Guess I will be selling my O-F shares and picking up the NNN-D shares. Same coupon rate, but trading much lower.
See how much you can learn from the Kaptain !!!!!
Actually the yield to maturity is higher on the NNN preferred because of the large discount to par
I assume you mean the yield to call date is higher, as most prefereds have no maturity date. In any event, it is still a better purchase.