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Below you will find our listing of Real Estate Closed End Funds (CEF's)This list may not be a complete list, but does contain the vast majority of funds that are devoted to owning shares of real estate related companies---in most instances this means owning shares of Real Estate Investment Trusts (REITs).  Note that it is typical for these funds to…

November 21, 2013  10 pm In the 'old' version of our website we had 2 spreadsheets with debt and term preferreds issues that are 13 or less (some just a couple years) from maturity.  Of course the idea is that debt and preferreds that are relatively near maturity do not move nearly as violently as those that either have very…

Callable - see redeemable below. Sometimes used to describe a 'redeemable' issue.Change of Control - If a company is bought or someone purchases a controlling interest many preferred stocks have provisions for holders to redeem their shares (circumstances vary).Contingent Voting - In certain circumstances preferred shareholders receive a vote--typically after dividends have been suspended for some predetermined amount of time.Convertible Preferred Stock - Shares…

Security Ticker Symbol   MHNC Market Traded ON   NYSE Interest Payment Paid on the 1st of March, June, September and December beginning on 03/01/2014 Quarterly Interest   .484  Annual Interest   1.938 Securities may be redeemed, at the issuers option, as early as 12/1/2018 for a redemption price of $25/share plus accrued interest Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they…

 Ticker Symbol           STAYMarket Traded On     NYSEMinimum Quarterly Distribution       Not announcedOffering Price   $20.00Initial Yield   N/ACompany Website  Extended Stay America New REIT Extended Stay American started trading today (11/13/2013) and in a strange performance for a REIT traded up $3.87 from the IPO price of $20.Extended Stay America is the first…