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I'm in RIT- 60% REIT common+ 40% REIT preferreds. nice discount/8% yield /6cents a month.
RIT has already declared 6 cents thru rest of year.http://www.cefconnect.com/Details/Summary.aspx?ticker=RITMET-A pays you 4% minimum and it can be called now at their wish, but they have to pay you $25+interest, it's at $23. What kind of guarantees do you want? Show me something with less dnside risk.