Prefs @ 3.5% premium to NAV.... Commons at 1.2% discount If my target ownership wasn't already at 100% of my goal, I would be buying here.
The yield on the Prefs is less than half of the yield for the Common shares of ENS. Silly imo given the risk/reward metrics. The Prefs are technically a safer investment but for all intents and purposes, the risk profile of both investments is very similar or perhaps favour the Common shares when you factor in liquidity and the tax treatment.