FFC News and Press, Flaherty & Crumrine Preferred Securities Income Fund Incorporated From 08/11/21

During July, global consensus earnings estimates have re-accelerated to the upside, representing another bullish impulse in the tug of war between high valuations on the one hand and strong profits momentum on the other. Despite market worries of a loss of momentum in the near term, t...

For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. But with index investing, there's no escape from a roller coaster ride. Early last year, we introduced the concept of the Near-Perfect Portfolio (NPP). Since that time, the market has made ...

FFC is back in the portfolio as the opportunity presented itself as a swap from FLC. The fund currently trades at a premium, but this isn't unusual for these preferred funds. In the preferred fund space, Flaherty & Crumrine continually comes out on top as they offer a solid li...

A total of 6 funds added this month means it was a more active month of buying than the prior. Two of the funds, however, came as a result of swapping one for another for different opportunities. 4 funds make a new addition to my portfolio (EVG, GLQ, GLV and FFC), though FFC I've ...

In spite of the pandemic-induced crisis and correction last year and other challenges, the stock market has made a remarkable recovery, and a new bull market is clearly evident. Obviously, the big question is, where does it go from here, and is it a good time to invest? If you are...

CEF mergers have been running at a fast clip over the past year, likely in response to growing fund expenses as a proportion of portfolio yields. Combined with high premium valuations as well as a divergence in valuations, mergers present a risk for CEF shareholders due to the potenti...

When we last examined Flaherty & Crumrine Preferred and Income Securities, we highlighted the risk of paying such a high premium. The fund has, as expected, underperformed. We go over what comes next for this one. For further details see: FFC: Still Priced For Signif...

The preferred closed-end fund space seems expensive, PTA looks to be a value in the space. It has performed well against its peers, so a discount doesn't necessarily seem warranted if the fund traded around its peers' average. The yield for the fund is on the lower end, but due to...

Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (FFC) declares $0.1265/share monthly dividend, -1.9% decrease from prior dividend of $0.1290.Forward yield 6.43%Payable May 28; for shareholders of record May 21; ex-div May 20.Payable June 30; for shareholders of recor...

CEFs remain popular holdings for income investors due to their wide mandates and high distribution rates. We discuss why, in this market environment, it makes sense for income investors to diversify their exposure into individual senior securities as well as open-end funds. In par...