Preferred shares are an income investor’s best friend when it comes to hybrid securities, which sit above common equity in the capital structure. When a preferred share is trading above its call price ...
PFFA has recently performed very well, despite the interest rate cuts and its exposure to floating preferreds (including negative yield-to-call risk). The yield has dropped to 9%, which raises the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback