NLY

Annaly is technically referred to as an agency-backed mortgage real estate investment trust (REIT). The company does nothing but own liquid government-guaranteed debt. Annaly is unlike most other stocks or bonds. While Annaly is listed on the stock exchange as an equity, all of the company’s assets are short-term debts (less than 10-year duration), fully … Read more

Company Business Strategy Annaly’s investment objective is to generate high current income consistent with a relatively stable book value. The strategy they use to achieve that objective is to invest in a portfolio of highly liquid, highly rated securities using equity capital that they receive from investors and debt capital — primarily borrowed in the … Read more