One issue, every Sunday.
One email a week, built from the week's last close. It carries eight blocks of data on preferred stocks, baby bonds, business development companies and covered-call ETFs. The blocks cover rates, the mover of the week, price movers and a table by asset class. Then the week's alerts and new listings, the covered-call ETFs whose headline yield runs furthest ahead of what they paid, and the discount pool. Each block links to the page that holds its data. It is free.
One issue, every Sunday.
Eight blocks of data, one chart, no commentary. Rates, the week's movers, listings and filings across preferred stocks, BDCs and covered-call ETFs.
Free · Sundays · unsubscribe at any time · addresses are never shared
What's inside
Eight blocksThe week in rates
The 10-year and 2-year Treasury yields, SOFR and the spread over the 10-year, each with the week's change. Then the average yield across all covered issues and the number of preferreds below par.
Mover of the week
The security with the largest weekly price move, up or down, that clears the quality bar. Shown with the move, current yield, price against par or NAV, coupon, coverage and the score measure that moved.
Price movers
The three biggest gainers and the three biggest decliners among preferred stocks for the week, each with the price change and current yield.
By asset class
For each of the four asset classes: issues covered, average yield, median price against par or NAV, how many trade below it, and the week's change in yield.
Key alerts
The week's new listings, redemption notices, call windows opening and insider filings, each linked to its filing where there is one.
New issues
Preferred and baby bond listings from the week, with coupon, par and first call date.
Headline yield against paid yield
The five covered-call ETFs with the widest gap between the advertised distribution rate and what they paid over the past twelve months, with the return-of-capital share and its source.
Discount pool and Average IQS Beta
How many issues scored 7 or higher trade below par, shown as a 12-week trend with the week's change. Also the average Income Quality Score across all covered issues, with the change from the prior week.
How each issue is produced
Every SundayA draft is assembled early on Sunday from the week's last close. Every figure comes from the same tables the app shows. An editor reviews the draft, switches off any block with nothing to report, adds a line where one is needed and approves the send. Nothing goes out without that approval. Every figure carries its as-of date. The email states that it reports data and is not investment advice. Members find the same issue in the Inbox inside the app. Unsubscribe at any time from the footer or from Settings.