Annaly Capital Management

Founded in 1997 and headquartered in New York, Annaly Capital Management, Inc. is a leading diversified capital manager that invests in and finances residential and commercial assets. The company's primary business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. As a mortgage REIT, Annaly primarily invests in agency mortgage-backed securities collateralized by single-family residential properties, which are guaranteed by a U.S. government agency or a U.S. government-sponsored enterprise.