DEAR MR. BERKO: In May 2013, I bought 1,000 shares of First Trust Intermediate Duration Preferred & Income Fund at $25, which were supposed to pay me 15.2 cents a month, or a 7.3 percent annual yield. The symbol is ...Read More »
DEAR MR. BERKO: My neighbor subscribes to The Value Line Investment Survey, which recommended the stock of Frontier Communications, which yields 7.5 percent, and Annaly Capital Management, which yields 11 percent. He gave me copies of Value Line’s write-ups on ...
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