INVESTMENT PORTFOLIO
As of March 31, 2015, the Company's investment portfolio totaled $66.2 billion of agency MBS and TBA securities, comprised of:
$64.0 billion of fixed-rate securities, comprised of:
$25.7 billion d 15-year securities,
$(1.4) billion 15-year net short TBA securities,
$1.2 billion 20-year fixed-rate securities,
$32.2 billion 30-year fixed-rate securities and
$6.3 billion 30-year net long TBA securities;
$0.6 billion of adjustable-rate securities; and
$1.6 billion of collateralized mortgage obligations ("CMOs"), including principal and interest-only strips.