Chimera Investment Corporation · NYSE:CIM
Chimera Investment — Shareholder Meeting (May 2017)
11 slides from Chimera Investment's shareholder meeting presentation, May 31, 2017
Slide 1: Annual Meeting 2017
Annual Meeting 2017 June 2017
Slide 2: Disclaimer
DISCLAIMER This material is not intended to be exhaustive, is preliminary in nature and may be subject to change. In addition, much of the information contained herein is based on various assumptions (some of which are beyond the control of Chimera Investment Corporation, the “Company”) and may be i
Slide 3: Chimera is a residential mortgage REIT
Chimera is a residential mortgage REIT Information is unaudited, estimated and subject to change. Chimera develops and manages a portfolio of leveraged mortgage investments to produce an attractive quarterly dividend for shareholders All data as of March 31, 2017 Established in 2007Total Capital $3.
Slide 4: Five Year Total Return has outperformed its peers and the S&P 500
Five Year Total Return Information is unaudited, estimated and subject to change. Chimera has outperformed its peers and the S&P 500 All data as of March 31, 2017*Assuming reinvestment of dividendsSource: Bloomberg 4
Slide 5: Portfolio Composition
Portfolio Composition Information is unaudited, estimated and subject to change. 81% of Chimera’s equity capital is allocated to residential mortgage credit Total Assets: $15.9 billion (1) Total Assets: $4.1 billion (1) All data as of March 31, 2017(1) Financing excluded unsettled trades Residential
Slide 6: Small balance residential loan portfolio has 63% of its total portfolio in residential mortgage loans
Small balance residential loan portfolio Information is unaudited, estimated and subject to change. Chimera has 63% of its total portfolio in residential mortgage loans All data as of March 31, 2017 Seasoned Low Loan Balance Mortgage Portfolio Total Current Unpaid Principal Balance $12.3 Billion Tot
Slide 7: 2016 Securitization Activity
2016 Securitization Activity Information is unaudited, estimated and subject to change. Chimera securitized $5.8 billion in 2016 growing the investment portfolio to $16.3 billion Liquidation Preference $25.00 per share Loan Securitizations All data as of March 31, 2017 Chimera has one of the largest
Slide 8: 2017 Securitization Activity
2017 Securitization Activity Information is unaudited, estimated and subject to change. Chimera securitized $4.1 billion in 2017 growing the investment portfolio to $20.0 billion Liquidation Preference $25.00 per share Loan Securitizations All data as of March 31, 2017 Chimera closed four securitiza
Slide 9: Capital Markets Activity
Capital Markets Activity Information is unaudited, estimated and subject to change. Chimera raised $470 million in preferred equity in the past six months Liquidation Preference $25.00 per share All data as of March 31, 2017 Preferred Stock Series A is a fixed coupon and is callable in 5 years on Oc
Slide 10: Summary
Summary Information is unaudited, estimated and subject to change. Chimera has assembled a portfolio of unique mortgage assets with a goal to provide high and durable income to shareholders Franchise Mortgage Assets Positive Macro Economic Environment Opportunity for Permanent Capital 10
Slide 11: We. CHIMERA SEEN
We. CHIMERA SEEN