Source: Company filings. Financial data as of September 30, 2026.
- Permanent capital represents Annaly’s total stockholders’ equity as of September 30, 2026.
- Total portfolio represents Annaly’s investments that are on-balance sheet and off-balance sheet in which Annaly has economic exposure. Assets exclude assets transferred or pledged to securitization vehicles of $42.5bn, include TBA purchase contracts (market value) of $6.5bn, include $4.1bn of retained securities that are eliminated in consolidation and are shown net of participations issued totaling $2.2bn.
- Capital allocation for each of the investment strategies is calculated as the difference between each investment strategy’s allocated assets (including TBAs) and liabilities.