Co-author Preferred Stock Trader
Introduction
Very recently we published part one of our two-part series on baby bonds and term preferred stocks from companies with legal leverage limits. While the market has still not fully recovered, we think this is a great space to invest due to the safety and the high yields that still exist, but these opportunities are quickly disappearing.
In part 1, we discussed baby bonds from business development companies (BDCs) which have legal leverage limits of 67%. In this article, part 2, we focus on baby bonds and term preferred stocks