Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
I havent done the math but I think that is a bit rich as you have to allow for the loss of principal at call. At 25.58 when I bought I jad it at about 7% YTC annualized.Shows callable at $25 plus accrued and unpaid dividend. That additional 34 cents pumps your YTC to 7.3% (XIRR of 7.7%).
I used proceeds from ALLY-A and jumped in at $25.82 for 7.6% return (XIRR of 8.0%). And it's QDI which makes this significantly richer than the return I was getting with ALLY-A.