SPLP - Steel Partners: Unusual 'Term Preferred Stock' Offers Maturity Dates With Very High Returns

Co-produced with Preferred Stock Trader

Introduction

We at High Dividend Opportunities are of the belief that we will be in a low to falling interest rate environment for at least a few years or much longer. Therefore, we have been presenting a series of articles on undervalued and relatively safe high-yielding preferred stocks and baby bonds. So far our view is playing out as prices of preferred stocks have risen strongly this year with yields moving lower. It's getting difficult to find relatively safe high-yielding preferred stocks and baby bonds. Today we believe we have