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The last week has seen plenty of news out there that could rile the markets, both stocks and bonds, but all in all income securities are hanging in there. The 10 year treasury yield has moved in a very nice manner--very friendly to preferred stocks--we hope that rate movements remain tame (we don't care if they go up--we just hope…

Abrahim E let us know that we had the wrong 1st call date on the new Wells Fargo Real Estate Preferred shares.  He is correct that we had it wrong on the alphabetical page, but it was correct on the other pages as well as the recap page.  We have corrected the page in error.Stanley thinks that the Entertainment Properties…

Issue Date 6/16/2014Shares Issued  34,000,000  Overallotment Shares  5,100,000S&P Rating   BBB   Moodys Rating   Ba1Security Ticker Symbol   JPM-EMarket Traded ON   NYSEDividend Payment Paid on the 1st of March, June, September and December beginning on 09/01/2014Quarterly Dividend   .394  Annual Dividend   1.575Securities may be redeemed, at the issuers option, as early as 09/01/2019 for a redemption price of $25/share plus accrued dividendsDividend Payment Will…

After a brief respite yesterday REITs got hammered today---off by over 2%.  We had mentioned that down the road REITs would be back (price wise) and they will no doubt jump again--but probably only after they fall a bunch more. The 10 year treasury headed higher today after yesterdays fall on FED baloney.As we survey the REITs we see no reason…

Today provided a bit of a respite to income investors as the 10 year treasury saw its yield drop by 6 basis points--of course this didn't happen until the FOMC released their minutes which promised patience in rate hikes. As has become normal the FED manipulates the markets any chance they get--we have lost any hope that markets will be…