PMT - PennyMac Investors Have A Choice: Equity Or Preferreds
Summary
- PennyMac Mortgage Investment Trust is specialty finance company that primarily invests in mortgage-related assets. Its 13% yield is very attractive.
- In 2021, PMT issued their third preferred security, the PennyMac Mortgage Investment trust 6.75% Red PFD C, callable after 5 years.
- This article covers both choices so investors can understand both and decide if any (or both) meet any of their investment needs and fits into their current portfolio allocation.
For further details see:
PennyMac Investors Have A Choice: Equity Or Preferreds