Guest Post: Brighthouse Preferreds: 10.5% Yield From An Investment Grade Issuer
Summary
Brighthouse Financial (BHF) preferreds yield ~10.5%, driven by unfounded delisting fears post-private equity acquisition.
The official merger proposal confirms BHF preferreds will remain listed on NASDAQ under current symbols after the Aquarian acquisition.
Current BHF preferred yields more than compensate for even a worst-case delisting scenario, …
