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.
Strategies & Market Trends : Retirement - Now what? -- Ignore unavailable to you. Want to Upgrade?

To: geesgen who wrote (78)1/20/2005 3:23:08 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 288
 
I'm using CHY which is a corporate conv. bond fund.
etfconnect.com

Please note that it's mostly BBB rated bonds or less. However the yield is pretty nice at over 8% right now. Assuming interest rates move against bond funds, it should drop in share price but improve in effective yield.

This fund also responds to good and bad stock markets. Good markets and rising corporate profits seem to make this fund rise no matter what's going on at the FED. I think the conversion feature and the improvement in rating of the bonds as profits rise is what is the driving force.

I can't find any closed end funds that are only preferred yet. I'll look in BARRONS next time I'm at the library.

Best regards, Tom



To: geesgen who wrote (78)1/20/2005 4:30:44 PM
From: Dale Baker  Respond to of 288
 
I have held preferreds for NFI and FMT in the past year; DFT is the preferred for Downey Financial and PFX is another; Chevy Chase Property has one too.

I don't "recommend" any preferreds per se but if I was building an income portfolio again I would start with those.

I believe that www.quantumonline.com has a pretty comprehensive list of convertibles and preferreds with their yields and Moodys ratings.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News