Portfolio of Preferred Stocks
A preferred stock trades like a stock but offers income like a bond. Preferreds are attractive because their yields are usually higher than corporate bonds of similar credit ratings. Like bonds, preferred stocks usually trade in a narrow price range, but they can experience significant prices declines.
You can find information about specific preferred stocks at QuatumOnline, a free site. Or check with your broker.
In addition to individual preferred stocks, you can invest in closed-end funds and exchange-traded fund that feature preferred stocks.
Here is a sample of 7 preferred stocks.
|7 Preferred Stocks|
Stock Returns & Price Chart
Recent Prices &
|Fortress Biotech 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock||FBIOP|
|GCI Liberty Series A Cumulative Redeemable Preferred Stock||GLIBP|
|Golar LNG Partners LP 8.75% CUM PFD A||GMLPP|
|Landmark Infrastructure Partners LP 8.00% Series A Cumulative Redeemable Perpetual Preferred Units||LMRKP|
|Mitcham Industries Series A Preferred Stock||MINDP|
|MTBC 11% Series A Cumulative Redeemable Perpetual Preferred Stock||MTBCP|
|Stanley Black & Decker Inc Units Cumulative Convertible Preferred Shares Series C||SWP|
|Price chart from Quandl as of most recent close.|
To inspect the performance of the Preferred Stocks portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Quandl.The 4 stocks included in the portfolio computations are: GMLPP, LMRKP, MINDP and MTBCP. The current value of the portfolio assumes that $2,500.00 was invested (total of $10,000) in each stock at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends. The 3 stocks excluded from the portfolio computations because of insufficient price data are: FBIOP, GLIBP and SWP.
The current value of a $10,000 investment is $11,043. The percent return is 10.43%. The annualized return is 4.05%.
|Return Summary for Preferred Stocks|
|Current Value of Investment||$11,042.65|
|# Monthly Prices||31|
|Number Profitable Returns||376|
|Percent Profitable Returns||80.86%|
|Number Unprofitable Returns||89|
|Percent Unprofitable Returns||19.14%|
|Profitable to Unprofitable Returns Ratio||4.22|
|Use Stock Return Calculator to compute returns for individual stocks.|
NOTE: The stocks included in the tables and chart are representative of the industry. They are not recommendations.
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