OAK-P-B: Oaktree Capital Group LLC 6.55% Series B Preferred Stock
Oaktree Capital Group LLC's OAK-P-B is an exchange-traded preferred stock in the Closed-End Funds sector.
At a recent price of $20.90, OAK-P-B yields 7.83% on its $25 liquidation preference and 6.55% coupon.
It trades at a discount of 16.4% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2023-09-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.