InvestorsHub Logo
Followers 0
Posts 5082
Boards Moderated 0
Alias Born 08/26/2012

Re: Donotunderstand post# 372054

Monday, 12/19/2016 7:59:48 PM

Monday, December 19, 2016 7:59:48 PM

Post# of 796289
Please see page 5, "Optional Redemption" section. There is a redemption window in 5 year increments, only. This is fairly typical in higher yielding preferred shares and one of the reasons such issues are often chosen by retirees and fixed income investors and funds serving those markets.