,922.34 | -$9,212.43 | -5.29% |
| TL Tim Leary Flow Traders U.S. LLC | 62,019 | $535,546.75 | $515,067.79 | -$20,478.96 | -3.82% |
Kyle P. Smith NewEdge Wealth LLC | 2.18M | $18.68M | $18.12M | -$559,528 | -3% |
Candace Cavalier Congress Wealth Management LLC / DE / | 6.79M | $58.9M | $56.36M | -$2.54M | -4.31% |
| NASDAQ (NMS) Exchange | US Country |
The fund specializes in investing predominantly in mortgage-backed securities (MBS), dedicating at least 80% of its net assets, in addition to any borrowed funds for investment purposes, to this type of security. By focusing on MBS, the fund aims to provide investors with a way to access the real estate market indirectly through securities that are secured by mortgage loans. The fund operates under a non-diversified status, meaning it may be more significantly impacted by the performance of individual investments than diversified funds. This focused approach is intended for investors looking for specific exposure to the mortgage-backed securities market, possibly seeking to complement their diversified investments or to capitalize on the performance of the housing and real estate sectors.
The main investment focus of the fund is detailed in its products and services, which include:
This primary investment vehicle of the fund involves putting at least 80% of its net assets, alongside any amounts borrowed for investment purposes, into MBS. These are securities whose income payments and hence value are derived from and secured by a specified pool of underlying mortgage loans. The fund's emphasis on MBS provides investors with exposure to the residential and commercial mortgage markets without the need for direct investment in physical real estate.
Up to 20% of the fund's net assets can be invested in various asset-backed securities. ABS are similar to MBS, but instead of being secured by mortgage loans, they are backed by other types of financial assets, such as auto loans, student loans, credit card debt, etc. This allows the fund to diversify its investments slightly within the realm of securitized assets, offering investors a broader exposure to different segments of the credit market.