STRF
Senior fixed cumulative preferred
Strategy · Listed 25 Mar 2025 · USD
Price
$101.42
Par
$100.00
Coupon
10.00%
Eff. yield
9.86%
Frequency
Quarterly → daily 1 Jan 2027
No time series in the seed. This panel reads instrument.series when a source is added.
No time series in the seed. This panel reads instrument.series when a source is added.
Payout schedule
- Quarterly from 25 Mar 2025 until 1 Jan 2027
- Daily from 1 Jan 2027
| Modeled date | Kind | Illustrative installment |
|---|---|---|
| 1 Jan 2027 | Daily | ≈$0.0274 |
| 2 Jan 2027 · weekend | Daily | ≈$0.0274 |
| 3 Jan 2027 · weekend | Daily | ≈$0.0274 |
| 4 Jan 2027 | Daily | ≈$0.0274 |
| 5 Jan 2027 | Daily | ≈$0.0274 |
| 6 Jan 2027 | Daily | ≈$0.0274 |
| 7 Jan 2027 | Daily | ≈$0.0274 |
| 8 Jan 2027 | Daily | ≈$0.0274 |
Identity
Market
Price
$101.42
Par
$100.00
Coupon
Coupon rate
10.00%
Effective yield
9.86%
Rate type
Fixed
Rate reset
—
Payout frequency
Quarterly → daily 1 Jan 2027
Spreads
Spread vs T-bills
—
Spread vs 10Y Treasury
—
Spread vs HYG
—
Terms
Total outstanding
—
Seniority
Most senior
Cumulative
Cumulative
Convertible
—
Coverage
Coverage ratio
—
Drawdown to 1x coverage
—
Cash reserve months
—
Trading
Daily dollar volume
$11.18M
30D correlation to BTC
-0.31
90D correlation to BTC
-0.11
30D correlation to issuer common
0.23
90D correlation to issuer common
0.48
30D volatility
8.14%
90D volatility
21.53%
30D Sharpe
-3.04
90D Sharpe
1.67
Beta to BTC
-0.07
Days above par
58.17%
Issuance
ATM issuance / week
—
BTC acquired
—
Rate-change history
—