If you would like to keep your investment in BAC pfds, you might consider switching to another issue. BAC-I is a regular non-cumulative pfd discounted at 23.46 and yielding 7.04%. It's not a trup so not affected by finreg. The best feature is that this issue isn't callable till 10/2017. The non-cumulative feature is a drawback but if we expect that to come into play for BAC, we shouldn't own any of them.From my point of view, there's no reason to keep FBF-M over par at a yield of 7.17%. That's a fairly conservative yield in the pfd world and easily replaced by something discounted to par and yielding more. Perhaps tax issues would lead you to keep it. But then again, you did say your plan was to sell at this level. I would replace it if held in an IRA. You can view many BAC pfds at the link below..................Xothttps://spreadsheets.google.com/ccc?key=0Ai6nAWjRjzKlcHh3bzN...
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