> l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1Courier New1Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)**_($* #,##0_);_($* (#,##0);_($* ""_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* ""_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* ""??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* ""??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)60%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0) + ) , * Ј ~~ ؈ ~~#؈ ~~ ؈ ~~8#܈ ~~4#܈ ~~9#܈ ~~7#܈ ~~3#܈ ~~#؈ ~~83ffff̙̙3f3fff3f3f33333f33Washington DC 20549TABLE OF CONTENTS_
Balance SheetNIncome Statement jShareholders EquityƖ
Cash Flows% 9Note 4 Investment Securities%U 9Note 4 Investment Securi (1)% 9Note 4 Investment Securi (2)%U 9Note 4 Investment Securi (3)%% 9Note 4 Investment Securi (4)%= 9Note 4 Investment Securi (5)&O 12Gains and Losses on Sale of >` 13Repurchase Agreements&Federal Home Loan Bank Advances& 15Derivative and Other Hedging& 15Derivative and Other Hed (1)&[ 15Derivative and Other Hed (2)& 15Derivative and Other Hed (3)&7 15Derivative and Other Hed (4)& 15Derivative and Other Hed (5)&p 15Derivative and Other Hed (6)&VDGain Loss From Derivative Instr&)^Gain Loss From Derivative I (1)&y 19Assets Pledged to Counterpar& 19Assets Pledged to Counte (1)&] 19Assets Pledged to Counte (2)&Offsetting Assets and Liabiliti&hOffsetting Assets and Liabi (1) &Accumulated Other Comprehensive&.Accumulated Other Comprehen (1)?Market InformationfMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)&1Interest Income and Asset Yield&BFInterest Income and Asset Y (1))ULeverage&Il 36Interest Expense and Cost of&Z 36Interest Expense and Cos (1)& 36Interest Expense and Cos (2)& 36Interest Expense and Cos (3)&% 38Net Spread and Dollar Roll I&Gain Loss on Sale of MortgageBa&E 39Gain Loss on Derivative Inst$z 40Dividends and Income Taxes$ 40Dividends and Income T (1)$ 41Other Comprehensive Income.Repurchase Agreements<Interest Rate RiskOSpread RiskaStock Repurchase Program&qItem 6 Exhibits and Financial S
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7TABLE OF CONTENTS
Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }%}$ }
AGNC Investment Corp.10Q
05/05/2016Washington, D.C. 20549
Delaware
261701984'(State or Other Jurisdiction of(I.R.S. Employer&Incorporation or Organization)Identification No.)
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(Tsg[7YMA=PF0*8X>
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }y
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AGNC Investment Corp.10Q
05/05/2016TABLE OF CONTENTS
PART I.
FINANCIAL INFORMATION
Item 1.Financial Statements~
Item 2.,
$Management's Discussion and Analysis~
n80of Financial Condition and Results of OperationsItem 3.0(Quantitative and Qualitative Disclosures~
About Market RiskItem 4.Controls and Procedures~
PART II.OTHER INFORMATIONItem 1.Legal Proceedings~
Item 1A.Risk Factors~
Item 2./'Unregistered Sales of Equity Securities~
and Use of ProceedsItem 3.'Defaults upon Senior Securities~
Item 4.Mine Safety Disclosures~
Item 5.Other Information~
Item 6.Exhibits~
Signatures~
Dlxl`
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTSIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }7}$
B
AGNC Investment Corp.10Q
05/05/2016
Balance Sheet
March 31, 2016
December 31, 2015(Unaudited)Assets:3
+Agency securities, at fair value (including~
Z
~
"
2*pledged securities of $51,786 and $48,380,
respectively)5Agency securities transferred to consolidated~
~
1)variable interest entities, at fair value(pledged securities)5Nonagency securities, at fair value (pledged~
~
securities)/'U.S. Treasury securities, at fair value ~
f(pledged securities)%REIT equity securities, at fair value~
~
!Cash and cash equivalents~
V~
Z,$Restricted cash and cash equivalents~
Z~
( Derivative assets, at fair value~
~
F6.Receivable under reverse repurchase agreements~
n1~
Other assets~
~
Total assets~
~
zLiabilities:Repurchase agreements~
r~
jDl
lpdzC}6Ga !"#$%&'()*+,./0123456789:;<=>?' Federal Home Loan Bank advances~
v/ ~
: .!&Debt of consolidated variable interest~
!!!~
!N !"entities, at fair value(# Payable for securities purchased~
#
##~
##$%Derivative liabilities, at fair value~
$$$~
$$%Dividends payable~
%&%%~
%*%0&(Obligation to return securities borrowed~
&1&&~
&&,'$under reverse repurchase agreements,
(at)
fair value6*.Accounts payable and other accrued liabilities~
*"**~
**+Total liabilities~
+BW++~
+j+,Stockholders' equity:,,,/'Preferred stock  $0.01 par value; 10.0.shares authorized:/%Redeemable Preferred Stock; $0.01 par~
/B//~
/B/00(value; 6.9 shares issued and outstanding,1$(aggregate liquidation preference of~
2r43,Common stock  $0.01 par value; 600.0 shares3334authorized;65.331.0 and 337.5 shares issued and outstanding,~
555~
556respectively"7Additional paidin capital~
7277~
778Retained deficit~
888~
8J8.9&Accumulated other comprehensive income~
9:99~
99:(loss)";Total stockholders' equity~
;w;;~
;;2<*Total liabilities and stockholders' equity~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTS
