Treasury asset: SOL · holdings 2,590,266 SOL as of 2026-10-16 (filing) · updated 2026-10-21 06:00 UTC · prices delayed
Shares: 424B5 (Sep 11, 2026): 32,620,790 common shares issued and outstanding as of Aug 31, 2026
Enterprise-value mNAV not shown: no sourced cash figure for DFDV in PrefWatch's inputs.
Prices refresh hourly on market days; share counts and debt update when new filings or issuer figures are added. The homepage commons cards show this same mNAV.
| Ticker | Price | Rate | Eff. yield | Next payment | Shares out | Market value | Notional |
|---|---|---|---|---|---|---|---|
| CHAD | $9.62 | 14.00% variable | 13.51% | $0.00614 on 2026-11-02 (declared) | 1,581,250 as of 2026-10-15 | $15.2M | $15.8M |
Prices delayed (Yahoo Finance). Effective yield = rate × stated amount ÷ price. Market value = price × shares out; notional = shares out × stated amount (STRE converted at the live EUR/USD). Each ticker links to its own page.
| CHAD | 1,581,250 × $10 × 14.00% | $2.2M |
These are separate measures — never added together. Cash coverage: not sourced. No dated cash-only figure filed since Q2.
Same inputs and formulas as the homepage coverage cards: annual preferred dividends = shares × stated amount × rate (latest filings); treasury value = filed holdings × SOL price (CoinGecko, as of this build); amplification = (preferred notional + debt principal) ÷ treasury value.
Holdings, preferred dividends and debt are held fixed at the latest filings; only the SOL price moves. This shows the mechanics, not a forecast, and is not investment advice. Cash coverage does not depend on price and is unchanged.
Not sourced: no dated cash-only figure filed since Q2 2026.
7 dated points, 2026-08-27 to 2026-10-19, each from an SEC filing (8-K/10-Q/10-K or exhibit press release). Nothing is interpolated: lines just join filed points. SOL prices: Yahoo Finance daily closes (UTC day, SOL-USD) on each filing's as-of date. Dashed vertical lines mark when each preferred was first issued. Dividend rates are those in effect on each date. Debt principal as filed; carried forward between filings.
| As of | Holdings | Preferred shares | Coverage (yrs) | Amplification | |
| 2026-10-19 | 2,590,266 SOL | CHAD 1,581,250 | 132.22 | 85.22% | filing |
| 2026-10-12 | 2,586,282 SOL | CHAD 1,581,250 | 132.81 | 84.84% | filing |
| 2026-10-05 | 2,564,212 SOL | CHAD 1,581,250 | 150.63 | 74.8% | filing |
| 2026-09-28 | 2,538,010 SOL | CHAD 1,581,250 | 146.72 | 76.79% | filing |
| 2026-09-21 | 2,490,304 SOL | CHAD 1,581,250 | 143.86 | 78.32% | filing |
| 2026-09-14 | 2,388,923 SOL | CHAD 1,375,000 | 136.98 | 93.75% | filing |
| 2026-08-27 | 2,333,432 SOL | none | — | 84.68% | filing |
Machine-readable: history.json
| CHAD shares out (IPO + over-allotment) | 1,581,250 |
| SOL & SOL equivalents (Oct 16, 2026) | 2,590,266 |
| CHAD rate from Nov 1, 2026 | 14.00% ($1.40/yr on $10) |
| Nov 2026 declared dividends (aggregate) | $184,469 |
| Consolidated debt (Jun 30, 2026) | $215.8M |
Prices: Yahoo Finance (delayed). SOL: CoinGecko. Holdings, shares, cash and debt: issuer SEC filings and press releases. History: history.json. PrefWatch is independent and not affiliated with any issuer. Not investment advice.
All preferreds, the dividend calendar and the income modeler on PrefWatch