Below are press releases from companies with preferred stock and/or baby bonds outstanding–or just news of general interest.
Morgan Stanley Declares Dividends on Its Preferred Stock
![View Press Release](https://mms.businesswire.com/media/20240515968415/en/828829/21/AM_Best_Logo.jpg)
AM Best Assigns Indicative Issue Credit Ratings to The Allstate Corporation’s New Shelf Registration
![View Press Release](https://mms.businesswire.com/media/20240515527432/en/772215/21/Brighthouse_Logo.jpg)
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
![View Press Release](https://mms.businesswire.com/media/20240515789862/en/405399/21/TheHartfordLogo.jpg)
![View Press Release](https://mms.businesswire.com/media/20240515790280/en/1944062/21/Eagle_Point_Income_Company.jpg)
Eagle Point Income Company Inc. Announces Third Quarter 2024 Common and Preferred Distributions
![View Press Release](https://mms.businesswire.com/media/20240515880161/en/1866556/21/ECC_Logo.jpg)
![View Press Release](https://mms.businesswire.com/media/20240515950090/en/2047942/21/metlife_eng_logo_rgb.jpg)
MetLife Declares Second Quarter 2024 Preferred Stock Dividends
![View Press Release](https://mms.businesswire.com/media/20240515581346/en/1936267/21/TPG_AG_Mortgage_Invst_Trust.jpg)
AG Mortgage Investment Trust, Inc. Announces Closing of Public Offering of $65 Million Senior Notes
![View Press Release](https://mms.businesswire.com/media/20240515776345/en/777430/21/OFSCreditLogo_rgb-01.jpg)
OFS Credit Company Provides April 2024 Net Asset Value Update
Old National Bancorp Announces Quarterly Dividends
There is a new “baby bond” (9% Senior Notes due 2029) by Chimera Investment Corp.:
https://www.sec.gov/Archives/edgar/data/1409493/000119312524139482/d835055dfwp.htm
Thanks Hugo
I had a modest amount of treasury funds mature yesterday and want to deploy them in more of a “risk-on” posture since I dumped a crap-ton of funds into a 5.5% CD on Tuesday. I have a decent position in KMPB and was thinking maybe add to that. AHH-A is also a candidate at higher risk and then there’s the stalwart SR-A to consider (I have very small positions in both right now). Wondering if folks here had any particular issues with either of these? I’ve done my DD but wondering if I am missing anything…
I own both preferred of Old National.
Nice one!