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MER-P-K
NYSE
$25.29

Bank Of America Corp (MER-P-K)

Merrill Lynch & Company, Inc. 6.45% Trust Preferred Securities (Ticker: MER-P-K) represents an attractive investment in the hybrid debt market, combining fixed income stability with equity-like features. As a wholly-owned subsidiary of Bank of America, it enjoys strong financial support and a reputable global footprint, enhancing its resilience in the evolving financial sector. With its reliable dividend yield, MER-P-K is a strategic addition for institutional investors seeking to diversify their fixed income holdings while benefiting from the strength of a well-established financial institution.
Industry:
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Beta (5Y)

0.05

Price Chart

Growth & Risk
Dividends 5Y CAGR+4.56%
Beta (5Y)0.05
Sharpe Ratio0.60