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Investment Q&A

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Canadian Imperial Bank Of Commerce Non-Cumulative Rate Reset Class A Preferred Shares Series 47 (NVCC) (CM.PR.S)
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Q: I own the above CIBC pref shares - what is the outlook- how/when will these be
redeemed by CIBC and at what value? They are trading at less than half face value- are they not guaranteed by CIBC

Read Answer Asked by Scott on March 21, 2020

Canadian Imperial Bank Of Commerce Non-Cumulative Rate Reset Class A Preferred Shares Series 47 (NVCC) (CM.PR.S)
- View CM.PR.S Profile
- View Questions on CM.PR.S

Q: I was surprised discover the high yield (~6.4%) on bank pref.
What might be the negatives for part of an income portfolio?
Thanks

Read Answer Asked by David on December 11, 2019

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