Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
Wow... putting my pref shares and bonds in a worksheet and some really interesting things show up..
I have some with big gains where the yield has come down on the current value to less than I would want.. I will have to look at redeploying that money to a better investment..
As an example, I have SPLP.A with an $11K gain... current yield is 6.47%... for some reason Vanguard has it at 9.57%.... wonder if that is YTM...
I havent dont the math, but they may be treating its yield as a bond since it has a maturity date. Of course they could pay out at maturity with common units instead of cash though.