Preferred income funds...safe or just gift wrapped junk bonds?
Groups | Search | About
User Password
Register Now! Lost Password?

Financial Planning - Financial planning in general. (Moderated) 

get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Preferred income funds...safe or just gift wrapped junk bonds? V 03-29-2008
Posted by V on March 29, 2008, 2:01 pm
http://www.nuveen.com/etf/products/fqf.aspx?fundid=JTP

They seem well diversified and the credits are decent quality.

What do you think about preferred income funds...safe or just gift
wrapped junk bonds?

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.


Posted by joetaxpayer on March 29, 2008, 4:25 pm


V wrote:

> http://www.nuveen.com/etf/products/fqf.aspx?fundid=JTP
>
> They seem well diversified and the credits are decent quality.
>
> What do you think about preferred income funds...safe or just gift
> wrapped junk bonds?
>

Risk follows reward. The 10 year treasury yields 3.5%. My bank is
willing to lend me money at 4% secured by a house with low debt to
equity. This fund has a distribution rate of 9.3%, which has to tell you
something.

Joe

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.


Similar ThreadsPosted
preferred stocks February 7, 2009, 8:32 am
Re: Hybrid Preferred Securities March 3, 2007, 9:07 am
cumulative preferred stock of a closed end fund June 11, 2008, 9:10 am
Mutual Funds, Roth IRA, Savings Bonds, TSP, and Annuities... What else can I do? February 5, 2008, 5:46 am
Build America Bonds in corporate bond funds December 10, 2009, 1:51 pm
What banks are safe? July 28, 2008, 4:00 pm
how safe are brokerage cash accnts? October 10, 2008, 5:35 am
SEP vs 401 K safe harbor costs for small company January 4, 2010, 4:57 pm
Annual Gift tax exclusion March 8, 2007, 11:45 am
gift and estate tax exclusions November 5, 2007, 12:11 pm

other essential online resources:
United States Treasury
US Securities and Exchange Commission
New York Stock Exchange
Tokyo Stock Exchange
Accounting and Tax Software Forums
Contact Us | Privacy Policy   XML SitemapXML Sitemap