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I continue on the ‘hunt’ for some decent total returns with good levels of safety and have found one that I believe could return 10-17% with decent safety. Aspen Insurance Holdings which is now owned by Apollo Global (APO) has 3 preferred outstanding a…

Well once again the the 10 year treasury yield is falling – now at 4.19% this morning. The bet now seems to be a ‘soft landing’ in the economy. Certainly the most recent data points that way–BUT it is only one months worth of data. Markets seem to get…

Below are press releases from companies with preferred stock and/or baby bonds outstanding-or just news of general interest. News will be slow for the next 4-6 weeks until the 2nd quarter earnings season arrives.    Abacus Life Announces Proposed Publi…

Well we got some darned decent inflation news this week in both the CPI and PPI–which doesn’t really change the course the Fed is on as expressed by Chair Powell yesterday–data dependent–but it doesn’t hurt the odds of a cut later in the year (my wo…

Below are press releases from companies with preferred stock and/or baby bonds outstanding-or just news of general interest. News will be slow for the next 4-6 weeks until the 2nd quarter earnings season arrives.    W. R. Berkley Corpora…

JPMorgan Prive Bank has published an article with their thoughts on investing in preferred stocks right now which I though might be of interest. Here is the link.

So we have the consumer price index (CPI) to be released in 15 minutes–forecast is for flat numbers month over month on the headline number and the core rate. Let’s face it no one knows what the number will be – just a bunch of ‘guesses’ out there. Th…

OFS Credit posted their earnings today. While I don’t own any of the term preferreds from Collateralized Loan Obligation owner OFS Credit Company (OCCI) I do a quick review on all of the CLO owners whenever they release earnings since I do own shares i…

Below are press releases from companies with preferred stock and/or baby bonds outstanding-or just news of general interest. News will be slow for the next 4-6 weeks until the 2nd quarter earnings season arrive.   Redwood Trust Declares Second Quarter…

Our portfolios remain composed of a balance of high quality preferreds and baby bonds, balanced with high yield BDC baby bonds and a few high yield preferreds–thus far performing almost perfectly (from my perspective). This portion of our investments…

Below are press releases from companies with preferred stock and/or baby bonds outstanding-or just news of general interest. News will be slow for the next 4-6 weeks until the 2nd quarter earnings season arrive.  Vornado’s Retail JV Completes $400 Mill…

The S&P500 moved higher by 1.3% last week–a week of some contrasting economic news and some fairly large intraday swings. Jobs numbers, ADP on Wednesday and the official government jobs on Friday showed contrasting numbers–ADP coming in lighter t…