Source: Company filings. Financial data as of June 30, 2026.
- Permanent capital represents Annaly’s total stockholders’ equity as of June 30, 2026.
- Total portfolio represents Annaly’s investments that are on-balance sheet and off-balance sheet in which Annaly has economic exposure. Assets exclude assets transferred or pledged to securitization vehicles of $38.3bn, include TBA purchase contracts (market value) of $7.2bn, include unsettled MSR commitments of $11mm and unsettled MSR sales of $136mm, include $3.9bn of retained securities that are eliminated in consolidation and are shown net of participations issued totaling $2.6bn. Unsettled MSR commitments and unsettled MSR sales represent the market value of deals where Annaly has executed a letter of intent prior to quarter-end. There can be no assurance whether these deals will close or when they will close.
- Capital allocation for each of the investment strategies is calculated as the difference between each investment strategy’s allocated assets (including TBAs) and liabilities.