86%

TSR generated by Annaly with its current investment teams since 20141

 

32%

TSR in 2017, the single best year in a decade2

 

$16 billion

of cumulative dividends delivered to Annaly shareholders since its IPO3

Diversification, size and prudent risk management continue to drive outperformance and stability in Annaly’s book value and core earnings

2017 Total Shareholder Return4

Annaly’s strong institutional sponsorship, complementary cash flows, superior trading liquidity and beta of 0.54 help shield shareholders from the volatility of the broader marketplace

Beta5

Source - Financial data per Company filings as of December 31, 2017. Market data per Bloomberg as of December 31, 2017 unless otherwise noted.

Core Earnings is a non-GAAP financial measure; see Non-GAAP Reconciliation following these Endnotes for additional detail.

  1. TSR from December 31, 2013 to December 31, 2017.

  2. TSR from December 31, 2016 to December 31, 2017.

  3. Representative of common and preferred dividends from October 1997 initial public offering (IPO) through January 31, 2018.

  4. For the comparison groups, “Agency”, “Hybrid” and “Commercial” include all companies in the respective Agency, Hybrid, and Commercial Real Estate sectors of the BBREMTG Index as of December 31, 2017. “Equity REITs” represent the FTSE NAREIT All Equity REITs Index. “Utilities” represent the Russell 3000 Utilities Index. “MLPs” represent the Alerian MLP Index. “Asset Managers” represent the S&P 500 Asset Management and Custody Bank Index. “Banks” represent the KBW Bank Index.

  5. Beta calculated on a weekly basis using Annaly’s common stock closing price from December 31, 2014 to December 31, 2017. Comparison beta calculated on a weekly basis using the closing levels of the following comparison groups. “Equity REIT”s represent the FTSE NAREIT All Equity REITs Index. “Utilities” represent the Russell 3000 Utilities Index. “MLPs” represent the Alerian MLP Index. “Asset Managers” represent the S&P 500 Asset Management and Custody Bank Index. “Banks” represent the KBW Bank Index. Beta figures from December 31, 2014 to December 31, 2017.