AG Mortgage Investment Trust (NYSE:MITT) is a publicly traded, closed-end management investment company that primarily focuses on investing in U.S. residential mortgage assets. The firm seeks to generate current income for its shareholders by acquiring a diversified portfolio of mortgage loans and mortgage-backed securities. As an externally managed mortgage real estate investment trust (REIT), AG Mortgage Investment Trust aims to deliver attractive risk-adjusted returns through active portfolio management and interest rate hedging strategies.
The company’s investment portfolio is concentrated in adjustable-rate residential mortgage loans, including so-called “jumbo” prime ARMs, as well as Agency and non-Agency residential mortgage-backed securities (RMBS). AG Mortgage Investment Trust employs quantitative analytics and scenario‐based stress testing to assess credit and prepayment risk. To mitigate exposure to rising interest rates, the trust utilizes interest rate derivatives such as U.S. Treasury futures and interest rate swaps, aiming to preserve net interest margin in varying market environments.
AG Mortgage Investment Trust launched its initial public offering in January 2014 and is externally managed by Angel Oak Capital Advisors, LLC, an Atlanta‐based investment manager specializing in mortgage credit strategies. The company’s executive team is led by President and Chief Executive Officer Steven Rosenbusch, who co‐founded Angel Oak and brings extensive experience in mortgage investing and risk management. The board of directors provides independent oversight of the trust’s policies, operations, and asset valuation practices.
Headquartered in Atlanta, Georgia, AG Mortgage Investment Trust serves investors seeking exposure to the U.S. single-family mortgage market. The trust’s portfolio spans all major regions of the United States, with investments selected based on credit quality, loan structure, and relative value. Through regular dividend distributions and active risk control, AG Mortgage Investment Trust offers a specialized vehicle for income-oriented investors in the mortgage credit sector.
