Company: CIMO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038345
Chunk: 32

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 32
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, we purchased $2.4 billion of investments and received $840 million in principal payments related to our Agency MBS, Non-Agency RMBS and Loans held for investment portfolio.

The following table summarizes certain characteristics of our portfolio at June 30, 2025 and December 31, 2024. 

June 30, 2025December 31, 2024Interest earning assets at period-end (1)$14,326,573 $12,780,065 Interest bearing liabilities at period-end$11,737,352 $10,014,759 GAAP Leverage at period-end 4.5:1 4.0:1GAAP Leverage at period-end (recourse) 1.8:1 1.2:1

(1) Excludes cash and cash equivalents.

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June 30, 2025December 31, 2024June 30, 2025December 31, 2024Portfolio CompositionAmortized CostFair ValueNon-Agency RMBS6.8 %7.9 %7.1 %8.3 %Senior3.2 %3.7 %4.0 %4.8 %Subordinated2.5 %3.0 %2.5 %2.9 %Interest-only1.1 %1.2 %0.6 %0.6 %Agency RMBS18.2 %3.7 %18.3 %3.7 %Pass-through15.6 %— %15.7 %— %CMO2.5 %3.6 %2.5 %3.6 %Interest-only0.1 %0.1 %0.1 %0.1 %Agency CMBS0.4 %0.4 %0.3 %0.4 %Project loans0.3 %0.3 %0.2 %0.3 %Interest-only0.1 %0.1 %0.1 %0.1 %Loans held for investment74.6 %88.0 %74.3 %87.6 %Fixed-rate percentage of portfolio85.7 %87.9 %85.1 %87.3 %Adjustable-rate percentage of portfolio14.3