Athene Holding Preferreds: Strong Fixed-Rate Yield Accompanied By Duration Risk
Source: SeekingAlpha
2026-06-26 15:25:27 ET
ATHENE HOLDING LTD. has in total four series of outstanding preference shares. Two of them are fixed-rate preferreds, which we would be focusing on here. Both of these fixed-rate preferred shares trade at a considerable discount to par currently and offer a broadly identical dividend yield of ~7.7%. The discount to par further offsets any concern regarding the company calling the shares at present while also retaining much of the upside in the event of declining interest rates. These are ( ATH.PR.D ) and ( ATH.PR.B ) ...
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Athene Holding Preferreds: Strong Fixed-Rate Yield Accompanied By Duration Risk
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