We take a look at the action in preferreds and baby bonds through the first week of September and highlight some of the key themes we are watching. Preferred stocks delivered strong returns this week, supported by healthy income levels and falling yields, with sector credit spreads remaining tight. AGNC issued a new fixed-rate preferred at 8.75%, offering a higher coupon than NLY.PR.J and appealing to investors seeking fixed-rate exposure.

AGNC Investment Corp. (AGNC) has launched its 8.75% Series H Cumulative Perpetual Preferred Stock (AGNCZ)/AGNNL, offering an attractive high-yield opportunity. AGNCZ/AGNNL stands out for its strong dividend coverage, solid mREIT backing, and favorable credit spread compared to sector peers. AGNCZ/AGNNL is currently priced slightly above par, reflecting strong initial demand. For me, it is more appealing than AGNC's other preferreds and most high-yield sector alternatives.

The Dividend Harvesting Portfolio hit all-time highs, delivering a 33.5% return and $2,566 in forward annualized dividend income on a $23,600 investment. I expect the upcoming Fed rate cut to benefit my portfolio, especially high-yield positions like AGNC and new additions like QDTE for weekly income. My diversified approach—spanning equities, REITs, ETFs, CEFs, and BDCs—continues to drive robust income growth and mitigate downside risk.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

It is tempting to reach for yield if you are a dividend investor. I know, I've done it.

Get paid monthly from your neighbors! MBS are low-risk investments but highly sensitive to interest rate changes. The Fed is primed to get this party started.

Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-traded-monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (77); 2. Stocks-by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash Flow Margins (31). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings All per prices as of 8/29/25.

BETHESDA, Md. , Sept. 3, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that it has priced a public offering of 12,000,000 depositary shares with a liquidation preference of $25.00 per share (the "Depositary Shares"), for gross proceeds of $300 million before deducting underwriting discounts and other estimated offering expenses.

Banks don't hold the loans they originate on their balance sheet; that would result in severe limitations to their lending. We dive into the history of mortgages and explain how home ownership became accessible for millions of Americans. We discuss preferred securities of popular agency mREITs that pay significant, well-covered dividends.

I am bullish on AGNC, as imminent Fed rate cuts should lower funding costs, widen spreads, and boost book value and origination activity. Despite a decade of capital losses, AGNC's high dividend yield has made it a net positive investment for long-term income-focused investors. Q2 results showcased strong risk management, liquidity, and portfolio positioning, enabling AGNC to capitalize on future rate declines and MBS demand.