About Annaly Capital Management, Inc.
Annaly Capital Management, Inc. is a diversified capital manager specializing in mortgage finance. The company focuses on strategic investments across various segments of the mortgage market.
Investment Portfolio
Annaly Capital invests in a broad range of mortgage-related assets, including:
- Agency mortgage-backed securities (MBS) backed by residential mortgages
- Non-agency residential whole loans and securitized products
- Mortgage servicing rights (MSR)
- Agency commercial mortgage-backed securities (CMBS)
- To-be-announced (TBA) forward contracts
- Residential mortgage loans
- Agency or private label credit risk transfer securities
REIT Status & Tax Benefits
The company operates as a real estate investment trust (REIT), allowing it to avoid federal income tax by distributing taxable income to shareholders. This structure enhances returns for investors.
Company Background
Founded in 1996, Annaly Capital Management is headquartered in New York, New York.