aazpb, page-4

Liquidity risk meaning they trade lower or you need to chase lower to get out = trading risk. I have bought for a long term hold and am seriously happy if they trade in perpetuity. When RBA starts cutting interest rates into the world slow down AAZPB will in "relative" percentage terms return an ever higher yield premium to cash management alternatives. This IMHO will steadily draw investers back as they;

- become comfortable with the decreasing ALZ insolvency risk
- chase higher yields that aren't "growth" related as low growth becomes indemic and bank cash rates drop
- chase higher yields where the earnings aren't at risk from margin compression during highly competitive downturn trading conditions
-start looking forward to AAZPB redemption as ALZ balance sheet strengthens from capital recycling and profit retention while credit becomes more freely available and increasingly cheaper than carrying the hybrids.

Could you please post any other high yielding investments with comparable "risk-reward" parameters that you're aware of thanks. I am still looking to build and diversify my passive income portfolio

cheers