Author Archives: Paul Meehan

As those who have followed our investing approach know, preferred stocks have been mainstays of our income portfolios for many years.  In today’s environment of low interest rates, including a yield of 2% on the 10-Year Treasury, the much higher yields offered by preferred stocks are particularly attractive.
Fidelity recently published a detailed review of the [...]

At Edgemoor Investment Advisors, we look broadly across various asset classes to find opportunities to invest for income.  Most financial advisory firms limit their income investments to Treasurys and corporate bonds.  While these have been an important component of our portfolios recently, the more consistent mainstays of our income strategy [...]