Our business objective is to provide attractive risk-adjusted total returns over the long term through a combination of capital appreciation and the payment of regular monthly distributions. We invest in residential mortgage-backed securities which are issued and guaranteed by a federally chartered corporation or agency (“Agency RMBS”). We fund these investments through short-term borrowings structured as repurchase agreements. Income generated for distribution to our shareholders is based primarily on the net interest margin earned on our leveraged Agency RMBS portfolio.

10.0%

Five Year Total Return (through 6/30/2021)

15.0%

Dividend Yield (as of 6/30/2021)

$4.7 Billion

Agency RMBS Portfolio (as of 6/30/2021)

$553.8 Million

Total Stockholders’ Equity (as of 6/30/2021)