Arlington Asset Investment Corp.

Investment ManagementVirginia, United States11-50 Employees

Arlington Asset Investment Corp. (NYSE: AAIC) is a principal investment firm that currently acquires and holds a levered portfolio of mortgage investments. 
The Company's mortgage investments generally consist of (i) agency mortgage-backed securities ("MBS"​) and (ii) mortgage credit investments.  The Company's agency MBS consist of residential mortgage pass-through certificates for which the principal or interest is guaranteed by either a U.S. government sponsored enterprise ("GSE"​) such as Fannie Mae or Freddie Mac, or by a U.S. government agency, such as Ginnie Mae.  The Company's mortgage credit investments may include investments in mortgage loans secured by either residential or commercial real property or MBS collateralized by such mortgage loans, which are referred to as non-agency MBS.  The principal and interest payments of the Company's mortgage credit investments are not guaranteed by a GSE or U.S. government agency.

The Company prudently leverages its investment portfolio so as to increase potential returns to its shareholders.  It funds its investments primarily through short-term financing arrangements, principally through repurchase agreements.  The Company enters into various hedging transactions to mitigate the interest rate sensitivity of its cost of borrowing and the value of its fixed-rate mortgage investment portfolio.

The Company's common stock is publicly traded on the New York Stock Exchange under the symbol "AAIC."​  Beginning with its tax year 2019, the Company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal tax purposes.  Previously, it was taxed as a C corporation for U.S. federal tax purposes.  It is an internally managed company and does not have an external investment adviser.

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