Tommy Hilfiger Preferred

I've had some questions about the pricing of a preferred that some of my clients own specifically Tommy Hilfiger 9% due 2031. Last month it did not show on client statements as being priced. This month it was shown with a price of $21.50 for those accounts at Charles Schwab but it was shown without its symbol.

What is happening is that according to the company and to Charles Schwab this preferred is scheduled to be called in December @ $25.00. Since it has been already called it is not trading under its old symbol anymore. It will pay one more dividend in December and the information I have is that it will be called away on December 3rd again at a price of $25.00. You can also find more information here: http://www.quantumonline.com/search.cfm

*Long Tommy Hilfiger 9% Senior due 12/03/2031 in various client accounts.