Merganser Capital Management, Inc. is an SEC registered investment
advisor focused on the fixed income needs of institutional clients.
We believe that in an inefficient over-the-counter market, our
active fixed income management process can provide consistent
excess returns. As fundamental investors we endeavor to
understand the intricacies of fixed income vehicles in order to
identify the securities and sectors that provide the most attractive
risk/reward characteristics. Succeeding in this endeavor has
allowed us to meet the needs and objectives of our clients and
gain their trust. Capital preservation, liquidity and total return
permeate all of our decisions.
Merganser is a wholly-owned subsidiary of Annaly Capital Management, Inc.