That morningstar is a great site, but it takes a while to learn how to use it. Someday, I might actually sign up for the member service. I am thinking I need to sign up for S&P info. Yesterday, S&P downgraded a bunch of leveraged funds, and some CDO's, but I can't find out which ones. I only own the two muni funds, and they were on a tear. I had to let some of it go like a blind chimp throwing darts.
Of course, you understand the big risk in preferreds is the possibility that Obama's economic policies will create real jobs in the economy, and that interest rates will rise.
OTOH, if he creates real jobs, there might be a chance for BoxShips and DryShips.
Unlikely they will be shipping food stamps or fast food, but we could always hope for a more prolific economic model as time goes forward.
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