Balance SheetShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }6}$
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AGNC Investment Corp.10Q
05/05/2016Income Statement
$
Three Months Ended March 31,~
~
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~
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#Other comprehensive income:DY
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Balance SheetIncome Statement
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016Shareholders' Equity
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Balance SheetIncome StatementShareholders Equity 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016
Cash Flows
$
Three Months Ended March 31,~
~
~Operating activities:
Net loss~
~
2*Adjustments to reconcile net income (loss)5to net cash provided by operating activities:.&Amortization of premiums and discounts~
Z~
*"on mortgagebacked securities, net7/Amortization of accumulated other comprehensive~
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v1)loss on interest rate swaps dedesignatedas qualifying hedges.&(Gain) loss on sale of mortgagebacked~
~
rsecurities, net0(Loss on derivative instruments and other~
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securities, net+#(Increase) decrease in other assets~
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.&Increase in accounts payable and other~
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accrued liabilities1)Net cash provided by operating activities~
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nD7
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~
n.Financing activities:.../%Proceeds from repurchase arrangements~
/.//~
/T/)0!Payments on repurchase agreements~
0*l00~
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1 11 1132+Payments on Federal Home Loan Bank advances~
2
22 2213)Payments on debt of consolidated variable~
333~
3v34interest entities5%Payments for common stock repurchases~
5255 556Cash dividends paid~
666~
6B617)Net cash provided by financing activities~
7&77~
7u7/8'Net change in cash and cash equivalents~
888~
88.9&Cash and cash equivalents at beginning~
9Z99~
99: of period2;*Cash and cash equivalents at end of period~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTS
Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }1}$
AGNC Investment Corp.10Q
05/05/2016' 9Note 4. Investment Securities
March 31, 20161)Investments in MortgageBacked Securities Amortized
Gross
Gross
Fair ValueCost
Unrealized
Unrealized
Gain
LossAgency MBS:
Fixed rate~
ZC~
~
~
.NAdjustable rate~
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~
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016' 9Note 4. Investment Securities
December 31, 20151)Investments in MortgageBacked Securities Amortized
Gross
Gross
Fair ValueCost
Unrealized
Unrealized
Gain
LossAgency MBS:
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~
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016' 9Note 4. Investment Securities
March 31, 20161)Investments in MortgageBacked Securities
Fannie MaeFreddie Mac
Ginnie Mae
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016' 9Note 4. Investment Securities
December 31, 20151)Investments in MortgageBacked Securities
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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05/05/2016' 9Note 4. Investment Securities
March 31, 2016
December 31, 20155Estimated Weighted Average Life of Securities
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016' 9Note 4. Investment Securities
$
Unrealized Loss Position ForLess than 12 Months
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5) 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016A9 12Gains and Losses on Sale of MortgageBacked Securities
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of !Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016 13Repurchase Agreements
March 31, 2016
December 31, 2015Remaining MaturityRepurchase AgreementsWeighted WeightedRepurchase AgreementsWeightedWeightedAverage Average Days
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to Maturity
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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05/05/2016'Federal Home Loan Bank Advances
March 31, 2016
December 31, 2015Remaining Maturity
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
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Balance SheetIncome StatementShareholders Equity
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AGNC Investment Corp.10Q
05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
Payer Swaptions
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
March 31, 2016
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
March 31, 2016
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016VN 15Derivative and Other Hedging Instrument Assets (Liabilities), at Fair Value
March 31, 2016
December 31, 2015 TBA Securities by CouponNotionalCost
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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05/05/2016^V_____________________Gain (Loss) From Derivative Instruments and Other Securities, Net
