Dipping Our Toes Into High Yield (Part 2): Around 9% From MFA Financial

2025-10-14 12:51:43 ET

After BDC baby bonds started to crash, we took a look at MREIT baby bonds. MREIT's bonds are comparable in terms of duration and yield to the holdings of BDCs, but offer the advantage of avoiding management fees of around 2.5% if we are to create our own capital structure similar to a BDC. These bonds are better because the associated exchange-traded common and preferred shares allow for hedging and improved risk management, reducing volatility and increasing potential returns. In the following lines, we will take a close look at MFA Financial ( MFA ). ...

Read the full article on Seeking Alpha

For further details see: