Steve Benedetti | Executive Vice President, Chief Financial Officer, Chief Operating Officer |
Byron Boston | President and Chief Executive Officer |
Smriti Popenoe | Executive Vice President, Co-Chief Investment Officer |
Alison Griffin | Vice President of Investor Relations |
Eric Hagen | KBW |
Doug Harter | Credit Suisse |
Trevor Cranston | JMP Securities |
Christopher Nolan | Ladenburg Thalmann |
Good morning. My name is Denise, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Dynex Capital Inc. Fourth Quarter Results Conference Call [Operator Instructions]. After the speakers' remarks, there will be a question-and-answer session [Operator Instructions].