Adamas Trust 9.125% Senior Notes Due 2030

ADAMG

Market cap $82.4M

Adamas Trust, Inc. offers compelling value in its baby bonds, which yield nearly 10% and trade below or around par. ADAM's strong credit metrics, high asset quality, and 20-year dividend history support the safety of its baby bonds. The baby bonds (ADAMG, ADAMH, ADAMI) provide better risk-adjusted returns than ADAM's preferred stocks, with lower duration and credit risk.