PFD News and Press, Flaherty & Crumrine Preferred Income Fund Incorporated From 12/09/22

Flaherty&Crumrine Preferred Income Fund ( NYSE: PFD ) declares $0.061/share monthly dividend , in line with previous. Forward yield 6.32% Payable Dec. 30; for shareholders of record Dec. 22; ex-div Dec. 21. Payable Jan. 31; for shareholders of record Jan. 24; ex-di...

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

Summary We review CEF market valuation and performance through the last week of September and highlight recent market action. September was the worst month for CEFs since March of 2020, with a double-digit drop for the broader CEF space. We discuss the income dynamics of the F...

Flaherty&Crumrine Preferred Income Fund ( NYSE: PFD ) declares $0.061/share monthly dividend, -10.3% decrease from prior dividend of $0.068. Forward yield 6.94% Payable Oct. 31; for shareholders of record Oct. 24; ex-div Oct. 21. See PFD Dividend Scorecar...

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC) ...

Summary DFP and the rest of the Flaherty & Crumrine group of funds are leveraged preferred funds. While higher rates can lead to higher yields, higher leverage expenses are felt first. Higher expenses have resulted in the distributions coming down for DFP and its sister fu...

Summary Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, WIW, and DHF. Author’s note: This article was released to CEF/ETF Income Laboratory members on August 19th, 2022. Pleas...

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

Flaherty & Crumrine Preferred and Income Securities Fund Incorporated and Flaherty & Crumrine/Claymore Total Return Fund are among the best in the fixed income space. We update our macro outlook on preferred shares. We also dive into these two to see if we have a relativel...

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC) ...