Freddie Mac Preferred Stock 4.59164%

Freddie Mac Preferred Stock 4.59164% represents a specific class of non-voting preferred shares issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac. The primary function of these securities is to raise capital for Freddie Mac while providing shareholders with a fixed dividend payout, which in this case is 4.59164%. Preferred stockholders enjoy preferential treatment over common stockholders concerning dividend distributions and asset liquidation, though they do not possess voting rights in corporate matters. This makes Freddie Mac Preferred Stock 4.59164% particularly appealing to investors seeking stable and predictable income streams from a financial institution integral to the secondary mortgage market. Freddie Mac, a government-sponsored enterprise, plays a vital role in enhancing access to home financing and ensuring liquidity and stability within the U.S. housing market. By investing in these preferred shares, investors indirectly participate in the broader mortgage finance ecosystem, supporting Freddie Mac's mission to promote affordable homeownership.