Laundry List of Preferred and Baby Bond Holdings

Below is a listing of all my preferred stock and baby bonds holdings. At this moment (1/8/2024) my portfolios are about 58% preferred and baby bonds with the balance in CDs, money markets, treasuries and investment grade corporate bonds.

This list is not a recommendation to buy anything–just where I am at today.

Everyone has different needs and are in different stages of their lives – as of 12/17/2023 I am targeting 7% yields through a mixture of high quality modest coupons, mid quality issues in the 7% area and high yield which I can buy in the 8% area. Since I hold considerable CDs, treasuries, investment grade corporates in the 5.xx% area I am in the process of shifting out of these into preferreds and baby bonds.

NOTE on the issues marked ‘Sock Drawer’ below–it my intention to hold these very long term (or to maturity), but things change so depending on markets they could be sold.