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Dynex Capital Inc (NYSE:DX)

7.27
Delayed Data
As of Oct 23
 -0.09 / -1.22%
Today’s Change
6.49
Today|||52-Week Range
7.41
+6.60%
Year-to-Date
SECTOR
Finance
INDUSTRY
Real Estate Investment Trusts
MARKET CAP
$362.4M

Company Description

Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage-backed securities on a leveraged basis. It primarily invests in Agency and non-Agency mortgage-backed securities (MBS) consisting of residential MBS (RMBS), commercial MBS (CMBS), and CMBS interest-only (IO) securities. The company may also invest in other types of mortgage-related securities, such as to-be-announced (TBA) forward contracts for the purchase or sale of generic Agency MBS. The Agency RMBS investments include MBS collateralized by adjustable-rate mortgage loans and hybrid adjustable-rate mortgage loans. The firm generally invests in senior classes of non-Agency RMBS. The CMBS investments are primarily fixed-rate Agency-issued securities backed by multifamily housing loans; as well as both Agency and non-Agency issued securities backed by other commercial real estate property types such as office building, retail, hospitality, and healthcare. The CMBS IO are interest-only securities issued as part of a CMBS securitization. The company invests in both Agency-issued and non-Agency issued CMBS IO. Dynex Capital was founded on December 18, 1987 and is headquartered in Glen Allen, VA.

Contact Information

Dynex Capital, Inc.
4991 Lake Brook Drive
Glen Allen Virginia 23060-9245
P:(804) 217-5800
Investor Relations:
(804) 217-5897

Employees

Shareholders

Individual stakeholders9.43%
Other institutional24.42%
Mutual fund holders21.67%

Top Executives

Byron L. BostonPresident, Chief Executive Officer & Director
Stephen J. BenedettiCOO, CFO & Executive Vice President
Smriti Laxman PopenoeCo-Chief Investment Officer & Executive VP
Jeffrey L. ChildressVP, Principal Accounting Officer & Controller
Alison G. GriffinVice President-Investor Relations