Just curious, in the last year we had the lowest pricing on preferred shares in a long time. What percentage of your portfolio of preferred shares do you figure you have purchased in the last 365 days?
Ha! We walk different paths enroute to the same destination. I traded fnf preferreds for many years. I usually do not hold my jps for more than 3-4 months except one time period I held for 2 years. The past 5-6 years is more so swapping between fan and fre to increase RV...good luck to you.