You asked for it! Some are holders, some are flippers, and some were meant to be holders that became flippers, and some I buy and sell over and over in a years time...
AILLM, AILLN, AILIM, CEQP-, CNIGP, FPI-B, HAWLI, IPLDP, NSARO, NYCB-U, PCG-A, PPWLO, PPX, PRIF-D, QRTEP, SBNCM, SCCC, SESCF, SLMNP, TDE, UZA, VNORP, WTREP....
Some thoughts... Rates are drifting higher which typically puts pressure on low yielding IG perpetuals.
Liquid 4% perpetuals are at most risk...
A few ideas... PPX is down to 25.37 (one interest payment above par). Past call You get 5.8% BBB rated subordinated debt... It was issued in 2013 with a 1.9% 10 year and BB+ rating.. Yes it could get called but who cares, milk the cow as long as it goes or flip right before going exAd when it rises...
CEQP-, Noncallable 10.5% preferred. Middling quality but I like this as a high risk bucket play, but I renetered around $7.50 and have a divi in hand too..Its a K-1 though.
QRTEP is around par 8%. QRTEA (QVC) has been doing well. Sweet 2031 maturity date and nice protective covenants. John Malone owns an ass load, too.
SESCF is past first call and 2027 maturity near par. Was going to be redeemed then backed off from Covid. Seaspan is doing fine.
WTREP...WTRE is getting acquired and preferred may or may not stay outstanding. Who cares at $25.32 if you sit on it. Goes exD next month and acquisition isnt complete yet..
I reentered TDE today at $25.09. Your getting 6.8% off BB debt, and it has basically a new twin sister UZE with 5.5% par yield at 25.10. TDS owns USM...