Alternatively, you could take a look at PFF

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回答: Just checked it out.aloevera2024-09-20 11:44:13

It is a preferred stock ETF with no leverage with 6.21% yield. (PFFA, its sister ETF has leverage but yield 9%)

Preferred stock should be safer than muni, especially in rate cutting cycle. However, I did not mention this first time as the time to buy them is 6 months ago, in anticipation of the rate cut. Right now, it's share price has gone up some already

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Thanks for all the info. Greatly appreciate it! -aloevera- 給 aloevera 發送悄悄話 (0 bytes) () 09/20/2024 postreply 14:11:37

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