Flaherty & Crumrine Total Return Fund Stock News

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.

PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor

Preferreds Opportunity: Assessing The Carnage, What's Been Thrown Out With The Bathwater

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 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

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.

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.

My last article reviewed the Flaherty & Crumrine Preferred and Income Securities Fund. All five F&C CEFs are down and one suggested strategy was doing a tax-loss swap. While all five funds invest clos

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 dr

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

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 pr

FLC has fallen to a discount as higher rates pressure the preferred holding fund. This fund has rarely traded at a significant discount over the last decade-plus, which could be presenting a buying op

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.

Recent market volatility has opened up discount valuation divergences between very similar CEFs.

PFO: Looking Attractive In Discount Territory