ARMOUR Residential REIT, Inc. (2AR)

Profile

https://www.armourreit.com

ARMOUR Residential REIT, Inc. is a U.S. mortgage real estate investment trust focused on owning and managing a portfolio of residential mortgage-backed securities. The company primarily invests in agency-issued or agency-guaranteed securities backed by fixed-rate, hybrid adjustable-rate, and adjustable-rate home loans, along with selected government-related debt instruments and money market holdings. Its business is centered on generating income from the spread between the yields on its mortgage assets and the cost of financing those assets. ARMOUR Residential REIT serves as a specialized participant in the housing finance market, providing exposure to residential mortgage credit through a portfolio built around government-sponsored and government-backed securities. Headquartered in Vero Beach, Florida, the company operates in the U.S. financial sector and maintains a strategy concentrated on residential mortgage-related investments.