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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
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0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
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1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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Sell in May, Then Buy Preferreds |
InvestorPlace - May 3, 2013 - By Lawrence Meyers
Hedge your portfolio with fixed income via preferred stock
The dreaded aphorism that we should bail on stocks in May and not return until November doesn’t sit well with this long-term diversified portfolio aficionado. Still, there are some folks out there who think it’s a good idea. Or maybe they’re just scared.
And yet, that little voice inside tells them they should have some kind of exposure. After all, perhaps they need some fixed income.
That’s why I think, if you’re going to sell some of your portfolio, redeploy that capital into preferred stocks.
First, let’s review what these securities are all about. Preferred stocks are often referred to as “stock-bond hybrids,” as they share characteristics of both types of vehicles. Let’s use one of my holdings as an example.
Hotel REIT Ashford Hospitality Trust (NYSE:AHT) issued 8 million shares of 8.45% Series D Cumulative Preferred Stock at $25 a share, callable 7/8/2012. (Translated, this means that the company issued 8 million shares at $25, raising $20 million in the process.) It carries the Series D moniker to distinguish it from other issuings.
For the complete article.
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| Partner Market Place |
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| Stuff to look at |
Yield and Income Newsletter: A must have for income investors. subscribe NOW
S&P Commentary and Newsletters: S&P
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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