Capstead Mortgage Corporation Updates First Quarter 2020 Conference Call Time

DALLAS--(BUSINESS WIRE)--Capstead Mortgage Corporation (NYSE: CMO) (“Capstead” or the “Company”) announced today that it has updated its first quarter 2020 conference call time. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, April 30, 2020, at 9:30 a.m. ET.

To access the conference call, dial toll free [phone] in the U.S., [phone] for Canada, or [phone] for international callers and ask to join the Capstead Mortgage Corporation call. The audio replay will be available one hour after the end of the conference call. The replay can be accessed by dialing toll free [phone] in the U.S., [phone] for Canada, or [phone] for international callers and entering conference number 10142563.

A live audio webcast of the conference call can be accessed through a link in the investor relations section of the Company’s website at www.capstead.com. Please allow extra time prior to the call to download and install audio software, if needed. An audio archive of the webcast will be available until July 29, 2020 on the Company’s website.

About Capstead

Capstead is a self-managed real estate investment trust, or REIT, for federal income tax purposes. The Company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae, Freddie Mac, or by an agency of the federal government, Ginnie Mae.

Capstead’s investment strategy attempts to mitigate risks to book value by focusing on investments in agency-guaranteed residential mortgage pass-through securities, which are considered to have little, if any, credit risk and are collateralized by ARM loans with interest rates that reset periodically to more current levels.