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We will be out of the office the majority of the time during Thursday and Friday, although we will be back in the evening to check out the markets. Of course we will have our smart phone with which to keep an eye on all of the fun in the marketplace, b…

As the situation in Turkey keeps simmering global investors do the ‘rush to safety’ move once again sending the 10 year treasury down -4 basis point to around 2.85%. As I glance at the Master List of $25 issues it appears that the safety play has proba…

We have just purchased 500 shares of the new Gladstone Investment term preferred at $24.70–thanks to reader SPM we found out the issue is trading OTC Grey market already under ticker GLDZP. Even though the coupon is meager at 6.375% this issue should…

As noted yesterday Gladstone Investment (NASDAQ:GAIN), a business development company has priced a new term preferred with a coupon of 6.375% with a mandatory redemption in 2025. Additionally they have announced the calls on the 6.75% and 6.50% term pr…

We have had a few questions on some older portfolios we maintain over at the DividendInvestor.com site.  We continue to maintain these models because they are important to us on a historical basis–proving of concept. Here we review the 2014-2018 Short…

Gladstone Investment (NASDAQ:GAIN) is selling a new term preferred. Details are yet to be determined, but it will have a mandatory redemption in 2025. The proceeds will be used to redeem the 6.75% term preferred issue (NASDAQ:GAINO) and the 6.50% issue…

Since there are only a dozen trust preferred issues remaining outstanding at this time we have added them to the ‘Master List’ which we published last week. $25/Share Master List of Preferreds, Baby Bonds and Trust Preferreds (will open a spreadsheet i…

As with any security purchase the selling decision is always more difficult than the buying decision. The new Global Partners (NYSE:GLP) 9.75% fixed-to-floating rate units is the one we are dealing with now.  The issue began trading on the Big Board to…

We expect that the monetary crisis in Turkey will be the main item that will provide excitement in the markets this week – it doesn’t seem like any other fundamental piece of news can move this market much at all. Last the DJIA traded in a range of 25,…

Our model portfolio which we call the “Medium Duration Fixed Income Portfolio” just keeps trucking along as originally intended. This portfolio has hardly been touched since it was originally composed on 2/8/2018 and that was the intention of the portf…

Financial services company Ladenburg Thalmann has price a new issue of baby bonds with a coupon of 7.25%. We had posted on this new issue earlier today. The pricing term sheet can be found here.  

Tomorrow monring at 7:30 am (central) we have the only real economic report that has a minor possibility of moving some markets and that is the CPI (Consumer Price Index). Currently the consensus forecast for the month of July is for an increase in pri…