SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Income Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maverick61 who wrote (37653)2/1/2019 11:24:36 AM
From: Dura Ace4 Recommendations

Recommended By
aarod
B.O. Plenty
Graustus
MRothaus1

   of 52129
 
Re: PFF went to a new Index 1/31 which likely impacted many of those late

Excellent info, Maverick.

From your lead, I pulled the SEC Form 497 which outlines the transition strategy PFF is implementing. Worth a quick read as it spells out issue size and liquidity minimums for inclusion in the new index. A number of preferreds we all invest in will avoid the new index and subsequent disruptions as they do not qualify. I consider that a positive!

And if some SI participants have nothing to do this weekend, you can go to the iShares website for PFF and download to Excel their entire holdings list. I did so for the past 3 months, and you can see the all the changes being made. What a mess.

Agree 100% with Gridbird. Trying to create and follow an index based on such a small segment of the securities markets is a fools errand. Think of the all-in trading costs. And paying 46 bps for a 5 yr annualized return of 4.39%? Forget it!

Dur Ace
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News