Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Added AX pref E today

[InvestSmarter]

Not showing on the daily volume. But added a bunch at 15.89-15.92. Pref E roughly $1.80 annually. Thats over 11% at this price. I can bet my britches AX wants to buy those back at that yield. Quarterly payment at the end of this month.

Canada 10YR 3.50%. Spread is insane for investment grade prefs.

[rad10]

  mine was the purchase earlier this week.  So illiquid almost caught napping when the limit bid filled.

[InvestSmarter]

5Y and 10Y almost the same yield. Definitely mispriced. Market will correct itself. Taking advantage of the low liquidity. NCIB should correct us.

[Frankie10]

Bought another 1,000 for my pops today.

[DZtrader]

Well done dude, good on you! Hope you are well. With regards to puss nuts, I think he has lost it completely. He now predicts opposite outcomes so one will be correct then reaps praises on himself for getting it right. Twenty posts of drivel every day and nothing is right until after it happens then claims he was correct. Ultra maroon. Take care dude, travel day tomorrow will check back. Portfolio

[Frankie10]

Thanks for the warm wishes. Yes, I have said for some time - I really like the E's for fixed income (if you're at that stage). Always got to look out for family. He was very happy to hear he will be earning 11%+ lending money to a company I have spent hundreds of hours vetting for him. He paid for my university, which lead to multiple designations being earned and paid for by employers

[DZtrader]

That's just great, family is always number one, I'm sure he is very proud, as he well should be, well done.