Annaly Capital Management, Inc.
Company Information

Annaly Capital Management, Inc. Company Profile

Annaly cannily invests its capital. A real estate investment trust (REIT), Annaly Capital Management invests in and manages a portfolio of mortgage-backed securities including mortgage pass-through certificates, collateralized mortgage obligations, and agency callable debentures. It primarily invests in high-quality securities issued or guaranteed by the likes of Freddie Mac, Fannie Mae, and Ginnie Mae and backed by single-family residential mortgages. As agency mortgage-backed securities, Annaly's assets carry an implied AAA rating. Subsidiaries Fixed Income Discount Advisory Company (FIDAC) and Merganser provide investment advisory and asset management services; RCap Securities operates as a broker/dealer.