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home / news releases / FLC - HTD: 8.6% Yielding Utility And Preferred Fund For Attractive Income


FLC - HTD: 8.6% Yielding Utility And Preferred Fund For Attractive Income

Written by Nick Ackerman, co-produced by Stanford Chemist

John Hancock Tax-Advantaged Dividend Income Fund (HTD) holds a hybrid blend of utility positions and financials. The financial exposure is primarily through preferred offerings. This makes HTD a rather income-focused play. Though, this year they have struggled along with the utility and financial sectors. Adding in the leverage and we see that HTD has experienced much greater downside.

One thing that caught my attention is when we last covered Flaherty & Crumrine Total Return Fund (FLC) recently, that their preferred positions are doing

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Stock Information

Company Name: Flaherty & Crumrine Total Return Fund Inc
Stock Symbol: FLC
Market: NYSE

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