Annaly Capital Management Inc

Annaly Capital Management, Inc. is a diversified capital manager focused on residential mortgage finance. It invests in agency mortgage-backed securities backed by residential mortgages, non-agency residential whole loans and securitized products, mortgage servicing rights, agency commercial mortgage-backed securities, to-be-announced forward contracts, residential mortgage-backed securities, residential mortgage loans, and agency or private label credit risk transfer securities. The company has elected to be taxed as a real estate investment trust (REIT) and is not subject to federal income tax to the extent it distributes taxable income to shareholders. Incorporated in 1996, it is based in New York, New York.