Earnings
May 20, 2018 - FRU
New! Freehold Royalties Ltd - Q1-2018 Earnings & Price Trend Update .....
May 18, 2018 - ARX
New! Arc Resources Inc. Q1-2018 Earnings & Price Trend Upate .....
May 18, 2018 - EXE
New! Extendicare Inc. - Q1-2018 Earnings & Price Trend Update .....
May 15, 2018 - NFI
NFI Group Inc. Q1-2018 Earnings & Price Trend Update .....
May 14, 2018 - DR
Medical Facilities Corp. Q1-2018 and Price Trend Update .....
May 13, 2018 - ENF
Enbridge Income Fund Holdings Inc. Q1-2018 Earnings & Price Trend Update .....
May 11, 2018 - ENB
Enbridge Inc. Q1-2018 Earnings & Price Trend Update .....
May 10, 2018 - KEY
Keyera Corp - Q1-2018 Earnings & Price Trend Update .....
Recommendation Changes
KWH.UN, ALA, PZA, DRG.UN, MIC(US), more...

Weekly Price Changes Aug 25-Sept 1, 2017

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Central bankers, led by the US have been talking about raising interest rates since early 2014 but only managing to increase rates 3 times by 0.25% on each occasion. More than 3yrs has passed and central bankers are beginning to face a credibility gap about why further interest rate increases are needed.

Trading volumes for preferred share vary by issue and category. The 5 year rate reset group have trading volumes that are 6 times the fixed rate preferred shares. There still a greater expectation central banks will increase interest rates further pushing demand for proctection from higher rates. While the trading volumes for the rate reset shares are much higher, the price increases for each group were approximately equal last week at 0.4%.

Preferred shares are one of the few asset classes still paying reliable income in the 5% range. Depending on which of the 360 issues are selected, there is protection from either rising or declining interest rates with good credit quality available in either case. This week's update focuses on the market dynamics for preferred shares including trading volumes, price changes and the terms associated with each of the preferred share issues. This is to clarify what investors are buying and selling.

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New Issues & Acquisition
May 18, 2018
New! Coverage Universe - Weekly Price Changes May 11-18, 2018
May 17, 2018
New! Intact Financial Corp. 4.9% Rate Reset Preferred Share New Issue
May 17, 2018
New! Emera Inc. 4.9% Minimum Rate Reset Preferred Shares New Issue
May 12, 2018
Coverage Universe - Weekly Price Changes May 4--11, 2018
May 5, 2018
Coverage Universe - Weekly Price Changes Apr 27-May 4, 2018
April 27, 2018
Coverage Universe - Weekly Price Changes Apr 20-27, 2018
April 20, 2018
Coverage Universe - Weekly Price Changes Apr 13-20, 2018
April 13, 2018
Coverage Universe - Weekly Price Changes Apr 6 - Mar 13, 2018