That is just bond terminology for price quotes. Par/face value is 100 or 100%, 90.00 would be 90% of face value, etc.

Just go to TRADE. Then look down to CD. I think you will find 13 right now. One year. From famous banks to the obscure ones you are so fond of.

OK, I'm at the lovely webpage at Schwab showing featured CDs. I haven't used the search function yet. Where do they hide the notation which tells me that a particular CD is non-callable? Everything you might need to know is hidden, on the Schwab site.... ORK. I'll figure it out soon enough, if I judge it to be worth my time to go digging for the info. Your encouragement, everyone, is appreciated.
OK. "Find CDs."
...Quoted Price: 100.000
Does that mean $100.00?
...Then why is the minimum $1,000.00?

The stock is trading at $25.75 when the transaction closing price is $27.5. Current insider shareholders already own 91% of the voting and voted in favor of the deal.
http://archive.fast-edgar.com/20240402/AJ2ZV22CZZ2RR9ZA22ZS2ZYSVU9KZZ22Z86G/d733429dex991.htm
"The transaction is subject to the satisfaction of customary closing conditions and required regulatory approvals. No other stockholder approval is required. The transaction is expected to close by the end of the first quarter of 2025."
Current discount is less than 6.8%. If the transaction drags out for a year, not enough discount IMO, given potential litigation by minority shareholders for more consideration and given one can make nearly that much buying 1 yr BBB corporate bonds.
If you are a betting person,
What is the likelihood (assign probabilities) this transaction will close in Q2, Q3, Q4 of 2024 or never closes?
I am betting this will close no later than Q4, 2024 after minority shareholders' suits for a higher price are cleared by the courts. (I am assuming there will be litigation from minority shareholders.)
What is the likelihood any litigation by minority shareholders will actually result in a higher deal price (i.e., higher than $27.5)?
I am betting the deal price will not increase above $27.5 unless a competing bid with a higher price comes along but my probability for a competing bid is less than 20%.
@Devo?
Anyone not wishing to discuss the above in public but otherwise willing to help me out, please send me a private message. I would appreciate all opinions.

I have previously commented that Lipper treats DIVO as an equity income fund, while M* treats it as an options fund. I discovered DIVO running screens on MFO Premium, and subsequently added it to my taxable, and then to my IRA.
I think I have correctly replicated Devo's method described here.
And here is the result for DIVO since inception.
Well. That looks OK to me. And I don't have to fiddle with rebalancing, unless I want to.
I look forward to more fun with this exercise over other time periods, and with other investments. One of these days . . .
Thank you Devo

@rforno
the legislature responds to
1) money ( most comes from special interests, but only because the average American wont contribute)
2) Votes
I believe if the American public voted and demanded change it would happen, but most are too busy streaming garbage.
you can, of course, believe this garbage streaming is presented for a purpose

Devesh works very carefully through the operations of options in a portfolio ("Deep Dive," which might be read first) and the complexity of assessing their contribution ("The Options Conundrum"), both of which complement his March overview essay.
Lynn takes on tax-efficient long-term investing (two recs follow) and updates us on the disappearance of Fidelity New Millennium ETF and the launch of a new active ETF suite that incorporates and transforms a couple earlier funds.
The Shadow shares word on a slew of liquidations. a handful of "oh god, we're not green!" repositionings, some rechristennings and the industry's miscellaneous adventures.
I write a bit about happiness, satisfaction, envy, Kahneman, Munger, GoodHaven, Pinnacle, volatility ... and Trump Media's potential arrival in your portfolio.
Fairly major pieces on quality and infrastructure are pending. I'm incredibly frustrated by the consistent lack of professionalism among advisors and their media relations staff (looking at you GMO ... Lazard ... Impax ... and others). I'll continue outreach in hopes of offering more richly informed essays May 1 than I could April 1.
With cheers to all,
David

Brokered CDs
@Crash, brokered CDs are expensive for the banks to raise money. They have to pay brokerage platform fees to be listed (25-50 bps), and then offer competitive rates. But banks can raise deposit money through this channel quickly, without tying up their branch staff for days/weeks. Despite high costs to the banks, they find this a lucrative channel so much so that banks in trouble keep tapping this channel way past their time. The Fed knows this too, so keeps an eye on banks that top the lists of brokered CDs repeatedly. Big banks are mostly on/off those Top CD lists, or offer unusual maturities so as not to be on the top CD lists - ever wonder what's the big deal about 11-mo or 14-mo CD?
Anyway, the good news is that you as a consumer don't have to pay any extra fees for brokered CDs. Just make sure that they are FDIC insured - Fido, Schwab, etc offer only FDIC insured CDs, but small brokerages may also offer higher rate non-FDIC insured CDs (not worth the headache). You also have to get used to their fluctuating values, but they will pay 100% on maturity (principal & interest).
Keep in mind that brokered CDs aren't very liquid, so if there is even a small chance that you may need money before maturity, stick to very liquid T-Bills/Notes.

