American Capital Mortgage Investment Corp. (Nasdaq: MTGE) is a mortgage REIT that invests in, finances and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments, other mortgage-related investments and healthcare-related real estate investments.
The employees of the parent company of our Manager consist of a mortgage investment team along with support personnel that are fully dedicated to managing and servicing companies that invest in the mortgage investment industry. The members of our Manager’s investment team each have significant experience in mortgage asset management, and we expect them to be a differentiating competitive advantage relative to our competitors. We believe that our Manager will be able to leverage the existing internal resources and capabilities of our Manager’s parent and its affiliates, which we believe will be beneficial to our investors.
Our Corporate Structure
We have elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended. We generally will not be subject to federal income taxes on our taxable income to the extent that we annually distribute all of our taxable income to stockholders and maintain our intended qualification as a REIT.
MTGE is externally managed and advised by American Capital MTGE Management, LLC, an affiliate of American Capital Agency Corp., pursuant to the terms of the management agreement. Our Manager is responsible for administering our business activities and day-to-day operations, subject to the supervision and oversight of our Board of Directors.