MFA FINANCIAL, INC.'s MFAN is an exchange-traded baby bond in the REIT - Diversified sector. At a recent price of $24.95, MFAN yields 8.89% on its $25 liquidation preference and 8.875% coupon. It trades at a discount of 0.2% to par. The issue is perpetual (no stated maturity), callable on or after 2026-02-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.