.

Business Overview

Annaly's principal business objective is to consistently generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. Our portfolio includes securities, loans and equity in the mortgage finance market.

$11bn

Permanent Capital(1)

$75bn

Total Assets(2)

Diversified Capital Management

Diversification is a pillar of the Annaly strategy. Since 2010, we have diversified our business model by investing in credit assets directly on balance sheet, complementing our primary portfolio of interest rate sensitive investments. This strategy is designed to achieve durable risk adjusted returns over various interest rate and economic cycles by pairing shorter-duration or floating-rate credit securities with our longer-term, fixed-rate agency portfolio.

Annaly Agency Group

Utilizing the power of Annaly’s capital to generate attractive returns and support the American homeowner

$66.0bn(2)
Total Assets

Annaly Residential Credit Group

Building on Annaly’s support for American housing through high-quality residential investments

$5.9bn(2)
Total Assets

Annaly Mortgage Servicing Rights Group

Providing attractive cash flows that are complementary to Annaly’s core Agency MBS strategy

$2.8bn(2)
Total Assets

Capital Allocation Across Businesses(3)

Our breadth of investment options and robust capital allocation process — combined with careful risk management — enable us to rotate into asset classes on a risk-adjusted, relative value basis to take advantage of market dislocations as they arise.

Data Header Data
Agency 58
Residential Credit 20
Mortgage Servicing Rights 22

Endnotes