Company: ADAMM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001273685-25-000047
Chunk: 127

Company: ADAMAS TRUST, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 127
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 securities during the period.

The following tables summarize our investment securities portfolio as of March 31, 2025 and December 31, 2024 (dollar amounts in thousands):

March 31, 2025UnrealizedWeighted AverageInvestment SecuritiesCurrent Par ValueAmortized CostGainsLossesFair ValueCoupon (1)Yield (2)Available for Sale (“AFS”) Agency RMBSFixed rate$4,339,392 $4,325,156 $41,378 $(6,080)$4,360,454 5.71 %5.72 %Adjustable rate127,884 126,208 2,246 — 128,454 5.45 %5.53 %IO1,100,271 81,252 2,484 (13,924)69,812 1.69 %10.21 %Total Agency RMBS5,567,547 4,532,616 46,108 (20,004)4,558,720 4.77 %5.81 %Non-Agency RMBSSenior41,628 41,628 42 (8)41,662 8.24 %8.20 %Subordinated6,959 6,353 — (2,519)3,834 4.42 %5.27 %IO336,568 12,722 5,569 — 18,291 1.57 %28.86 %Total Non-Agency RMBS385,155 60,703 5,611 (2,527)63,787 2.34 %12.27 %U.S. Treasury securities24,920 25,342 — (1,037)24,305 3.81 %3.61 %Total - AFS$5,977,622 4,618,661 51,719 (23,568)4,646,812 4.58 %5.90 %Consolidated SLSTNon-Agency RMBSSubordinated$238,535 $178,810 $3,602 $(47,652)$134,760 4.70 %7.67 %IO127,297 13,829 — (528)13,301 3.50 %8