NLY-PG

Annaly Capital Management, Inc. operates as a comprehensive investment firm, concentrating its efforts on mortgage-related financial activities and providing loans to companies in the corporate middle market. The firm strategically allocates capital across a diverse range of assets. These include various mortgage-backed securities (both agency-backed residential and commercial), residential mortgage assets (including non-Agency types and direct loans), mortgage servicing rights, credit risk transfer securities, corporate debt instruments, and other commercial real estate investments. Notably, Annaly has adopted the tax classification of a Real Estate Investment Trust (REIT). This designation exempts the company from federal corporate income tax, provided it distributes a substantial portion of its taxable earnings to its shareholders. Founded in 1996, the company maintains its headquarters in New York, New York.