Skip to main content
No. of Recommendations: 0
Thanks for all the thoughts.

I'm having a hard time finding another pfd to switch into that makes sense to me. Too, I guess I got spoiled by having bought a potload of these 12-24 months ago at mouth-watering discounts and sky-high yields. ;-) Guess I need to get realistic about expectations.

I'm finding once again that it's largely a matter of swapping capgain (discount) with dividends (yield). Although FBF-M --> CFC-B would pick up $.25 dividend and $.63 in discount. The only one so far I'd found that would pick up both, usually one is up and the other is down. Guess that means the market is pretty efficient.
Stirring the pot to merely shuffle things around -- except for giving the broker 2 commissions -- doesn't seem like a good tactic.

Good comment about the accrued dividend for FBF-M, I hadn't thought of it that way----still not used to thinking of things the bond way. Will take another close look at things next week when it goex ex-div.

Alas, what with all the rolled-over capital losses I'm carrying, capgains isn't much of an issue for me.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.