    <SEC-DOCUMENT>0000826675-23-000052-index.html : 20230405
    <SEC-HEADER>0000826675-23-000052.hdr.sgml : 20230405
    <ACCEPTANCE-DATETIME>20230405160218
    ACCESSION NUMBER:		0000826675-23-000052
    CONFORMED SUBMISSION TYPE:	ARS
    PUBLIC DOCUMENT COUNT:		1
    CONFORMED PERIOD OF REPORT:	20221231
    FILED AS OF DATE:		20230405
    DATE AS OF CHANGE:		20230405
    EFFECTIVENESS DATE:		20230405

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			DYNEX CAPITAL INC
    		CENTRAL INDEX KEY:			0000826675
    		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
    		IRS NUMBER:				521549373
    		STATE OF INCORPORATION:			VA
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		ARS
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	001-09819
    		FILM NUMBER:		23802422

    	BUSINESS ADDRESS:
    		STREET 1:		4991 LAKE BROOK DRIVE
    		STREET 2:		STE 100
    		CITY:			GLEN ALLEN
    		STATE:			VA
    		ZIP:			23060
    		BUSINESS PHONE:		8042175800

    	MAIL ADDRESS:
    		STREET 1:		4991 LAKE BROOK DRIVE
    		STREET 2:		STE 100
    		CITY:			GLEN ALLEN
    		STATE:			VA
    		ZIP:			23060

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	RESOURCE MORTGAGE CAPITAL INC/VA
    		DATE OF NAME CHANGE:	19930722

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	RESOURCE MORTGAGE INVESTMENT CORP
    		DATE OF NAME CHANGE:	19930505

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	RAC MORTGAGE INVESTMENT CORP /VA/
    		DATE OF NAME CHANGE:	19930505
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>ARS
    <SEQUENCE>1
    <FILENAME>a2022annualreport.pdf
    <DESCRIPTION>ANNUAL REPORT TO SHAREHOLDERS
    <TEXT>
    Document 1 - file: a2022annualreport.pdf

    </DOCUMENT>
    </SEC-DOCUMENT>