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Fortis Series F Preferreds (TSX: FTS.PR.F)

These are straight preferreds.


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FTS.PR.F Symbol Info by TradingView

Income Investor

The credit rating of Pfd2 (low) is quite strong. These shares have quite logically declined in value after 2021 as interest rates rose sharply. They have now had a strong recovery after bottoming out at $17.62 last October. They will likely offer additional capital gains if interest rates continue to decline. -Shawn Allen

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FTS.PR.F was first recommended here on October 26, 2011