Armchair Insider

ADAMH Adamas Trust 9.875% Senior Notes due 2030

Took profits above par and switched to Annaly Series G. This was the later exit after a repurchase. Adamas Trust 9.875% senior notes due 2030, formerly NYMTH. Distinct from ADAMI.

Armchair historySoldJun 28, 2026

Date of the newsletter disclosure. Latest-year investment returns are separate from Armchair’s own trading results.

Hypothetical investment

Growth of $10,000

Dividends reinvested · no additional contributions

ADAMH would be worth$11,414Available history · 5Y requested · as of Sep 21, 2026

S&P 500 (SPY)$12,563Same $10,000 · same dates

Total gain / loss+$1,414+14.1% total return

ADAMHS&P 500 (SPY)

Jul 9, 2025 · $10,000 investedSep 21, 2026

The selected period exceeds this investment’s age; the chart shows its complete available trading history. Based on adjusted market prices through the latest available completed session, before personal taxes and trading costs.

Checking the latest completed session…

Market performance

Total return

Price movement plus reinvested distributions, compared with SPY.

+14.1% over available history

1 YEAR TOTAL RETURN+10.7%

Price4% of return+0.5%

Dividend96% of return+10.3%

Available history

1.2 YEARS TOTAL RETURN+14.1%Since inception+11.6% / yr annualized

Price9% of return+1.3%

Dividend91% of return+12.9%

Available history

Dividend includes all distributions and reinvestment.

Jul 9, 2025Sep 21, 2026

Total return+14.14%

S&P 500 (SPY)+25.63%

Annualized return+11.63%

Largest drawdown-1.85%

Original Armchair disclosure

Sold · Jun 28, 2026. Took profits above par and switched to Annaly Series G. This was the later exit after a repurchase.

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Selection source Seeking Alpha comparison Price data