OAK-P-A: Oaktree Capital Group LLC 6.625% Series A Preferred Stock
Oaktree Capital Group LLC's OAK-P-A is an exchange-traded preferred stock in the Closed-End Funds sector.
At a recent price of $21.22, OAK-P-A yields 7.81% on its $25 liquidation preference and 6.625% coupon.
It trades at a discount of 15.1% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2023-06-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.