SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?


To: brehm233 who wrote (51890)6/11/2025 1:17:54 PM
From: Privately1 Recommendation

Recommended By
brehm233

  Respond to of 52115
 
Re: bought a few shares of ATLCL, below par and maturing in 2026

I picked up a bit of ATLCL over the last few weeks too. Paying about 6.4%, plus about a dollar capital gain in Nov. 2026.

I also own some ATLCZ. Bought most recent tranche when it was down in the mid $23s a few months ago. Due in January 2029, so a little longer risk. Pays about 9.5%, trading around $25 at the moment.

Atlanticus is a little more risky than some other plays because they are in consumer finance (cars, credit cards, etc.) and they have less than $1B market cap. so I am staying in the debt and hoping the preferred and common shares will be enough "buffer" to protect my debt holdings.