Invesco Mortgage Capital Inc.

Invesco Mortgage Capital Inc. is a Maryland corporation that primarily invests in, finances, and manages mortgage-backed securities (MBS) and other mortgage-related assets. The company aims to provide attractive risk-adjusted returns to stockholders through dividends and capital appreciation. As of December 31, 2025, the company's investments included residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) guaranteed by U.S. government agencies like Ginnie Mae, or federally chartered corporations such as Fannie Mae or Freddie Mac (collectively, Agency RMBS and Agency CMBS). During the periods covered in this report, the company also invested in CMBS and RMBS not guaranteed by a U.S. government agency or federally chartered corporation (non-Agency CMBS and non-Agency RMBS), to-be-announced securities forward contracts (TBAs) to purchase Agency RMBS, real estate-related financing arrangements through unconsolidated ventures, and U.S. Treasury securities. The company conducts its business through its wholly-owned subsidiary, IAS Operating Partnership L.P. Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Advisers, Inc., an indirect wholly-owned subsidiary of Invesco Ltd. The company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes, which generally requires it to distribute at least 90% of its REIT taxable income to stockholders annually.