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After the relatively severe beatdown of last week we are looking to execute a couple items this week.  1st off we are looking to dump 1 BDC issue (which we do not know yet).  Simply put BDC's have performed poorly over the last 6 months--although tossing off high yields which softens the blow.  We hope to get through some BDC…

The selloff in stocks continues as it appears no one wants to own energy related assets or any stock that is highly sensitive to a slowing global economy (what isn't?). Certainly a bunch of the selling is asset managers wanting to 'pretty up the books' for the year end close, but we believe much more of it is a questioning…

Wells Fargo Real Estate Investment Corp (a division of Wells Fargo and a REIT) has sold a cumulative preferred issue with a coupon of 6.375%.  This is a quality issue for those that want investment grade.We will add this to the 2013/2014 Investment Grade Income Portfolio model since there is cash in the model from redemptions and we have awaited…

Date Issued  12/4/2014Shares Issued  9,600,000      Overallotment Shares   1,400,000S&P Rating   BBB+   Moodys Rating   NRSecurity Ticker Symbol   WFE-A    OTC Temp Ticker   WFEPAMarket Traded ON   NYSEDividend Payment Paid on the last day of March, June, September and December beginning on 03/31/2015Quarterly Dividend   .398   Annual Dividend   1.594Securities may be redeemed, at the issuers option, as early as…

Thanks to all who wished me well over the last couple of days.  I am about back to 90% right now. Just about anytime the grandkids show up and bring their daycare and school germs we pay a price for it.A reader asks who we follow on Seeking Alpha--only 2 really.  Brad Thomas on REIT's and BDC Buzz on BDC's.…