Flaherty & Crumrine Preferred Income Stock News

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

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

Everyone loves a regular distribution but nobody loves a cut, however small it may be. These cuts were extremely easy to predict considering the avalanche of challenges for PFO and PFD.

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.

Flaherty & Crumrine is an outfit that has produced some exceptional funds. We have covered two of their funds previously and now we look at a third.

PCEF: A Failed Rebalancing Trade

Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is m

We review CEF market valuation and performance through the second week of December and highlight recent market action.

5 Closed-End Funds Bought In November

Time To Swap Finally To Flaherty Preferreds And Capture Relative Value?

PFD: How To Lose 4 Years Of Distributions In 6 Months

A recovery in credit spreads and a drop in Treasury yields have buoyed the prices of preferred stocks and sector CEF NAVs. This has allowed preferred CEFs to increase borrowings this year which drives

FLC: Distribution Secure For Another Quarter, A Relative Value

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

Flaherty&Crumrine Preferred Income Fund: Halfway There