Franklin BSP Realty Trust, Inc.'s FBRT-P-E is an exchange-traded preferred stock in the REIT - Diversified sector. At a recent price of $19.54, FBRT-P-E yields 9.60% on its $25 liquidation preference and 7.5% coupon. It trades at a discount of 21.8% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2018-05-13. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.