RE:ENS cash flow shortcutObscure1,
Your analysis is always a great read and informative. I am a holder of Many of the preferred splits with only a small exposure to Class A. I do hold both ENS pref and Class A .
As interest rates come down I see fixed income looking for yield and the next place to find it with a little more certainty looks like the Preferred market, but nothing is save if a major correction takes place.
Your posts are very informative and teach us here to keep managing risk.