Annaly Capital Management, Inc. (NLY) is benefiting from an improvement in the average yield on interest-earning assets. The company’s prudent asset selection will drive its performance. However, the current market volatility and interest rate fluctuations are near-term worries. Additionally, the company’s dividend reduction and an unutilized share repurchase program highlight concerns regarding capital distribution.NLY’s investment strategy is driven by the prudent selection of assets and effective allocat ...