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Preferreds weekly review: year-end tax losers rally hard

We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Pref...

January 15, 2023, 8:17 am

Allianz vs. generali - we like them both

Allianz is now trading at a fair price-earning level. However, we still believe that there is a 15% discount on the company's net intrinsic value. 202...

January 15, 2023, 1:15 am

Commercial real estate has a lucrative return portfolio similar to equities: aryaman vir, myre capital

In an exclusive interview, Aryaman Vir of MYRE Capital gives his views on why India’s commercial real estate has become a ...

January 14, 2023, 8:29 am

Modiv: preferred stock offers a solid 8.9% yield

MDV is a small and recently IPO'd net lease REIT with a weak cost of capital. The REIT's portfolio of mostly industrial manufacturing properties looks...

January 13, 2023, 6:42 pm

Gladstone commercial crosses the rubicon with rare dividend cut

Gladstone Commercial has cut its monthly dividend payout for the first time since it went public close to the turn of the new millennium. The preferre...

January 13, 2023, 1:15 pm

Oxford lane capital: a tale of two yields

Oxford Lane Capital's preferreds offer a $1.69 coupon paid monthly and a 10% yield to maturity. The relative safety of this compares with the payout t...

January 13, 2023, 3:51 am

Amc - ape convergence trade

AMC common and APE preferred shares trade at a significant spread to each other despite an upcoming vot...

January 12, 2023, 12:01 pm

Vrp: preferred stocks may be better than corporate and junk bonds

The VRP ETF provides exposure to variable rate preferred equities and hybrid securities. ...

January 12, 2023, 1:46 am

Pembina pipeline preferred shares: small risk, big returns

Class A Series 15 preferred shares have a compelling 7.37% that are not callable until 2027 and trade a...

January 12, 2023, 12:18 am

5 investors betting big on meta materials (mmat) stock in 2023

It's been about a month since the Financial Industry Regulatory Authority (FINRA) decided to suspend shares of Meta Materials ...

January 11, 2023, 2:49 pm

Saxo bank keeps 'all options open', ipo possible

Following the termination of its proposed Special Purpose Acquisition Company (SPAC) deal with Amsterdam-listed Disruptive Capital Acquisition Comp...

January 10, 2023, 11:14 am

Silvergate: it could get worse, but not for the preferreds

Silvergate's preferreds are currently trading at 45 cents on the dollar following a disastrous update on deposits last Thursday. The company realized ...

January 9, 2023, 2:53 pm

Unrivaled brands inks agreement to raise up to $2m in a private placement of newly designated series v class of preferred stock

Unrivaled Brands Inc (OTCQX:UNRV) said it has entered into securities purchase agreements (SPA) with certain investors, including Sabas Carrillo, the...

January 9, 2023, 6:42 am

Chimera: hedge downside risk with the preferreds

Chimera is under intense pressure from the current macroeconomic environment. This has seen its book value and net interest income decline versus its ...

January 8, 2023, 7:40 pm

Kkr real estate finance trust: the preferred shares are yielding 9.3%

KKR Real Estate Finance Trust invests in real estate-backed loans. Sometimes things go wrong, and the REIT had to record $80M+ loan loss provision in ...

January 7, 2023, 11:45 am

Banx: floating rate assets helped this unique fund

BANX is a relatively unique closed-end fund from what we typically see from a traditional CEF. They invest heavily in regulatory capital securities, w...

January 6, 2023, 12:10 pm

Ag mortgage investment trust preferreds reviewed

MITT.PA: 8.25% Series A Cumulative Redeem preferred Stock is currently callable. MITT.PB: 8.00% Series ...

January 6, 2023, 8:38 am

Antara capital just bought amc entertainment (ape) preferred equity stock

Last month, it was announced that AMC Entertainment (NYSE: AMC ) would raise $110 million in new equity capital. Antara Capital, an investment firm ba...

January 5, 2023, 3:56 pm

Digitalbridge: swap the paltry commons dividend for 9.2% yielding preferreds

DigitalBridge recently reinstated dividend payouts to its common shareholders. The $0.01 quarterly per share payout is a long way away from the pre-su...

January 5, 2023, 2:11 pm

Bank of hawai‘i corporation conference call to discuss fourth quarter 2022 financial results and board declares quarterly dividend for preferred stock

HONOLULU--( BUSINESS WIRE )--Bank of Hawai‘i Corporation (NYSE: BOH) will release fourth quarter 2022 financial results on Monday, January 23, 2023 ...

January 4, 2023, 5:29 pm


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