A Broad Investment Universe

Seeking attractive risk-reward outcome by considering all options

We consider and invest in a broad collection of mortgage securities. This expanded investment universe enables us to structure the IVR portfolio in ways that are designed to enhance risk-adjusted returns to shareholders.

Our investment universe includes:
  • Agency RMBS - Residential mortgage-backed securities for which a U.S. government agency or a federally chartered corporation guarantees payment of principal and interest
  • Non-agency RMBS - Residential mortgage securities that are not issued or guaranteed by a U.S. government agency
  • CMBS - Mortgage-backed securities used to finance commercial properties
  • Loans - Private label debt instruments financing residential and commercial properties