Aug. 11 at 6:47 PM
$RITM $AGNC Buying into some RITM.PRE and AGNCZ here as they both appear to have a seller. Stripped yields over 9% with 199A tax qualified discount in a taxable account.
Both parent companies have lots of free cash flow without issue, and those preferreds are "money good" any way you slice them. This is in the fixed income basket, not speculation.
