Workflow
Floating and resetting dividend rates
icon
Search documents
High Yields, Weird Prices
Seeking Alpha· 2025-07-15 22:06
Let’s dive right into it. The first shares I want to talk about are preferred shares from Ellington Financial. We’re looking at EFC-B, EFC-C, and EFC-D. Then we will take a look at Main Street Capital. EFC-B vs. EFC-C Either EFC-B is too cheap or EFC-C is too expensive. You interpret it however you like. It’s even reasonable to suggest that both are happening. The pricing isn’t completely insane like some of the events we saw in prior years. EFC-B trades at $22.75 compared to $24.84 for EFC-C. That’s a diff ...