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Income Issues Trade Near Record Highs

Tim McPartland | July 14, 2014
Prices of virtually all income securities were trading very close to record highs at Fridays close--preferreds and exchange traded debt within just basis points of new highs, REITs at new highs and MLPs a couple percentage points off of a new high number.The 10 year treasury traded down--and as we expressed last week we see no obvious reason why rates…

FX Energy 9.25% Series B Cumulative Convertible Preferred Stock

Tim McPartland | July 10, 2014
Date Issued - 7/10/2014Shares Issued  800,000   Over-allotment Shares  120,000S&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   FXENP   OTC Ticker--none yet announcedMarket Traded ON   NASDAQDividend Payment Paid on the last day of January, April, July and October beginning 10/31/2014Quarterly Dividend   .578   Annual Dividend   2.3125Securities may be redeemed, at the issuers option, as early as 07/17/2017  the call…
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