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Between 4/16 and 5/18 I purchased preferreds to raise my holdings from 2% as of 12/31 to 5.5%.Average yield was 5.95% (yes the April purchases were a bit early).Now these are UP an average of 6.36% and average yield is ONLY 5.60%.Running my numbers for O I see 9 and 11 years to O income exceeding fixed income. Was 11 and 14 just a few days ago (5/15).I guess I'm done purchasing preferreds until yields rise again.Not quite ready to sell and move to DGR.JohnPrior post on buying preferreds.https://boards.fool.com/one-of-my-gages-of-buying-fixed-inco...
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