Fannie Mae Preferred S (FNMAS)

[Lake of the Islands]

For a greater return.

Say you take $1,000,000. Roll it into common and then get a 3 bagger.

Now you have $3,000,000.

Take that $3,000,000 roll it into a MLP pay 7% tax free.

You now have $210,000 tax free dividends vs the $1,000,000 @7.75 % giving you a taxable $77,500.