Orchid Island Management Group

Orchid Island Capital, Inc. (NYSE: ORC) is a publicly traded real estate investment trust (REIT) founded in 2010. The company's business objective is to provide attractive risk-adjusted total returns to its investors over the long term, primarily through dividends and secondarily through capital appreciation. It achieves this by investing in residential mortgage-backed securities (RMBS) for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored enterprise. The company is externally managed and advised by Bimini Advisors, LLC, a wholly-owned subsidiary of Bimini Capital Management, Inc. The name queried, "Orchid Island Management Group," refers to this external management function rather than a distinct legal entity.