Fannie Mae Preferred S (FNMAS)

[CatBirdSeat]

That's what I recently started for my almost 6 year old daughter. I'm just buying the cheapest $50 preferred I might see for the day, when I buy. The bulk of her college savings is in a 529, but what the heck, I have plenty of time on my hand to put a little aside into GSE preferred in a Coverdell ESA.