JCPNQ - Not So Common Fixed Income Preview
Introduction
This month, we have already looked at the main groups of fixed income securities: the fixed rate preferred stocks, the fixed-to-floating preferred stocks and units, and all baby bonds into three separate articles. In our fourth monthly article, I review the less popular fixed income securities, sorted into several categories: floating rate preferred stocks, third parties, trust preferred stocks, and the preferred units, including those with a K-1. This makes a total of 82 securities, 50 of which are part of the largest primary exchange-traded fixed income ETF: the iShares Preferred and Income Securities