This is a straight preferred share from a highly-regarded utility.
Income Investor
Sorry, you do not have access to this content.Earlier this year, when rates were trending down, we saw a jump in the price to a high of $25.07 in August. Recently, with the election of Donald Trump and growing expectations that the Federal Reserve Board will raise rates in December, we've seen a pullback to the current level. - Gordon Pape
Current Advice
Buy
Consult your broker/advisor
Capital Gain/Loss
-9.0%