Trade Alert

Summary

• Using the current rally to close out our position.

• Proceeds in cash for now. Will be evaluating alternatives.

Trades Placed

• Sold 310 Dynex Capital (DX) at $12.505.

• Sold 621 DX at $12.505.

• Sold 398 DX at $12.5062.

Note: The first 2 sales occurred within the same transaction for 931 shares. Because the first two positions were opened on separate days, they were separate positions in our portfolio.

Commentary