Lument Finance Trust, Inc.

Good morning and thank you for joining the Lumen Finance Trust First Quarter 2024 Earnings Call. Today's call is being recorded and will be made available via webcast on the company's website. I would now like to turn the call over to Andrew Chang with Investor Relations at Lumen Investment Management. Please go ahead.

Good morning, everyone, and thank you for joining our call to discuss Lumen Finance Trust First Quarter 2024 Financial Results. With me on the call today are Jim Flynn, our CEO, Jim Briggs, our CFO, Jim Henson, our President, and Zach Halpern, our Managing Director of Portfolio Management. On Thursday, May 9th, we filed the 10Q with the SEC and issued a press release to provide details on our first quarter results. We also provided a supplemental earnings presentation, which can be found on our website. Before handing the call over to Jim Flynn, I'd like to remind everyone that certain statements made during the course of the call are not based on historical information and may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. These results and uncertainties are discussed in the company's filings reported with the SEC, in particular the risk factors section reform 10-K. It is not possible to predict or identify all such risks, and listeners are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to update any of these forward-looking statements. Further, certain non-GAAP financial measures will be discussed on this conference call. A presentation of this information is not intended to be considered in isolation nor as a substitute for the financial information presented in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP can be accessed through our filings with the SEC. For the first quarter of 2024, the company reported GAAP net income of 11 cents and distributable earnings of 15 cents per share of common stock, respectively. In March, we also declared a dividend of 7 cents per common share of stocks with respect to the first quarter.

I will now turn the call over to Jim Flynn. Please go ahead. Thank you, Andrew.