FFC News and Press, Flaherty & Crumrine Preferred Securities Income Fund Incorporated From 06/04/22

We review CEF market valuation and performance through the fourth week of May and highlight recent market action. The CEF space had a V-shaped bounce this week, recovering most of the previous losses for the month. Reversing their previous underperformance, Munis did well. We take...

Being financially independent is a prerequisite for retirees, but can be a great stress reducer for younger folks who are several years away from retirement. We will go over our strategy as to how a diversified income portfolio with an in-built hedging mechanism with low volatility co...

Everyone loves a regular distribution but nobody loves a cut, however small it may be. These cuts were extremely easy to predict considering the avalanche of challenges for PFO and PFD. Both funds are now at a discount, and this improves their forward prospects. For further ...

We had another down week nearly across all asset classes with the markets shedding nearly 3% and the Nasdaq nearly 4%. Fixed income was also down. Nothing worked. Yields were up again with the 10-year touching 2.95% on the week but finishing at 2.90%. Oil was down $5 to $101/bl and th...

Warren Buffett's years of investing experience teach us how to combat inflation and rising rates. We apply the Buffett technique to find attractive businesses positively affected by the current environment. Two big dividends with yields of over 7%. For further details see: ...

With index investing, there's no escape from a roller coaster ride. For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. Retirees and conservative investors need income, growth to meet inflation, and most importantly, conservation of capital ...

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...

Being financially independent is a must for retirees but can be desirable even for folks who are much younger and are several years away from retirement. We will go over our thesis as to how a diversified income portfolio with an in-built hedging mechanism with low volatility could ma...

HPI is the John Hancock Preferred Income Fund, a CEF that invests mainly in convertible preferred securities, and investment grade fixed-income securities. FFC is the Flaherty & Crumrine Preferred Securities Income Fund, a CEF that invests mainly in investment grade preferred secu...

With the press bleating about the yield curve inverting (again!) and scaring everyone with recession talk, we dividend (and particularly closed-end fund!) investors need to talk strategy. I’ll drop a ticker that’s perfectly suited for these weird times in a second. First, ...