Preferred Stock Newsletters

[persistentone3]

Does anyone know of a newsletter specializing in high yield preferred stocks, focusing on credit quality of sub-par issues?

 

I've noticed that occasionally there will be an issuer of preferred who once or twice every year issues more of the preferred at a steep discount.  Those can be great times to pick up the preferred at a steep discount to par and high yield, as long as you are certain the dip does not represent a pending liquidity crisis.

 

There are many other such situations and it would be great to have an analysts who focuses on that as an income-investing niche.

 

I wouldn't mind finding a newsletter that focuses on high yield bonds as well, but I find the liquidity on bonds for retail investors to just be a joke.  The 10% bid-ask spreads and inconvenient process to set up anything resembling a limit order normally make this an investment to just avoid.