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Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares

Effective January 1, 2022 company converted from a REIT to a C-Corp. Dividends become either qualified or return of capital with the conversion

AG Mortgage Investment Trust Inc. 9.50% Senior Notes due 2029

Redwood Trust 9.125% Senior Notes due 2029

MFA Financial Inc 8.875% Senior Notes due 2029

Gladstone Land 6.00% Series C Cumulative Redeemable Preferred Stock

Shares outstanding sold as of 9/30/2023 – 10,156,509

Braemar Hotels & Resorts Inc. 5.5% Series B Cumulative Convertible Preferred

Shares are convertible at the option of the holder into 1.3228 common shares at an initial conversion price of $18.90. After 6/10/2020 if the price of the common exceeds 110% of the conversion price for 45 consecutive days the company may at their option force conversion at the then prevailing conversion price.

Pennymac Mortgage Investment Trust 8.50% Senior Notes Due 2028

Equity Commonwealth 6 1/2% Series D Cumulative Convertible Preferred Shares

Ellington Financial Inc. 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock

The coupon is fixed at 8.625% until 4/30/2028 at which time the rate is reset at the 5 year treasury plus a spread of 5.13% afterwhich the rate resets every 5 years.

Redwood Trust Inc. 10.00% Series A Fixed-Rate-Reset Cumulative Redeemable Preferred Stock

Coupon is fixed at 10% until 4/15/2028 after which it will reset at the 5 year treasury rate plus a spread of 6.278%