RITM.PR.F: An 8.75% Fixed-Rate Reset Preferred IPO From Rithm Capital

Core Viewpoint - The article discusses the evaluation of new fixed-income financial products, specifically focusing on Rithm Capital's latest listed product and the methodologies used for IPO evaluation [1]. Group 1: Company Overview - Rithm Capital is highlighted as a key player in the fixed-income market, with a focus on identifying mispriced investments in fixed-income and closed-end funds [1]. - The company is led by Denislav Iliev, who has over 15 years of experience in day trading and manages a team of 40 analysts [1]. Group 2: Investment Strategies - The investment group Trade With Beta, led by Denislav Iliev, offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, and hedging strategies [1]. - The service includes an actively managed portfolio and a chat room for discussions among sophisticated traders and investors [1].