Don't say you weren't warned. Seventy-five percent of the preferred market is trading above par,...

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jbzw Comments (411)
 
New NRF-C, currently trading as NRFCP, is under par and yields over 8.75 %. also newer and near par is RSO-B which yields over 8%. Happy hunting to the vigilant!
13 Oct 2012, 01:59 PM Reply Like

RBHo Comment (1)
 
Companies have to have dollars for which they have no better use before they make calls.
14 Oct 2012, 02:43 AM Reply Like

Dave Kress Comments (4)
 
Of course it is trading above par! It is only one of several safer
high yield investment ETF's of better quality issues that you can get any return on! IT IS WORTH IT! I received high yields, capital gains
and, total satisfaction on General Electric's GEC, GEJ, GER that are
all in the same category as PFF. Result? I am doing it again in PFF
this year. 6-7% payouts, modest capital gains. I call that heaven
on earth in a near zero yield "safe" market of Treasuries, agencies, etc.
14 Oct 2012, 02:43 AM Reply Like