ARMOUR Residential REIT, Inc.

Mortgage REIT investing in government-backed U.S. residential mortgage securities

What ARMOUR Residential REIT does

ARMOUR Residential REIT buys bonds made up of bundled U.S. home loans instead of owning physical property. Most of these bonds are issued or guaranteed by government-sponsored agencies such as Fannie Mae and Freddie Mac, or by Ginnie Mae. It also holds U.S. Treasuries, agency notes and money market instruments.

How ARMOUR Residential REIT makes money

It earns interest income from its portfolio of mortgage-backed securities and government debt, keeping the gap between that income and its funding costs. As a REIT, it pays out most of its taxable income to shareholders as dividends.

Products & services

• Agency residential mortgage-backed securities (GSE-guaranteed)
• Ginnie Mae-guaranteed MBS
• Fixed-rate and adjustable-rate mortgage securities
• Hybrid adjustable-rate mortgage securities
• GSE unsecured notes and bonds
• U.S. Treasuries and money market instruments