PennyMac Mortgage Investment Trust Preferred Series C (PMT_pc)

PennyMac Mortgage Investment Trust Preferred Series C (PMT.PRC) is a preferred security associated with PennyMac Mortgage Investment Trust, a mortgage REIT listed on the NYSE. The trust, through its subsidiary, focuses on residential mortgage-related assets in the United States. Its activities are organized across three segments: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production. These segments include investments in credit risk transfer agreements, subordinate and credit-linked mortgage-backed securities, mortgage servicing rights, agency and non-agency MBS, collateralized mortgage obligations, and related hedging activities, as well as the purchase, pooling, and resale of newly originated prime quality loans. PennyMac Mortgage Investment Trust elected REIT status and is structured so that it is not subject to U.S. federal income tax on income distributed to shareholders that qualifies under REIT rules. The trust was incorporated in 2009 and is headquartered in Westlake Village, California.

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