NYSE:FLC
Flaherty & Crumrine Total Return Fund Stock News
$15.20
+0.220 (+1.47%)
At Close: May 03, 2024
FLC: Deep Discount And Better Outlook Lead To Opportunity
05:28am, Friday, 23'rd Feb 2024
Flaherty & Crumrine Total Return Fund has been negatively impacted by Fed rate hikes, causing borrowing costs to explode higher, while their portfolio was also hit by higher rates. FLC recently raised
5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)
12:47am, Friday, 16'th Feb 2024
5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)
CEF Weekly Review: Take Care With Total NAV Returns
11:00am, Saturday, 03'rd Feb 2024
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Invest
FLC: This Fund May Not Be Able To Sustain Its Recent Gains (Rating Downgrade)
01:10pm, Wednesday, 10'th Jan 2024
Flaherty & Crumrine Total Return Fund has suffered from multiple distribution cuts, resulting in a low forward yield of 6.81%. The FLC closed-end fund's share price has increased by 9.53% since the la
FLC: Higher Rates Continue To Pressure Preferreds But Discount Offers Potential
12:37pm, Thursday, 19'th Oct 2023
Flaherty & Crumrine Total Return Fund has continued to face significant pressure from rising rates. FLC's share price has also been significantly impacted due to the fund's discount widening dramatica
FLC: High-Risk, High-Reward Yield Play With This Preferred Stock CEF
05:34am, Wednesday, 27'th Sep 2023
The Flaherty & Crumrine Total Return Fund is a fixed-income fund that primarily invests in preferred stock. The fund has experienced disappointing performance due to rising interest rates, but its hig
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
03:47pm, Friday, 01'st Sep 2023
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona
The Chemist's Quality Closed-End Fund Report, August 2023
10:03am, Wednesday, 30'th Aug 2023
Quantitative screens narrow down attractive closed-end funds for further investigation. "Quality" report focuses on funds with >100% distribution coverage to lower the risk of distribution cuts. Top l
PFD Vs. FLC: Outlook For Preferred CEFs
05:23am, Sunday, 28'th May 2023
We had suggested a trade for these two preferred CEFs from Flaherty and Crumrine. We examine where that stands today and update that recommendation.
FLC: Regional Banking Crisis Exerts More Downward Pressure
04:54am, Tuesday, 09'th May 2023
Flaherty & Crumrine Total Return Fund is a fixed income closed-end fund. The CEF focuses on financials preferred equity, and is down roughly -10% year to date, while the unleveraged fund PFF is flat o
CEF Weekly Review: 'Best-Of-Breed' Designation Is Usually An Admission Of Ignorance
03:59am, Saturday, 06'th May 2023
We review CEF market valuation and performance through the last week of April and highlight recent market action. CEFs had a strong week to claw back some losses and finish April broadly flat.
Preferreds Opportunity: Assessing The Carnage, What's Been Thrown Out With The Bathwater
08:47am, Wednesday, 19'th Apr 2023
Preferreds Opportunity: Assessing The Carnage, What's Been Thrown Out With The Bathwater
Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire
03:54pm, Tuesday, 11'th Apr 2023
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr
FLC: Valuation Looking Attractive
03:30pm, Friday, 10'th Feb 2023
FLC has begun to trade at a discount, which this fund has rarely done since the GFC. With the pace of interest rate increases expected to slow, most of the damage we experienced in 2022 should be done
Battle Of The Preferred CEFs: Sell PFD, Buy FLC
03:11pm, Tuesday, 27'th Dec 2022
Flaherty & Crumrine family has delivered strong risk adjusted returns for preferred shares. We examine two of their funds today and see where they stand relative to each other.