Preferred stock represents ownership in a company, with the added benefit of having priority claim to the company's dividends. They offer a stable, fixed rate of return and usually trade in the open market.
To learn more about Preferred Issues speak to an Investment Specialist at:
800 225 6196
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*Not all products are suitable to all investors. Any investment includes associated risks. The following is designed to introduce you to a range of possible products. It is not an offer of sale, nor a guarantee of performance. Consider your financial profile, risk tolerance, and investment objectives carefully prior to selecting any investment. Please contact us for additonal information regarding these products.
Here are some recent New Issue Offers:
Preferred Stock Offerings
Wachovia Bank 7 1/2 % CV preferred @ $25 per share
12/31/49 Maturity
A2/A rated
Non Callable
NYSE Listed
HSBC Holdings 8 1/8% preferred @ $25 per share
Perpetual Maturity
A1/A rated
Callable 04/15/13 @$25 per share
NYSE Listed
Barclays Bank 8 1/8% preferred @ $25 per share
Perpetual (no maturity)
Aa3/A+ rated
Callable 06/15/13 @$25 per share
NYSE Listed
