Here's Why Annaly, American Capital Agency, and Armour Residential Got Absolutely Hammered in 2013

By David Hanson and Matt Koppenheffer – Jan 2, 2014 at 8:00AM

NYSE: NLY

Annaly Capital Management

Market Cap

$13B

Today's Change

(1.49%) $0.31

Current Price

$21.11

Price as of October 20, 2025, 4:00 p.m. ET

Have the Fed and the current interest rates environment crippled these mortgage REITs' ability to deliver value for shareholders?

In this special "Best and Worst 2013" edition of The Motley Fool's everything-financials show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer tell viewers why American Capital Agency, and Annaly Capital Management (NLY 1.49%)and ARMOUR Residential REIT (ARR 0.51%) lagged the market in 2013, but could be better positioned for 2014.

About the Author

David has been with The Motley Fool since 2013. He is a graduate of the University of Miami. Follow David on Twitter for all things finance, marketing, and investing.

XMFdhanson

David Hanson owns shares of Annaly Capital Management. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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