Alison Griffin | Vice President, Investor Relations |
Byron Boston | Chief Executive Officer and Co-Chief Investment Officer |
Smriti Popenoe | President and Co-Chief Investment Officer |
Stephen Benedetti | Executive Vice President, Chief Financial Officer, Chief Operating Officer |
Mike Brown | KBW |
Eric Hagen | BTIG |
Trevor Cranston | JMP Securities |
Jason Stewart | JonesTrading |
Christopher Nolan | Ladenburg Thalmann |
Ladies and gentlemen, thank you for standing by and welcome to Dynex Capital, Inc. Fourth Quarter 2020 Annual Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] I would now like to hand the conference over to your speaker today, Ms.