Recently Crossed Below Par

Top Highest Current Yield Highest Monthly-Paying Yield Convertible Preferreds Largest Discount to Liquidation Preference Trading at a Premium to Par Trading at a Discount to Par Recently Crossed Below Par Perpetual Preferreds Fixed-to-Floating Rate Preferred Stock ETFs Baby Bonds ($25 Notes) New Preferred Offerings (last 18 months) Safe-Dividend Preferreds (cumulative, paying, non-distressed) Dow Components S&P 500 Components

Symbol	Issuer	Sector	Coupon	Price	Par	Yield	Prem/Disc	Freq
CCIM-P-D	CHIMERA INVESTMENT CORP	REIT - Diversified	8.000%	23.76	25	10.24%	-4.96%	quarterly
WWBS-P-G	WEBSTER FINANCIAL CORP	Banks	6.500%	23.77	25	6.84%	-4.92%	quarterly
HHIG-P-G	HARTFORD INSURANCE GROUP	Insurance	6.000%	23.82	25	6.30%	-4.72%	quarterly
CCIM-P-B	CHIMERA INVESTMENT CORP	REIT - Diversified	8.000%	23.83	25	10.53%	-4.68%	quarterly
SSCE-P-M	SCE Trust II Trust Prefe	Utilities	7.500%	23.84	25	7.87%	-4.66%	quarterly
FAGM-P-I	FEDERAL AGRICULTURAL MOR	Federal & Federall	6.875%	23.85	25	7.21%	-4.60%	quarterly
CCHMI-P-B	Cherry Hill Mortgage Inv	REIT - Diversified	8.250%	23.87	25	10.68%	-4.52%	quarterly
FFLG-P-A	FLAGSTAR BANK, NATIONAL	Savings Institutio	6.375%	23.90	25	6.67%	-4.40%	quarterly
MMS-P-F	MORGAN STANLEY	Security Brokers,	6.875%	23.94	25	7.34%	-4.24%	quarterly
PPNFP-P-C	Pinnacle Financial Partn	Banks	6.750%	23.95	25	7.05%	-4.20%	quarterly
RRF-P-C	REGIONS FINANCIAL CORP	Banks	5.700%	23.96	25	5.95%	-4.16%	quarterly
RRF-P-F	REGIONS FINANCIAL CORP	Banks	6.950%	24.08	25	7.22%	-3.68%	quarterly
SSCHW-P-D	SCHWAB CHARLES CORP	Security Brokers,	5.950%	24.10	25	6.17%	-3.60%	quarterly
AANG-P-D	American National Group	Insurance	7.375%	24.14	25	7.64%	-3.44%	quarterly
BBNY-P-K	Bank of New York Mellon	Banks	6.150%	24.22	25	6.35%	-3.12%	quarterly
TTRTN-P-F	Triton International Lim	Industrial	7.625%	24.25	25	7.86%	-3.00%	quarterly
BBFH-P-A	BREAD FINANCIAL HOLDINGS	Personal Credit In	8.625%	24.25	25	8.89%	-3.00%	quarterly
MMTB-P-K	M&T BANK CORP	Banks	6.350%	24.32	25	6.53%	-2.72%	quarterly
EEPR-P-C	EPR PROPERTIES	REIT - Diversified	5.750%	24.38	25	5.90%	-2.48%	quarterly
FFHN-P-H	FIRST HORIZON CORP	Banks	6.750%	24.41	25	6.91%	-2.36%	quarterly
RRITM-P-E	Rithm Capital Corp.	REIT - Diversified	8.750%	24.44	25	8.95%	-2.24%	quarterly
RRITM-P-F	Rithm Capital Corp.	REIT - Diversified	8.750%	24.47	25	11.32%	-2.12%	quarterly
OOXLCN	Oxford Lane Capital Corp	Baby Bond	7.125%	24.48	25	7.28%	-2.10%	monthly
AAGNCP	AGNC Investment Corp	Real Estate Invest	6.125%	24.54	25	9.22%	-1.84%	quarterly
RRWT-P-A	REDWOOD TRUST INC	REIT - Diversified	10.000%	24.55	25	10.18%	-1.80%	quarterly
WWAL-P-A	WESTERN ALLIANCE BANCORP	Banks	4.250%	24.59	25	4.32%	-1.65%	quarterly
AAGNCM	AGNC Investment Corp	Real Estate Invest	6.875%	24.64	25	8.80%	-1.43%	quarterly
MMS-P-E	MORGAN STANLEY	Security Brokers,	7.125%	24.66	25	7.38%	-1.36%	quarterly
BBFH-P-B	BREAD FINANCIAL HOLDINGS	Personal Credit In	8.875%	24.67	25	12.29%	-1.32%	quarterly
LLXP-P-C	LXP Industrial Trust	REIT - Diversified	6.500%	49.37	50	6.58%	-1.26%	quarterly
VVLYPO	Valley National Bancorp	National Commercia	5.500%	24.70	25	8.33%	-1.20%	quarterly
RRITM-P-C	Rithm Capital Corp.	REIT - Diversified	6.375%	24.70	25	9.56%	-1.20%	quarterly