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016^V_____________________Gain (Loss) From Derivative Instruments and Other Securities, Net
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016+# 19Assets Pledged to Counterparties
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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05/05/2016+# 19Assets Pledged to Counterparties
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016+# 19Assets Pledged to Counterparties
March 31, 2016
December 31, 20150(Securities Pledged by Remaining Maturity( Fair Value of Pledged Securities Amortized
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1)!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016
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Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other ComprehensiveMarket InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/20165Accumulated Other Comprehensive Income (Loss)
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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&
Interest Rate/Security Price 1
Mar. 31, 2015
June 30, 2015
Sept. 30, 2015
Dec. 31, 2015
Mar. 31, 2016
Mar. 31, 2016
vs
Dec. 31, 2015
LIBOR:
1Month
0.18%
0.19%
0.19%
0.43%
0.44%
+0.01
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0.27%
0.28%
0.33%
0.61%
0.63%
+0.02
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0.40%
0.44%
0.53%
0.85%
0.90%
+0.05
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2Year U.S. Treasury
0.56%
0.64%
0.64%
1.06%
0.73%
0.33
bps3Year U.S. Treasury
0.88%
0.99%
0.92%
1.32%
0.86%
0.46
bps5Year U.S. Treasury
1.37%
1.63%
1.37%
1.77%
1.22%
0.55
bps10Year U.S. Treasury
1.93%
2.33%
2.06%
2.27%
1.78%
0.49
bps30Year U.S. Treasury
2.54%
3.10%
2.88%
3.01%
2.62%
0.39
bps Interest Rate Swap Rate:
2Year Swap
0.81%
0.89%
0.76%
1.17%
0.85%
0.32
bps3Year Swap
1.11%
1.24%
0.99%
1.41%
0.96%
0.45
bps5Year Swap
1.53%
1.77%
1.40%
1.73%
1.18%
0.55
bps10Year Swap
2.03%
2.44%
2.01%
2.19%
1.64%
0.55
bps30Year Swap
2.39%
2.92%
2.53%
2.62%
2.13%
0.49
bps%30Year Fixed Rate MBS Price:
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016Market Information
March 31, 2016
December 31, 2015MBS and TBA SecuritiesAmortized Cost
Fair Value
Average Coupon
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016Market Information
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Fair Value
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Cost
Cost Basis
WAC 3
Yield 4
Age (Months)
CPR 4
Fixed rate
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? 2.5%~
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2.97%
2.04%~
9%3.0%~
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73%103.0%
3.50%
2.19%~
10%3.5%~
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D
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3.95%
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11%4.0%~
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66
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4.40%
2.69%~
13%4.5%~
z~
~
98%104.6%
4.87%
3.02%~
13%? 5.0%~
~
~
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6.56%
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~
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3.71%
2.36%~
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3.55%
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4.54%
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12%? 5.0%~
~
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5.89%
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~
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016Market Information
December 31, 2015!Includes Net TBA Position!Excludes Net TBA Position$Agency Fixed Rate Securities Par Value Amortized
Fair Value
'% Lower Loan Balance & HARP 1,2 AmortizedWeighted AverageProjected Life
Cost
Cost Basis
WAC 3
Yield 4
Age (Months)
CPR 4
Fixed rate
? 15year
? 2.5%~
A~
:B ~
A
47%101.8%
2.97%
2.04%~
8%3.0%~
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NC ~
~C
73%103.1%
3.50%
2.22%~
9%3.5%~
C~
&F ~
6G
88%103.6%
3.95%
2.53%~
10%4.0%~
5~
8 ~
:9
89%104.4%
4.40%
2.71%~
11%4.5%~
~
~
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98%104.9%
4.87%
3.04%~
12%? 5.0%~
~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTS
Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }6}$
AGNC Investment Corp.10Q
05/05/2016
Balance Sheet 1
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }6}$ }$}$ }$
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AGNC Investment Corp.10Q
05/05/2016Income Statement
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Three Months Ended March 31,.&Statement of Comprehensive Income Data~
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }0}$ }$}$ } }$} $ }
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AGNC Investment Corp.10Q
05/05/2016'Interest Income and Asset Yield
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016'Interest Income and Asset Yield
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016Leverage
