Dynex Capital Investor Relations Material

Dynex Capital, Inc. acquires and manages a portfolio of residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), commercial mortgage loans, and other real estate-related investments in the United States. Dynex Capital provides short-term, bridge loan financing through the origination of CMBS loans. The company's investment strategy is primarily to make gains on interest rate changes and credit spreads or by trading with volume floor discounts while seeking to maintain a low duration exposure level.