Annaly ' s Floating-Rate Preferred Hits New High, But Is It Right For You?

Annaly Capital Management Inc. (NYSE: NLY) is one of the major mortgage real estate investment trusts (REITs), but it’s the company’s floating-rate preferred shares (NYSE: NLY-PF) that seem to be attracting investors’ attention. These bondlike instruments make regular payments based on a yield…
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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