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016D<_______________________ 36Interest Expense and Cost of Funds
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016D<_______________________ 36Interest Expense and Cost of Funds
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016D<_______________________ 36Interest Expense and Cost of Funds
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016D<_______________________ 36Interest Expense and Cost of Funds
$
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTS
Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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05/05/2016,$ 38Net Spread and Dollar Roll Income
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTS
Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016>6Gain (Loss) on Sale of MortgageBacked Securities, Net
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016JB 39Gain (Loss) on Derivative Instruments and Other Securities, Net
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
Spread RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }U5}$
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05/05/2016% 40Dividends and Income Taxes
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7Washington DC 20549TABLE OF CONTENTS
Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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05/05/2016% 40Dividends and Income Taxes
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1)Repurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016% 41Other Comprehensive Income
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
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AGNC Investment Corp.10Q
05/05/2016Repurchase Agreements
March 31, 2016CounterParty Region!Number of CounterParties/'Percent of Repurchase Agreement Funding
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase Agreements
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AGNC Investment Corp.10Q
05/05/2016Interest Rate Risk #
Interest Rate Sensitivity 1&Percentage Change in ProjectedChange in Interest RateNet Interest Income 2Portfolio MarketNet Asset Value 3,5
Value 3,4As of March 31, 2016100 Basis Points24.1%
1.1%
9.2%50 Basis Points
7.1%
0.3%
2.1%+50 Basis Points
+3.4%
0.2%
2.0%+100 Basis Points
+4.1%
0.9%
7.5%As of December 31, 2015100 Basis Points17.3%
0.4%
2.8%50 Basis Points
4.2%
+0.1%
+0.6%+50 Basis Points
+2.0%
0.5%
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+2.5%
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate RiskStock Repurchase Program!Item 6 Exhibits and Financial SU }U}$ }}$ }
AGNC Investment Corp.10Q
05/05/2016Spread Risk 2
*Spread Sensitivity of Agency MBS Portfolio~
&Percentage Change in Projected
Change in MBS Spread
Portfolio
Net AssetMarket Value 2,4 Value 2,3As of March 31, 201625 Basis Points
+1.2%+10.1%10 Basis Points
+0.5%
+4.0%+10 Basis Points
0.5%
4.0%+25 Basis Points
1.2%10.1%As of December 31, 201525 Basis Points
+1.3%+10.2%10 Basis Points
+0.5%
+4.1%+10 Basis Points
0.5%
4.1%+25 Basis Points
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016 Stock Repurchase Program
Settlement Date(
Total Number of Shares Purchased
(
Average Net Price Paid Per Share
0
(Total Number of Shares Purchased as Part
0
(Maximum Number of Shares That May Yet Be1)of Publicly Announced Plans or Programs 1.&Purchased Under the Publicly AnnouncedPlans or Programs,
$February 8, 2016  February 29, 2016
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Balance SheetIncome StatementShareholders Equity
Cash Flows 9Note 4 Investment Securities 9Note 4 Investment Securi (1) 9Note 4 Investment Securi (2) 9Note 4 Investment Securi (3) 9Note 4 Investment Securi (4) 9Note 4 Investment Securi (5)! 12Gains and Losses on Sale of 13Repurchase Agreements!Federal Home Loan Bank Advances! 15Derivative and Other Hedging! 15Derivative and Other Hed (1)! 15Derivative and Other Hed (2)! 15Derivative and Other Hed (3)! 15Derivative and Other Hed (4)! 15Derivative and Other Hed (5)! 15Derivative and Other Hed (6)!Gain Loss From Derivative Instr!Gain Loss From Derivative I (1)! 19Assets Pledged to Counterpar! 19Assets Pledged to Counte (1)! 19Assets Pledged to Counte (2)!Offsetting Assets and Liabiliti!Offsetting Assets and Liabi (1) !Accumulated Other Comprehensive!Accumulated Other Comprehen (1)Market InformationMarket Information (1)Market Information (2)Market Information (3)Balance Sheet (1)Income Statement (1)!Interest Income and Asset Yield!Interest Income and Asset Y (1)
Leverage! 36Interest Expense and Cost of! 36Interest Expense and Cos (1)! 36Interest Expense and Cos (2)! 36Interest Expense and Cos (3)! 38Net Spread and Dollar Roll I!Gain Loss on Sale of MortgageBa! 39Gain Loss on Derivative Inst 40Dividends and Income Taxes 40Dividends and Income T (1) 41Other Comprehensive IncomeRepurchase AgreementsInterest Rate Risk
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AGNC Investment Corp.10Q
05/05/2016:2Item 6. Exhibits and Financial Statement Schedules
Exhibit No.
