FFC News and Press, Flaherty & Crumrine Preferred Securities Income Fund Incorporated From 02/12/22

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

JPS is a fixed income closed end fund from the Nuveen family. The fund focuses on investment grade preferred shares and contingent capital securities. JPS runs duration and the fund NAV is negatively affected by rising interest rates. For further details see: JPS - Inves...

HPF is a closed-end fund with a collateral pool that contains a mix of preferred shares and corporate bonds. The fund is finally trading flat to NAV after having seen a substantial premium to NAV during 2021. The fund currently has a 7.66% dividend yield and a 61% allocation to pr...

FFC is a closed end fund focusing on bank and insurance preferred shares. FFC has extremely robust long-term returns with a moderate standard deviation. The fund has reverted to a flat premium to NAV on the back of the aggressive Fed tightening environment. For further detai...

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...

This Closed End Fund has underperformed as we anticipated. The two distributions cuts certainly did not help. We look at the current pricing and discuss what we think about its prospects today. For further details see: FFC: Preferred Share Fund Gets Cheaper After Distrib...

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 FPL, JRI and AOD. For further details see: 'High-High-Low' Closed-End Fund Report, N...

Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE:FFC) had declared $0.1265/share monthly dividend, in line with previous. Payable Nov. 30; for shareholders of record Nov. 22; ex-div Nov. 19. See FFC Dividend Scorecard, Yield Chart, & Dividend Growth. ...