As noted ast night Athene Holding LTD (ATH) has priced their new issue of preferred stock. The coupon is 4.875%
The issue is non-cumulative, qualified and low investment grade.
The issue trades immediately under OTC grey market ticker ATHDF.

As noted ast night Athene Holding LTD (ATH) has priced their new issue of preferred stock. The coupon is 4.875%
The issue is non-cumulative, qualified and low investment grade.
The issue trades immediately under OTC grey market ticker ATHDF.
I bought 200 shares of ATHDF today, but Schwab shows the holding as a bond, categorized it under a bond, and gave it a value of zero.
Am now waiting on the phone for explanation from their customer service.
Anyone else have this problem?
Update: They say its a feed problem, and should be cleared up in a day or so. Hope that’s the case.
Did they fix your account? Mine is still showing like it’s a bond.
Still showing ATHDF as a Bond. But the price quote & market value seems to be correct.
I guess there was a CUSIP change for the issue. My account looks good now.
Also, I don’t think Fidelity is adding in the $50 fee anymore. Perhaps that might’ve been related to the CUSIP change.
Inspy, I am seeing the same issue in an E*Trade account. Are you still seeing a zero value for your position?
TDAmeritrade is reporting that it’s now trading under its permanent symbol, ATH-D. Correspondingly, I can find a quote for ATH.PR.D on MarketWatch as expected. Apparently E* hasn’t caught up yet…
Bur,
Schwab is now reporting it under its symbol ATH.PRD. And the price quote is correct.
I’m sure E*Trade will catch up with the other brokerage houses in due time.
ATH A, B, and C don’t have any such charges. Hopefully they go away for you thru that platform
I fought with Schwab to get the symbol set up this morning. Should be working now. No commission.
I bought a full position.
i bought a small amount at ameritrade
just the normal 5 dollar charge for using the otc grey market symbol
Does ATH issue 1099’s? Just want to be sure. Thanks.
There’s a $50 trading fee on this at Fidelity.
This is for each trade! So if buying buy in a single trade rather than legging-in with multiple orders.
They call it ‘Estimated Foreign Settlement Fee’ – Highway robbery to charge for each trade rather than whole day worth of trades…
Bought some on TOS and they charge a more reasonable $6.95 commission as OTC
I didn’t get charged a fee at Fidelity.
There’s no trading fee, but a $50 “Foreign Settlement Fee.”
Did anyone manage to call them and get this fee waived fully or even partially? Especially if charged multiple $50 for multiple trades on same day?
Should not be paying a foreign fee. This is going to be a NYSE listed issue. It should not have been branded a foreign issue by OTC.