ARMOUR Residential REIT, Inc. (ARR)

ARMOUR Residential REIT, Inc. is a publicly-traded real estate investment trust (REIT) that primarily invests in residential mortgage-backed securities (MBS). Founded in 2008, the company aims to generate stable returns for its investors by leveraging its expertise in managing a diverse portfolio of mortgage assets. Headquartered in Vero Beach, Florida, ARMOUR focuses on agency MBS, which are backed by government-sponsored enterprises like Fannie Mae, Freddie Mac, and Ginnie Mae. As of the latest available data, the company's CEO is Scott Ulm, who also serves as co-CEO alongside Jeffrey J. Zimmer. Both executives bring years of financial and operational experience to the firm. ARMOUR's business model is centered around leveraging short-term borrowings to fund its investment portfolio, aiming to benefit from the difference between the yield on its MBS and the cost of its borrowings. Investors interested in ARMOUR Residential REIT typically look for high dividend yields, which are often a hallmark of companies in the REIT sector. However, it's important for prospective investors to be aware of the interest rate risk associated with mortgage REITs, as fluctuations in interest rates can impact both the asset values and income streams of companies like ARMOUR.