Co-produced by Stanford Chemist
Flaherty & Crumrine offers several funds in the preferred and fixed-income space. Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) is one such fund that we are holding in our Income Generator portfolio at the CEF/ETF Income Laboratory. We acquired these shares with a trade alert on December 13th, 2019. The opportunity presented itself when F&C Preferred Securities Income Fund (FFC) started trading at a 5% premium, while DFP was at a slight discount of 0.80%. The opportunity still remains even though DFP has now lifted to a small premium