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Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?


To: Privately who wrote (51990)9/16/2025 4:53:55 PM
From: Privately7 Recommendations

Recommended By
accountant
apatel1
bodiddley1953
brehm233
FL_Guy

and 2 more members

  Respond to of 52046
 
I picked up more of a few issues today because I got a slug of cash from redemptions.
  • SCE-J. It has been paying 5.7%, but just started floating 9/15/2025 at 3 month LIBOR plus 3.132%. That's over 8%, IIRC (sorry, I don't have my notes because I am on my phone). Trading around $23.6. I expect it will be redeemed fairly soon at $25 (I will happily collect the fat divis until it is). It is So Cal Edison, so some folks may be reluctant to jump in because of the potential for liability for the LA wildfires, but I am not worried about that. The state of CA always protects the utilities.

  • CHSCN. Paying just over 7%. just went ex-div. paid a few cents above $25. Farm economy is under pressure, but I still view CHS as pretty safe.

  • CHSCM. Paying about 6.8%. I bought just below $24.8.

My thinking for the CHS issues is that they are fixed rates (they weaseled out of adopting SOFR) and should do well if interest rates drop.

Not recommendations - just some things to look at in your free time