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Buy PFO
$9.13
+0.0100 (+0.110%)
At Close: Jun 03, 2026
What Recent CEF Distribution Cuts Mean, And Why I'm Not Concerned
03:58am, Wednesday, 09'th Jul 2025
Diversification across bonds, senior loans, and CLOs is key to managing interest rate and credit risks in fixed-income portfolios. Market timing is extremely difficult; a balanced mix of fixed and flo
PFO: High U.S. Exposure And Low Yield Relative To Peers
01:31am, Sunday, 18'th May 2025
PFO's yield and long-term total returns lag peers, offering little compensation for its higher leverage and risk profile. The fund's recent outperformance is likely due to its lower distribution, whic
PFD, PFO, FFC, FLC and DFP Announce Dividends for May, June and July
05:07pm, Wednesday, 16'th Apr 2025
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
PFO: Preferred Exposure At An Attractive Discount
11:21am, Monday, 03'rd Mar 2025
Flaherty & Crumrine Preferred Income Opportunity Fund trades at an attractive discount, benefiting from a more stable rate environment and benefiting from rate cuts. The fund's distribution yield is 6
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
07:32am, Saturday, 15'th Feb 2025
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity an
PFO: No Real Advantages Over Peers
10:51am, Tuesday, 04'th Feb 2025
The Flaherty & Crumrine Preferred Income Opportunity Fund offers a 6.62% yield, but it underperforms compared to its peers in both yield and total return. Despite recent gains, the fund's long-term pe
SPE And PFO: Two 'Buy' Opportunities Based On Attractive Discounts
12:13am, Tuesday, 21'st Jan 2025
Closed-end fund discounts/premiums, due to their structure, allow for potential opportunities to capitalize on mean reversion. CEFs also offer relatively higher distribution yields as they leverage th
Preferred Income CEFs: Five From Flaherty & Crumrine; Which One Is Best?
08:09pm, Monday, 30'th Dec 2024
Preferred securities have shown strong performance in 2024, offering high yields and potential tax advantages, making them attractive for income-focused investors. Flaherty & Crumrine's CEFs, particul
PFD, PFO, FFC, FLC and DFP Announce Special Year-End Distributions and December and January Dividends
05:08pm, Wednesday, 11'th Dec 2024
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
PFO: Discount Narrows, But Changing Environment Continues To Make Fund Attractive
11:41am, Friday, 25'th Oct 2024
The Flaherty & Crumrine Preferred Income Opportunity Fund provides exposure to preferred and income securities. PFO has seen its discount narrow dramatically since our last update, but with a changing
Preferred CEFs Are On Fire: PFO's Big 1-Year Return, 8% Discount
09:15am, Friday, 18'th Oct 2024
The Flaherty & Crumrine Preferred and Income Opportunity Fund has delivered a big return over the past year, outperforming the S&P 500. PFO's portfolio is heavily weighted in financial services, with
PFD, PFO, FFC, FLC and DFP Announce November Dividends
05:22pm, Thursday, 17'th Oct 2024
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
Ideas For Managing CEF Discount Volatility
11:19am, Wednesday, 18'th Sep 2024
Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make
Gauging Distribution Winners And Losers In The Next Rate Cycle
10:20am, Thursday, 12'th Sep 2024
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as val
CEF Weekly Review: Neuberger Berman Doesn't Want To Be Left Out
12:41pm, Sunday, 04'th Aug 2024
We review CEF market valuation and performance through the fourth week of July and highlight recent market action. The week was mixed for CEFs with a high level of volatility. Neuberger Berman hikes M
