FFC: There Is No Compelling Reason To Buy This Fund Over Other Preferred CEFs
2025-07-12 04:43:46 ET
The Flaherty & Crumrine Preferred Securities Income Fund ( FFC ) is a closed-end fund that is fairly popular with investors who are actively seeking to earn a high level of income off of the assets that they possess in their portfolios. However, this fund only has a 6.82% yield at the current share price, which is not particularly attractive when compared to fixed-income indices. We can see that in this chart:
Index/ETF | Current Yield |
Bloomberg U.S. Aggregate Bond Index ( AGG ) | 3.84% |
Bloomberg High Yield Very Liquid Index ( JNK ) | 6.58% |
Vanguard Total World Bond ETF ( BNDW ) | 4.03% |
ICE Exchange-Listed Preferred and Hybrid Securities Index ( PFF ) | 6.50% |
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FFC: There Is No Compelling Reason To Buy This Fund Over Other Preferred CEFs
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