BBANC-P-F	BANC OF CALIFORNIA, INC.	Banks	7.750%	24.72	25	7.84%	-1.12%	quarterly
TTRTN-P-C	Triton International Lim	Industrial	7.375%	24.78	25	7.44%	-0.88%	quarterly
CCFG-P-I	CITIZENS FINANCIAL GROUP	Banks	6.500%	24.79	25	6.56%	-0.84%	quarterly
GGAM-P-B	GENERAL AMERICAN INVESTO	Closed-End Fund	5.950%	24.80	25	6.00%	-0.80%	quarterly
AAGNCL	AGNC Investment Corp	Real Estate Invest	7.750%	24.81	25	7.81%	-0.76%	quarterly
LLOB-P-A	Live Oak Bancshares, Inc	Banks	8.375%	24.84	25	8.43%	-0.64%	quarterly
SSPE-P-C	SPECIAL OPPORTUNITIES FU	Closed-End Fund	2.750%	24.85	25	2.77%	-0.60%	quarterly
RRPT-P-C	Rithm Property Trust Inc	REIT - Diversified	9.875%	24.90	25	9.91%	-0.40%	quarterly
KKEY-P-I	KEYCORP /NEW/	Banks	6.125%	24.94	25	6.14%	-0.24%	quarterly
VVLYPP	Valley National Bancorp	National Commercia	6.250%	24.95	25	8.00%	-0.20%	quarterly
AATH-P-E	Athene Holding Ltd	Baby Bond	7.750%	24.95	25	7.77%	-0.20%	quarterly
PPNFP-P-A	Pinnacle Financial Partn	Banks	6.300%	24.96	25	7.48%	-0.16%	quarterly
MSTRC	Microstrategy Incorporat	Industrial Instrum	9.000%	99.88	100	6.01%	-0.12%	monthly
KKEY-P-L	KEYCORP /NEW/	Banks	6.200%	24.97	25	6.21%	-0.12%	quarterly
IIIPR-P-A	INNOVATIVE INDUSTRIAL PR	REIT - Diversified	9.000%	24.98	25	9.01%	-0.08%	quarterly
OOXLCM	Oxford Lane Capital Corp	Baby Bond	8.250%	24.98	25	8.26%	-0.08%	quarterly
FFTAIN	FTAI Aviation Ltd	Transportation	8.250%	24.99	25	8.25%	-0.04%	quarterly

49 securities

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at

A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.

Income & dividends

Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.

Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."

Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.

Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.

Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.

Price & value

Recent Market PriceThe latest market quote, delayed at least 20 minutes.

Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.

Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.

Call & redemption

Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.

RedeemableWhether the issuer has the right to buy it back at all.

Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.

Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.

Dividend terms & structure

CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.

Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.

Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.

MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.

ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.

Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.

SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.

IssuedThe date the security first settled — when it came to market.

Shares OfferedHow many shares (or depositary shares) were sold in the original offering.

Finding your way around

SearchLook up any symbol or company in the box at the top.

Lists & ScreenerBrowse by highest yield, largest discount, monthly payers, ETFs and more.

Ask the dataThe chat box answers plain questions like “highest-yield monthly REIT under par.”

$10K CalculatorSee what a past investment would be worth today.

This is information, not investment advice.