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Preferreds Market Update
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Preferreds Market Update

By Landlord Investor

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Yield Hunting
May 26, 2021
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Preferreds Market Update
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Summary

  • The preferreds market is near 52 week highs and vulnerable to a rate-inspired pullback.

  • In this environment, I favor higher yielding securities with limited duration or ones anchored to par due to call risk.

  • We review GSL-B, SBBA, and AIC.

  • Update on the SESCF exchange offer.

The preferreds market continues to trade near 52 week highs even with the th…

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