Shares are fixed-rate reset shares. The coupon is fixed at 6.875% until 4/15/2028 at which point the coupon resets at the 5 year treasury plus a fixed spread of 2.704%. The coupon then resets each 5 years
Only redeemable on a dividend payment date
Type: Regular
Lincoln Financial Group 9.00% Non-Cumulative Preferred Stock, Series D
A review of the prospectus does NOT reveal any particular protections for holders of this security in the event of LNC being bought or merged
Imperial Petroleum Inc 8.75% Series A Preferred Shares
Organized as a PFIC–Passive Foreign Investment Company
Morgan Stanley 6.50% Non-Cumulative Preferred Stock, Series P
Only redeemable on a dividend payment date.
RiverNorth Opportunities Fund 6.00% Series A Perpetual Preferred Stock
Dividends Paid by Closed End Fund Preferreds may be qualified or may not be qualified distributions. Investors should check the issuer info closely to see what the current dividend status is at the time of investment
US Bancorp 4.50% Series O Non-Cumulative Perpetual Preferred Stock
Bank of America 4.75% Non-Cumulative Preferred Stock Series SS
Green Brick Partners Inc. 5.75% Series A Cumulative Perpetual Preferred Stock
Charles Schwab Corporation 6.00% Non-Cumulative Preferred Stock, Series C
Redeemable only on a dividend payment date
Public Storage 4.10% Cumulative Preferred Stock, Series S