TPG RE Finance Trust: I Doubled My Position In The 8% Yielding Preferreds
Portfolio Pulse from
TPG RE Finance Trust's preferred shares are trading at a discount and offer an 8% yield. The company has increased its loan investment portfolio and has strong liquidity to cover preferred dividends.
November 11, 2024 | 3:45 am
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POSITIVE IMPACT
TPG RE Finance Trust's preferred shares are trading at 77 cents on the dollar, offering an 8% yield. The company has increased its loan investment portfolio and has $357 million in liquidity, ensuring strong coverage for preferred dividends.
The preferred shares of TPG RE Finance Trust are trading at a significant discount, which may attract investors looking for high yield opportunities. The company's strong liquidity position and increased loan investment portfolio provide confidence in its ability to cover preferred dividends, likely leading to positive sentiment and potential price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100