DFP News and Press, Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. From 04/19/22

When we last covered the Flaherty & Crumrine funds, we provided a free lunch. It was a simple but brilliant call that saved a lot of money. But are we ready to stick out our necks to buy any of these today? For further details see: DFP, PFD And FLC: Did You Enjoy You...

Recent market volatility has opened up discount valuation divergences between very similar CEFs. This offers income investors an opportunity to pick up additional yield, adopt a more defensive stance and generate alpha in their portfolios. We highlight a number of switches in the ...

Bond vigilantes seem to be at it again, driving bond yields higher. The Fed is taking a dovish path, but the market is worried. Some battles are worth jumping into, is this one? For further details see: Bonds Are Getting Crushed, I Am Loading Up On Fat Yields Up To 11% ...

PFO spends a lot of time trading at a premium to its NAV; however, shares have fallen to a discount with the latest volatility. This seems an attractive time to invest in the fund if you are a longer-term investor. The main risk continues to be interest rate uncertainty in the fut...

I’m about to reveal my very best strategy for pocketing 20%+ upside (and 7.8%+ dividends) from high-yielding closed-end funds (CEFs) . It’s a “rinse and repeat” move that can help you grab the biggest gains from these potent income investments, lock in th...

We review CEF market valuation and performance through the second week of February and highlight recent market action. It was another down week for the CEF market with about a quarter of sectors now at double-digit losses for the year. We discuss how CEF sector tilts can drive fun...

We review CEF market valuation and performance through the first week of February and highlight recent market action. CEFs started the week on a strong foot however performance petered out quickly and discounts finished flat while the average sector saw a small rise in the NAV. We...

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are EHI, DSL and BGH. For further details see: The 'High-High-Low' Closed-End Fund Repor...

Flaherty & Crumrine is an outfit that has produced some exceptional funds. We have covered two of their funds previously and now we look at a third. We also provide free lunch. For further details see: DFP, PFD And FFC: Where Is My Free Lunch?

Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is mirroring the broader CEF spaces actions. PTA comes up as the best value, though F...