May 30, 2019 / 05:00PM GMT
Bose Thomas George - Keefe, Bruyette, & Woods, Inc., Research Division - MD
Okay. Good afternoon. Let's get the next session started. Next up, we have AGNC Investment Corp. AGNC is an internally managed mortgage REIT with a market cap of roughly $9 billion. It's largely an Agency MBS REIT that does have a modest amount of credit exposure as well. From the company, we have Peter Federico, the President and Chief Operating Officer.
Questions and Answers:
Bose Thomas George - Keefe, Bruyette, & Woods, Inc., Research Division - MDSo Peter, let's start with a discussion about what you're seeing out there in the market in terms of the current returns on Agency MBS.
Peter J. Federico - AGNC Investment Corp. - President & COO
Sure. Bose, thanks for having us. As we talked about on our first quarter earnings call, the environment from an earnings perspective is a little bit more challenging today, but we're still able to find attractive return opportunities in the mortgage market.
Broadly speaking,