Annaly Capital Management, Inc., a leading mortgage real estate investment trust. The Company owns a portfolio of real estate related investments including mortgage pass-through certificates, collateralized mortgage obligations, Agency callable debentures, other securities representing interests in or obligations backed by pools of mortgage loans, commercial real estate assets and corporate debt. The Company uses its capital coupled with borrowed funds to invest in real estate related investments, earning the spread between the yield on its assets and the cost of its borrowings. The Company’s principal business objective is to generate net income for distribution to its stockholders from its investments. Under its investment policy, at least 75% of its total assets are comprised of high-quality mortgage-backed securities and short-term investments. Annaly Management Company LLC is the Investment manager of the Company.