Preferred D series. Redeemable starting in October. Pretty sure this won't get called. One of their perpetuals. Probably trades below its call price of $26. Good holding.

Perpetuals that are approaching the purchase price. If rates continue to go up so that yields fall, should they sell? He feels they won't get called. Nice yield that should run for a very long time.

Preferred (SLF.PR.D) 4.45%. Current yield at about 5.64%. Next call is next December at $26. Doesn't think it will be called out but if they did you would have a 27% return from here.

Preferred (PWF.PR.L) 5.1%. Current yield of about 5.69%. Next call is Oct 31/11. If it got called out at $26, you are looking at an almost 20% return but he doesn't think it will get called out.

(TRUCS) 4.87% maturing Dec 29/2049. Callable at the end of 2015. Expects the call to be exercised and would have to pay you 19.5 basis points over Government of Canada bond.

(A Top Pick Aug 28/09. Up 8.27%.) 6.1% Series AX Bond yielding 5.5%.

(A Top Pick Aug 28/09. Up 8.23%.) 7.25% Series D Bond.