My portfolio is set up for income. I own about 30+ holdings like NNN, and also including some preferreds. Recently many good issues trading under par and look like good buys if income is your goal. Anyone with similar goals looking into preferred? Come on lets get some good discussions going here so we just don't always have to 'ignore' these dopey posters!!!
I've been buying NNN-E, its a bargain w/ $5 to get to parity (BBB+).
Also DD-A and DD-B are really close to buys (AA) paying divs since 1947
Quantumonline gives the complete lowdown on fixed income data.
I agree this interest rate "taper" has caused panic but I can't see treasuries nearing 5% range for 5 years or more.
Trying to figure out why the preferred has taken such a big hit. I see other similar companies preferred yielding much less? Is there a forced seller or shorting of the preferred going on? I am holding my NNN-D at a yield of 7.3%. Can't get anything near that in treasuries or banks.