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MFAN: MFA FINANCIAL, INC. 8.875% Baby Bond

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MFA FINANCIAL, INC.'s MFAN is an exchange-traded baby bond in the REIT - Diversified sector. At a recent price of $24.99, MFAN yields 8.88% on its $25 liquidation preference and 8.875% coupon. It trades at a discount of 0.0% to par. The issue is perpetual (no stated maturity), callable on or after 2026-02-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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