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FRRQCX

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1d
1w
1m

Analysis and statistics

  • Open
    10.1319$
  • Previous Close
    10.1319$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FRRQCX.US is the Bloomberg ticker symbol for the "Fixed Rate Reset Cumulative Redeemable Preferred Shares Series X" issued by First Republic Bank. These are preferred shares with a fixed dividend rate that resets periodically, are cumulative, meaning any missed dividends must be paid before common shareholders receive dividends, and are redeemable, giving the issuer the option to buy them back. However, First Republic Bank failed and was acquired by JP Morgan Chase, so trading of these preferred shares ceased.
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Factors

Fund Performance: Historical and recent returns influence investor demand.

Market Conditions: Overall stock market trends impact the fund's net asset value.

Interest Rates: Rising rates can decrease bond values held within the fund.

Credit Risk: Downgrades or defaults of securities in the portfolio affect price.

Expense Ratio: Higher fees reduce returns, affecting perceived value.

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