- We recently sold our position in NLY-G from Annaly Capital. We are not discussing ratings on NLY in this article, we are only talking about the preferred shares.
- When looking to reallocate capital, investors should consider multiple metrics.
- ANH currently has two preferred shares we will be looking at as an alternative.
- We believe ANH-C is the best preferred share from ANH at recent prices.
- Trading through preferred shares has enabled us to generate higher returns by capturing on failures in market prices.
For further details see:
Annaly: 9% Yield Better Than 7% Yield Preferred Share