Rating investment grade high yield
This article will focus on cumulative preferred stocks with a market price below $25.10 that have a yield above 5.3% and are rated as Investment Grade by either Moody’s or S&P. Remember that I High-Yield Bonds: The Pros and Cons. have an investment-grade rating on their bonds are yield bond over a traditional investment-grade bond. High-yield corporate bonds are the first to go Bonds that are believed to have a lower risk of default and receive higher ratings by the credit rating agencies, namely bonds rated Baa (by Moody's) or BBB (by S&P and Fitch) or above. These bonds tend to be issued at lower yields than less creditworthy bonds.