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Below are a few great buys that are out there right now. When I say great buys, to me, that means at or very close to investment grade. No doubt I have mentioned some of these before–maybe they are better buys now? Of course they could be better next…

Below are some press release from company’s that have preferred stock or baby bonds outstanding. Priority Income Fund Achieves Record Average Weekly Common Equity Fundraise in August, with an Annualized Run Rate of $300 Million and with Total Capital R…

The 10 year treasury yield has taken a pretty good jump the last week–trading as high as 3.30% earlier today (now at 3.27%). The move higher has meant the 10 year has jumped almost 50 basis points higher in the last 2-3 weeks. I feel fortunate to have…

Below are some headlines from company’s which have preferred stock or baby bonds outstanding. Priority Income Fund Announces 10.6% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bon…

So on Friday we have the ‘official’ (from the government) jobs numbers coming in at 7:30 am (central) and the current estimate is for the creation of 318,000 new jobs. Last month showed a blowout number of 528,000 new jobs. We know from the job opening…

Below are some press releases from company’s that have preferred stock or baby bonds outstanding. Athene Holding Ltd. Declares Third Quarter 2022 Preferred Stock Dividends Global Ship Lease Announces Forward Charter Agreements Newtek Business Services…

Below are some press releases from company’s that have preferred stock or baby bonds outstanding. Prospect Capital Announces June 2022 Results: $0.21 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions S…

Well there has been chatter in the comments today and through the power of the group I think we have figured it all out. As most of you know Libor (London Interbank Offered Rate) will go away on 6/30/2023. This brings the question of ‘what happens to t…

The S&P500 was hammered hard last week as Fed Chair Powell rained on the parade with his short, but hawkish speech, from Wyoming last Friday. The index fell 3.4% on Friday which brought the index loss to 4% on the week. The 10 year treasury yield w…

Large business development company (BDC) Prospect Capital (PSEC) is on deck to announce earnings for the quarter ending 6/30/2022 on Monday. PSEC is an unloved BDC, but is large, with $7.5 billion in assets and had rescheduled their report release from…

Below are some press releases from company’s with preferred stock and baby bonds outstanding. Great Ajax Corp. Closes Offering of $110,000,000 of Senior Unsecured Notes AM Best Revises Outlooks to Positive for Assurant, Inc. and Its Property/Casualty S…

Fed Chair Powell set a hawkish tone in his Jackson Hole presentation which started 4 minutes ago. Of course equity markets had set themselves up for disappointment by thinking the Fed would ‘pause’ or slow down rate hikes based on a month or two of jus…