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BWNB: Babcock & Wilcox Enterprises, Inc. 6.5% Baby Bond

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Babcock & Wilcox Enterprises, Inc.'s BWNB is an exchange-traded baby bond in the Heating Equipment, Except Electric & Warm Air Furnaces sector. At a recent price of $25.22, BWNB yields 6.44% on its $25 liquidation preference and 6.5% coupon. It trades at a premium of 0.9% to par. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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