Company: ADAMM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001273685-25-000047
Chunk: 210

Company: ADAMAS TRUST, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 2
Chunk 210
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,120 5,938 — 19,058 1.52 %28.86 %Total Non-Agency RMBS400,305 66,203 6,098 (2,614)69,687 2.01 %14.02 %U.S. Treasury securities652,792 657,659 — (35,614)622,045 4.16 %4.13 %Total - AFS$5,297,827 $3,886,897 $18,959 $(77,312)$3,828,544 4.04 %5.98 %Consolidated SLSTNon-Agency RMBSSubordinated$242,088 $181,716 $4,945 $(52,134)$134,527 4.60 %6.02 %IO129,478 14,634 — (653)13,981 3.50 %8.54 %Total Non-Agency RMBS371,566 196,350 4,945 (52,787)148,508 4.21 %6.23 %Total - Consolidated SLST$371,566 $196,350 $4,945 $(52,787)$148,508 4.21 %6.23 %Total Investment Securities$5,669,393 $4,083,247 $23,904 $(130,099)$3,977,052 4.05 %5.94 %

(1)Our weighted average coupon was calculated by dividing our annualized coupon income by our weighted average current par value for the respective periods.

(2)Our weighted average yield was calculated by dividing our annualized interest income by our weighted average amortized cost for the respective periods.

As of March 31, 2025 and December 31, 2024, the three-month weighted average conditional prepayment rate, or CPR of our Agency RMBS was 6.18% and 13.57%, respectively.   

As of March 31, 2025 and December 31, 2024, investment securities with a fair value of $4.3 billion and $3.7 billion, respectively, were pledged as collateral under the Company's outstanding repurchase agreements.

As of March 31, 2025 and December 31, 2024