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Changing Fix Income Mix

|Includes:PowerShares Financial Preferred Portfolio ETF (PGF)

Opened Santander 10.5% preferred (Yahoo! ticker SAN-PE, Google SAN-E) today. It's a replacement for PowerShares Financial Preferred Portfolio ETF (NYSEARCA:PGF). Moving to higher risk / higher reward.

Disclosure: I am long PGF.

Additional disclosure: I am long SAN-PE. Positions can change any time.

Stocks: PGF