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NLY Total Return Analyzer

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Annaly Capital Management, Inc. — See your real returns after distributions and NAV changes. Real yield: 14.7% (headline: 12.9%).

Price$21.66
Headline Yield12.9%
Real Yield14.7%
NAV Change (1Y)+13.5%
NLY Total Return Analyzer

Your REAL Return

+28.7%

+$2,873.68

Distributions Received

$1,473.68

4 payments

NAV Change

+14.0%

+$1,400.00

Current Value

$12.9K

526.32 shares @ $21.66

Yield Reality Check

Headline yield vs actual yield after NAV change

Headline

12.9%

Real

14.7%

Distributions vs NAV — NLY

Blue = share value, green bars = cumulative distributions, green line = total value, dashed = original investment.

Annualized total return: +28.7% over 12 months

NLY DRIP calculator

Compound NLY's 14.7% real yield

Pre-filled with live NLY data. Model 1, 5, or 10-year DRIP returns with after-tax math, adjustable yield assumptions, and Bull/Base/Bear scenarios.

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What does the NLY total return include?

NLY total return combines two components: the cumulative distributions you received from NLY over the holding period, and the change in NAV (share price) across the same window. Many high-yield funds advertise distribution rates that look spectacular in isolation but mask meaningful NAV erosion. The analyzer above shows exactly how much of your NLY return came from distributions versus price change — a 50% annualized distribution rate paired with a 30% NAV decline is a very different investment than a 50% distribution with flat NAV.

Annaly Capital Management, Inc. (NLY) is issued by Annaly. Largest mortgage REIT by market cap. Invests in agency MBS. Quarterly dividends. That strategy directly shapes the gap between headline yield and real yield: option-premium and covered-call funds tend to show large gaps, while traditional dividend ETFs and index funds usually show small ones.

For the detail behind each payment, see the NLY dividend history. To project how future NLY distributions compound under DRIP, open the NLY dividend calculator.