Annaly Capital Management Inc is a diversified capital management company that focuses on investing in and financing residential and commercial assets. It works with various types of agency mortgage-backed securities, residential mortgage loans, and non-agency residential mortgage assets. The company also invests in securities, commercial mortgage loans, and commercial real estate. It offers a range of financing alternatives that include traditional repo, warehouse lines, financing through the company’s own broker dealers, and more. The company was founded in 1996 and is headquartered in New York City, New York.
Annaly holds $94b in total assets. The company also offers funds to private small businesses to help boost their growth and operates as a broker for various investment deals for clients. Its diversified business strategies are intended to enhance risk-adjusted returns over time through investment optionality and risk management.
The company is externally managed by Annaly Management Company LLC. For federal income tax purposes, Annaly has chosen to be taxed as a real estate investment trust (REIT). Annaly Capital Management Inc is traded publicly on the NYSE under the stock ticker NLY.
Keep an eye on the price movements of Annaly Capital Management Inc stock by adding it to your eToro watchlist.