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Why Annaly

Why Invest in Annaly?

Annaly is the proven industry leader across residential mortgage finance. Annaly works to generate net income for stockholders via a diverse range of investments, and prudent management of its portfolio.

Key States

10

Financing Options
Key States

$8.5bn

Total Assets Available For Financing(1)
Key States

$16bn

Permanent Capital(2)
Key States

1,100%

Total Shareholder Return Since IPO(3)
scale

Scale

At 13x the size of the median mortgage REIT by market cap(4), we are a leader across the residential mortgage finance market

Group

Diversified

Annaly is able to efficiently diversify investments across its businesses through a rigorous shared capital model and capital allocation process

Liquid

Liquid

Our diversified, lower leveraged strategy results in greater liquidity, with $8.5bn of total assets available for financing(1) including $4.2bn of cash and unencumbered Agency MBS as of September 30, 2026

Efficient

Efficient

Annaly’s scale, internalized model and cost discipline yield significantly lower expense ratios relative to industry peers

financing

Financing

Annaly’s deep and diverse financing sources across all investment groups provide the Company with unique competitive advantages. Our range of financing alternatives includes traditional repo, warehouse lines and financing through our own broker dealer

Total Shareholder Return

Endnotes