ANH-Anworth Mortgage Asset Corp. Strong Buy NYSE: ANH Price as of 09/15/2017 $6.06 Copyright ©2017 Ford Equity Research www.fordequity.com STRONG BUY Reiteration 9/15/17 We project that Anworth will strongly outperform the market over the next 6 to 12 months. This projection is based on our analysis of three key factors that influence common stock performance: earnings strength, relative valuation, and recent price movement. Previous Rating Strong Buy (5/20/17 - 8/11/17) 52-Week Price Range $4.72 - $6.32