Bimini Advisors provides portfolio management services to Orchid Island Capital (OIC), a publicly traded specialty finance company. Bimini has the authority to make investment decisions for OIC, including selecting securities and broker-dealers. Bimini also provides consulting services to OIC regarding investments, financing, and regulatory compliance. Bimini primarily invests in mortgage-backed securities.
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250.0M | 1.50% |
| $250.0M - $500.0M | 1.25% |
| $500M+ | 1.00% |