Citigroup: Which Preferred Is Better: C-J Or CPRN?

ymgerman Introduction From what I can tell, Citigroup has only three listed "preferreds" still outstanding after calling many of the others since 2000. One is a standard Preferred Stock, the Citigroup Inc. DEP SHS 1/1000 J (C.PR.J). The other is a debenture known as Trust Preferred stock: Citigroup Capital XIII - FXDFR PFS REDEEM 30/10/2040 USD 25 (CPRN). After a brief overview of Citigroup itself, I will compare the two Citigroup listed issues and render my verdict as to the better investment at this point ...