mREIT Armour Residential REIT Releases Monthly Update

mREIT Armour Residential REIT (NYSE:ARR) has released an new investor presentation today.  ARR releases a monthly update in this format.

We post this since ARR has 2 monthly paying perpetual preferreds outstanding with current yields in the 8% area.

The new presentation can be see here.

Since we are on the hunt for further we are taking a little more interest in the mREIT preferreds.

5 thoughts on “mREIT Armour Residential REIT Releases Monthly Update”

  1. Note some call risk on A; B callable but presumably protected by higher yielding A.

  2. I’ve owned the two preferred shares ARR-A and ARR-B for a several years and considered them a corner stone of my portfolio. Steady monthly income with very little variation in share price over the past 12 months. On a hunch I sold my entire position in early December and shortly afterwords the shares took a wicked dive. Now they’re trading back above par again, but I took a closer look at their business and I’m not really interested in rebuilding my position.

  3. I remember a few years back this was one of the worst quality mREIT, I don’t know if something changed later on.

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