SoCal Edison preferreds move up; Voya Financial heads lower; National Retail improves

By James McCandless

San Antonio, June 14 – The preferred market finished the Friday session on a positive trend.

At the top of secondary activity, Southern California Edison, a subsidiary of Edison International, saw its 5% cumulative trust preferred securities move upward.

The preferreds (NYSE: SCEPrL) gained 9 cents to close at $20.61 on volume of about 438,000 shares.

Employee benefits company Voya Financial, Inc.’s new 5.35% series B fixed-rate reset non-cumulative preferreds ended lower.

The preferreds, trading under the temporary symbol “VOYXL,” were off 1 cent to close at $25.29 with about 364,000 shares trading.

On Thursday, the preferreds shot up 23 cents.

Real estate investment trust National Retail Properties, Inc.’s 5.2% series F cumulative redeemable preferred stock improved.

The preferreds (NYSE: NNNPrF) jumped up 20 cents to close at $25.20 on volume of about 321,000 shares.

Sector peer Digital Realty Trust, Inc.’s 5.875% series G cumulative redeemable preferreds ended on the positive side.

The preferreds (NYSE: DLRPrG) added 1 cent to close at $25.19 with about 253,000 shares trading.

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