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REDDIT

Best yield opportunities people are seeing? I'm looking at BAC.PRQ and AGM.PRG

J
Sep 28, 2026 · 22:10

Interest rates are at 20 year highs and continue ticking upwards. In my opinion, the yields for investment grade securities - specifically preferred stocks and bonds - are starting to get interesting. The top two I've identified and am keeping my eye on are:


BAC.PRQ - Bank of America preferred stock currently giving a **6.8% yield at $15.60** a share and potential 60% capital appreciation back up to $25 a share dependent upon interest rates. Bank of America is the 2nd largest bank to JP Morgan and a globally systemically important bank meaning its subject to significant regulatory scrutiny. Essentially, you're locking in a 6.8% yield on a top-tier, well diversified bank with stock appreciation potential depending on interest rates.


AGM.PRG - Federal Agricultural Mortgage Company (Farmer Mac). Lesser known government sponsored/chartered entity that, as it turned out, was more durable than Fannie and Freddie in 2008 as Farmer Mac was not put into conservatorship and has never missed paying dividends on its preferred stock. AGM.PRG is **yielding 7.14% at $16.98** share price with capital appreciation potential of 47% back to its $25 par value depending on interest rates. So, you're essentially locking in a 7.14% yield for a company there is an implied U.S. government guarantee with and with still significant capital appreciation potential. **I think this is the best current deal I've found given yield versus risk-profile**.


Anybody have any strong yield opportunities - stocks or bonds - that they think are particularly interesting?