Description@%American Capital Agency Corp. Amended
2
*and Restated Certificate of Incorporation,2*as amended April 20, 2016, filed herewith.*3.24,American Capital Agency Corp. Second Amended5and Restated Bylaws, as amended, incorporated2*herein by reference to Exhibit 3.2 of Form1)10K for the year ended December 31, 20110((File No. 00134057), filed February 23,~
r*3.3%Certificate of Designations of 8.000%0(Series A Cumulative Redeemable Preferred/'Stock, incorporated herein by reference7/to Exhibit 3.1 of Form 8K (File No 00134057),filed April 3, 2012.*3.4%Certificate of Designations of 7.750%0(Series B Cumulative Redeemable Preferred/'Stock, incorporated herein by referenceDlocWK?8~F o$4 !"#$%&'()*+,./0123456789:;<=>? 8 0to Exhibit 3.3 of Form 8A (File No. 00134057),!!!filed May 7, 2014.""#*4.1#2#*Instruments defining the rights of holders$$4$,of securities: See Article IV of our Amended%%2%*and Restated Certificate of Incorporation,&&4&,as amended, incorporated herein by reference''3'+to Exhibit 3.1 of Form 10Q for the quarter((2(*ended March 31, 2012 (File No. 00134057),)))filed May 9, 2012.**+*4.2+2+*Instruments defining the rights of holders,,3,+of securities: See Article VI of our Second0(Amended and Restated Bylaws, as amended,..3.+incorporated herein by reference to Exhibit//4/,3.2 of Form 10K for the year ended December005031, 2011 (File No. 00134057), filed February111 23, 2012.223*4.33:32Form of Certificate for Common Stock, incorporated4474/herein by reference to Exhibit 4.1 to Amendment5535+No. 4 to the Registration Statement on Form6616)S11 (Registration No. 333149167), filed777May 9, 2008.889*4.4969.Specimen 8.000% Series A Cumulative Redeemable::1:)Preferred Stock Certificate, incorporated;;2;*herein by reference to Exhibit 4.1 of Form<<0<(8K (File No. 00134057), filed April 3,==~
=r>>?*4.5?6?.Specimen 7.750% Series B Cumulative RedeemableD
lv^nK3FV)d*C@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@@1@)Preferred Stock Certificate, incorporatedAA2A*herein by reference to Exhibit 4.1 of FormBB4B,8A (File No. 00134057), filed May 7, 2014.CCD*4.6D3D+Deposit Agreement, dated May 8, 2014, amongEE4E,American Capital Agency Corp., ComputershareFFF%Inc. and Computershare Trust Company,GG1G)N.A., jointly as depositary, incorporatedHH2H*herein by reference to Exhibit 4.2 of FormII4I,8K (File No. 00134067), filed May 8, 2014.JJK*4.7K0K(Form of Depositary Receipt, incorporatedLL2L*herein by reference to Exhibit 4.3 of FormMM4M,8K (File No. 00134067), filed May 8, 2014.NN
O*10.1O5OForm of American Capital Agency Corp. AmendedPP.P&and Restated Equity Incentive Plan forQQ+Q#Independent Directors, incorporatedRR0R(herein by reference to Appendix 1 of theSS/S'Definitive Proxy Statement for the 2016TT2T*Annual Meeting (File No. 00134057), filedUUUMarch 11, 2016.VVW?@W7W/Certification of CEO Pursuant to Section 302(a)XX*X"of the SarbanesOxley Act of 2002.YYZ333333?@Z7Z/Certification of CFO Pursuant to Section 302(a)[[*["of the SarbanesOxley Act of 2002.\\~
]]0](Certification of CEO and CFO Pursuant to^^0^(Section 906 of the SarbanesOxley Act of__~
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