SOURCE: Five Star Equities

Five Star Equities

February 29, 2012 08:20 ET

High Yield REITs Struggled in February - American Capital Agency and Chimera Investment Look to Rebound

Five Star Equities Provides Stock Research on American Capital Agency & Chimera Investment Corporation

NEW YORK, NY--(Marketwire - Feb 29, 2012) - Shares of high yielding REITs have been relatively flat this month. The Vanguard REIT ETF -- which tracks the performance of an index that measures the performance of publicly traded equity REITs -- is underperforming the Dow Jones Industrial in February with the latest problem for mortgage REITs involving government-backed refinancing programs for underwater homeowners, Forbes reports. Five Star Equities examines the outlook for diversified REITs and provides investment research on American Capital Agency Corporation (NASDAQ: AGNC) and Chimera Investment Corporation (NYSE: CIM). Access to the full company reports can be found at:

Earlier this year President Obama proposed to help about 3.5 million people with good credit that are unable to refinance at historically low rates because their homes are worth less than their mortgages. The Obama administration took steps last fall to help as many as 11 million underwater homeowners whose loans were backed or owned by Fannie Mae, Freddie Mac or the Federal Housing Administration, and now the administration wants to expand that program to the remaining underwater homeowners, whose loans are owned by banks or investors.

According to Forbes, Mortgage REITs stand to "lose millions in profits" if big numbers of the mortgages they're holding now are paid off early in favor of new, cheaper loans.

Five Star Equities releases regular market updates on diversified REITs so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Chimera Investment Corporation is a specialty REIT managed by Fixed Income Discount Advisory Company (FIDAC), a wholly owned subsidiary of Annaly Capital Management. The company invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and other asset classes. Chimera presently pays an annual dividend of 44 cents for a yield of around 14.4 percent.

American Capital Agency Corporation pays an annual dividend of five dollars per share for a hefty yield of around 16.3 percent. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored entities or by the United States government agency.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

Contact Information