Source: Company filings. Financial data as of March 31, 2026.
- Permanent capital represents Annaly’s total stockholders’ equity as of March 31, 2026.
- Total portfolio represents Annaly's investments that are on-balance sheet as well as investments that are off-balance sheet in which Annaly has economic exposure. Assets exclude assets transferred or pledged to securitization vehicles of $34.2bn, include TBA purchase contracts (market value) of $5.8bn, include unsettled MSR commitments of $13mm, include $3.5bn of retained securities that are eliminated in consolidation and are shown net of participations issued totaling $2.5bn. MSR commitments represent the market value of deals where Annaly has executed a letter of intent prior to quarter-end. There can be no assurance whether these deals will close or when they will close.
- Capital allocation for each of the investment strategies is calculated as the difference between each investment strategy’s allocated assets, which include TBA purchase contracts, and liabilities.