Anyone with experience with RSO. Its is said to benefit from interest rate increases. due to Ex later this month.Dont waste time on their message board.
I bought some of the RSOPreferred B from Onion's reco. Trading under par at 24.80. Tough to beat over 8%, steady PPS, and money. I also have AMTG Preferred A and MITT Preferred B. Same deal, but just over Par by a few cents.
Doc I picked up some RSO.B also. ExDay end of month.
Too much ROC. Some real pieces of work on their MB.
The funds flow covers the dividend.. but it trades really high over its book. i would avoid it and buy MTGE instead.