|
|
Preferred Stock OfferingsBy Preferred Stock Channel Staff, updated Thursday, May 2, 6:32 AM
Slide #525. Dynex Capital, Inc. — Preferred Stock Offering
Dynex Capital is an internally managed mortgage real estate investment trust, which primarily invests in residential and commercial mortgage-backed securities (MBS). Co. finances its investments principally with borrowings under repurchase agreements. Co. is primarily invested in Agency MBS including residential MBS, commercial MBS (CMBS) and CMBS interest-only (IO) securities. Agency MBS have an implicit guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity. Co. also has investments in non-Agency MBS, which consist mainly of CMBS IO. Non-Agency MBS are issued by non-governmental enterprises and do not have a guaranty of principal payment. Preferreds: DX.PRA, DX.PRB, DX.PRC Open the DX Page at Preferred Stock Channel »
Open the DX Page at Preferred Stock Channel (in a new window) »
|