@Crash - Why not buy brokered CDs? I can easily search for and buy the highest yielding CDs at Fidelity, and I assume Schwab has similar offerings. They are all FDIC protected.

Hello!
I have looked into that prospect, just briefly. What I saw scared me away. I could of course try to find a brokered CD that's not callable. Does such a beast actually exist? At any rate, when I saw that fees are involved, for the privilege of buying one of those critters, I steered all the way around and out the other side. (I was looking in the TRP website, at that time.)
Sure, my bond funds all carry an E.R., too. I own 3. The ERs range from 0.81 down to 0.25. Better than a 2% up-front fee. Smells awfully like a front-load fund, eh? No way, Jose. That's what I recall, but my memory is hazy by now. I enjoy the steady bond fund monthly dividend payments as they arrive.

Remember, the Equifax breach affected EVERY American, including legislators at all levels. If *that* wasn't enough to spur them into taking more dramatic action to protect people's data and punish violators, nothing will.
I'm reminded how little was done after Sandy Hook, where legislators essentially declared by their inaction that killing innocent kids was okay and that assault weapons weren't an issue worth worrying about.
If events like Equifax or Sandy Hook or Covid-19 or climate change or - or -or other things that impact large swaths (if not all) of the country's citizenry don't spur legislators into taking productive and meaningful action to address such concerns, nothing will.
Yes, I'm a bleepin' cynic.

My friend Crash,,,, my horizon is no longer 15 years ,,,, you youngsters can afford to wait.

Yes, gotcha. I am just looking at the 5-year performance. It lands in the top 7% of category, but at +1.89%, it doesn't seem worth the trouble, eh? Of course, the Covid-put is a big piece of that picture. ...Going back FIFTEEN years, it's up by 4.2%, in the top 21 percent of category. That sounds much more worth our time. It does not own junk.

DODIX -32% for first quarter. Today -.64 %. The perils of yield chasing.

M* is not the most reliable, but they show DODIX down for the 1st Quarter by -0.96%. the one-day number you posted jives, yes...
Stock Rover shows YTD DODIX -0.3%.
Bloomberg shows DODIX YTD -0.78%.

US News-listed "best Interm. Core Bond funds:
current SEC rates, per M*:
DODIX 4.06%
SCHZ 4.41
AGG 4.33
CMBS 3.98
SPAB 4.45
GBF 4.6

AT&T has said that "the data set appears to be from 2019 or earlier", so hopefully anyone joining AT&T after that timeframe has not been compromised. Yet. Today. Maybe.

They had some 75 million ex customers' data breached. Why are not there rules about what ex-customer data can be retained and for how long? Why did they need to keep SS# of ex-customers when they no longer worry about those customers' credit profile? If every company keeps all customers data for ever, we are just sitting ducks for the hackers.
I think our elected politicians are the rascals that allow all these shenanigans continue.
Are the data breaches in EU and Japan as prevalent as in the US?

CNET says that 2019 breach became known only in 2021. Lot of the data in the current breach is from 2019/2021, but there are also some fresh data from 2024. That says a lot about transparency by AT&T.
https://www.cnet.com/tech/mobile/data-from-73-million-at-t-accounts-stolen-what-you-can-do-to-protect-yourself/

@yugo - The yields on my 5-year CDs are 5.0-5.1%, all non-callable. I bought them when rates peaked in 2023, so they have 4+ years left until maturity. Some of the shorter term CDs will start maturing in May, and I doubt if I’ll be able to buy new 5-years with yields that high. I may buy some federal agency bonds that are still yielding more than 5%, but they are callable. Or I might start investing in intermediate bond funds again if it looks like rates are stabilizing.

AT&T has said that "the data set appears to be from 2019 or earlier", so hopefully anyone joining AT&T after that timeframe has not been compromised. Yet. Today. Maybe.

I don’t ever buy CDs with automatic rollover. When they mature, I either reinvest in CDs with the highest rates, Treasuries or short-term to intermediate bond funds. I also have set up several CD ladders extending out 5 years, with yields averaging more than 5%. If yields drop, I’ll continue to get good yields from my ladders.
Look at it this way, I don’t own or track a single bond fund that has returned 5% over the past 10 years. My CD ladders will provide me a guaranteed yield of 5%. What’s not to like about that?

Could I ask what are the yields on the the 5-year legs of your CD ladders? Are these callable?

MStar. Currently showing: 0.11 / -4.48 at 5 / 10 y for VSMIX, which is a notable improvement in just a couple of days. One might say that m-stars are moving in your favor...

Thank you for the info. I forgot they have five and ten year numbers under the risk tab. I just don't spend much time there anymore.