MITT-P-A: TPG Mortgage Investment Trust, Inc. 8.25% Series A Preferred Stock
TPG Mortgage Investment Trust, Inc.'s MITT-P-A is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $21.91, MITT-P-A yields 9.41% on its $25 liquidation preference and 8.25% coupon.
It trades at a discount of 12.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2017-08-03.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.