Q: Hi 5i Team,
I have a small position of Emera cumulative redeemable preferred shares class E that trading at about 18.25$/share as per this morning. They had 4.5% per annum dividend payment so they have a 6.1% yield at current price.
I would like suggestions to diversify that part of my portfolio. (It's not a big weight in my portfolio but I would like some diversifcations options... Options could be other companies preferred, bonds, bonds ETF etc. since they are basically having similar behaviors in the current yield environment.
Thank you, Michel C
I have a small position of Emera cumulative redeemable preferred shares class E that trading at about 18.25$/share as per this morning. They had 4.5% per annum dividend payment so they have a 6.1% yield at current price.
I would like suggestions to diversify that part of my portfolio. (It's not a big weight in my portfolio but I would like some diversifcations options... Options could be other companies preferred, bonds, bonds ETF etc. since they are basically having similar behaviors in the current yield environment.
Thank you, Michel C
