🔥 NEW: Metaplanet files to issue up to ¥555B (~$3.7B) in perpetual preferred shares. https://t.co/HHn6Y5RpuL ...

Group 1 - Pearl Gray is a proprietary investment fund and independent market research firm focusing primarily on Fixed-Income and Preferred Shares [1] - The firm also provides analysis on equity REITs, Investment Funds, and Banks, offering a cross-asset blend for its readers [1] - The content published by the firm is categorized as Independent Analysis and does not constitute financial advice [1][3] Group 2 - The firm encourages readers to consult a registered financial advisor before making investment decisions [3] - There is a disclosure stating that past performance is not indicative of future results, and no specific investment recommendations are provided [4]

Pearl Gray is a proprietary investment fund and independent market research firm. We primarily focus on Fixed-Income and Preferred Shares. However, our Seeking Alpha readers can expect a cross-asset blend, extending to analysis of equity REITs, Investment Funds, and Banks.Kindly note that our published content is dispensed as Independent Analysis and Doesn't Constitute Financial Advice. For any content-related concerns, contact our Head of Research: Steve Booyens, CFA or leave a message in the comments sect ...

Group 1 - Pearl Gray is a proprietary investment fund and independent market research firm focusing primarily on Fixed-Income and Preferred Shares [1] - The firm also provides analysis on equity REITs, Investment Funds, and Banks, offering a cross-asset blend for readers [1] Group 2 - The content published by the firm is categorized as Independent Analysis and does not constitute financial advice [1][3] - Readers are encouraged to consult a registered financial advisor before making investment decisions [3]

🚨JUST IN: STRATEGY REVEALS PLANS TO RAISE $500M VIA "STRETCH" PREFERRED SHARES TO BOOST BITCOIN HOLDINGS ...

Group 1 - Pearl Gray is a proprietary investment fund and independent market research firm focusing primarily on Fixed-Income and Preferred Shares [1] - The firm also provides analysis on equity REITs, Investment Funds, and Banks, offering a cross-asset blend for its readers [1] Group 2 - The content published by the firm is categorized as Independent Analysis and does not constitute financial advice [1][3] - Readers are encouraged to consult a registered financial advisor before making investment decisions [3]

Market Trends - US banks, a dwindling group selling preferred shares, are reducing their involvement in these securities [1] - This retreat occurs despite strong investor demand for preferred shares [1] Company Strategy - Banks are following JPMorgan's lead in reducing their preferred share offerings [1]

Strategy's preferred shares offer compelling income with less volatility than MSTR shares, TD Cowen says https://t.co/q8KeFxecqL ...

Core Viewpoint - Preferred shares are presenting an attractive investment opportunity with a yield of approximately 9.5%, offering a balance of income and stability for investors seeking consistent returns [1][13]. Investment Characteristics - Preferred shares rank above common equity in the capital structure, providing a lower risk profile compared to common stock, particularly in the mortgage REIT sector [2]. - Annaly Capital Management's preferred shares, specifically NLY-F, are highlighted for their low risk rating of 1 on a scale of 1 to 5, indicating a safer income investment [3][11]. Specific Share Analysis - NLY-F is currently priced at $25.18, with a yield of 9.48% and an annualized dividend of approximately $2.3881, making it a more attractive option compared to NLY-G, which has a lower yield and dividend [5][8]. - NLY-F and NLY-I are noted to pay about $0.20 more in dividends annually than NLY-G, justifying their higher price [9]. Call Risk and Market Dynamics - There is a potential call risk associated with these preferred shares, as the company can call shares with a 30-day notice, but this risk can be managed by selecting appropriate entry prices [7][12]. - The market conditions may influence the performance of these shares, with NLY-F and NLY-I expected to hold up better during periods of market stress compared to NLY-G [12]. Final Recommendations - For long-term investors seeking steady returns, NLY-F and NLY-I are recommended over NLY-G, despite a slight call risk, due to their strong backing and attractive yields [13].

Core Viewpoint - The article discusses Regency Centers Corporation, a REIT with strong credit ratings from Moody's ("A3") and S&P ("A-") [1]. Group 1: Company Overview - Regency Centers Corporation is highlighted as a REIT with a very good credit rating, indicating financial stability and reliability in the market [1]. Group 2: Investment Insights - The article invites active investors to join a free trial for insights on mispriced preferred stocks and baby bonds, along with weekly reviews of over 1200 equities [1].