The GDL Fund (NYSE:GDL) (the “Fund”) announced today that it will redeem all remaining shares of its issued and …
The S&P U.S. Preferred Stock Index yields more than 5% — putting common stocks ... Almost 28% of the iShares fund’s $17.5 billion in holdings are callable by the end of this year, says Dorothy Lariviere, an analyst and product consultant …
As with all investments, they have good and bad features. A callable CD made sense for part of my money I want to keep away from stock market risk. Callable CDs, or certificates of deposit, combine the features of bonds and traditional …
If that price is reached, the preferred can be traded for common stock. And "callable preferred" stock (also called "redeemable") comes with the provision that the issuer can repurchase shares at a specified price at its option. Which …
Choose a preferred stock that is not callable in the near future and is trading over par. So if Joe’s Donuts Preferred A stock was issued at $25, and it’s trading at $27, and is callable in January 2013, you better be careful or you’ll have …
Jones & Co., among others. Last month, Edward Jones agreed to a censure and $200,000 fine by the New York Stock Exchange over allegations that the brokerage failed to adequately supervise callable CD sales. The firm did not admit …
A few of you have told me I did a disservice to readers by failing to discuss callable certificates of deposit ... Equity-linked CDs pay rates "based on" (which doesn't mean the same as) stock market gains. Since details can vary widely, my …
A few of you have told me I did a disservice to readers by failing to discuss callable certificates of deposit ... Equity-linked CDs pay rates based on (which doesn't mean the same as) stock market gains. Because details can vary widely, my …
The darn thing has 12 different series of preferred stock, ranging from 5.2% to 6.875% — although that one is callable early next year, so I’d avoid it. In surveying all the offerings, I think I’d settle on the 5.9% Series S Preferred stock.