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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: rllee who wrote (35449)	9/25/2009 1:52:15 PM
From: Grommit	Respond to of 78751

I don't see it as anywhere near as safe as CLP pref at the same yield.

To: rllee who wrote (35449)	9/25/2009 5:59:41 PM
From: MCsweet	Read Replies (1) \| Respond to of 78751

F-A, The DKL trust preferred yields more at 11% and matures sooner. I think it has equal rights to the F-A notes, but you might double check the prospectuses. I haven't the guts to buy them at these and much higher yield levels. I'd love for somebody to talk me into it. I'd be perfectly content with 11%+ returns for the next 22 years. I'd especially be content with that the next year or so. The market is offering slim pickings in my view (though I remain invested, because I have no ability to time the market). MC