DX

Dynex Capital, Inc.

A mortgage real estate investment trust that earns money by buying bundles of home loans backed by government-sponsored agencies like Fannie Mae and Freddie Mac, then pocketing the difference between what those loans pay and the cost to borrow. Founded in 1987, it first listed as Resource Mortgage Capital before renaming itself Dynex Capital — a nod to its "dynamic," flexible investment approach — and moving to the New York Stock Exchange. Unlike REITs that own office towers or malls, Dynex plays on the financing side, trading mortgage securities rather than physical property.

Common Stock