Baby Bond “GAINN” & Preferred Stock “GAINL” Update
Summary
GAINN and GAINL are considered lower risk for many reasons including asset quality and higher coverage ratios as shown below in the updated projections for GAIN.
GAINN and GAINL have higher trading volumes and are less likely to be redeemed/called.
GAIN is currently yielding 6.6% (with supplementals) compared to GAINL effective yield of 6.2% and a …