$9.13
+0.0100 (+0.110%)
At Close: Jun 03, 2026
Opportunities In Income Securities That Have Lagged The Rally
11:33am, Wednesday, 24'th Jul 2024
Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gl
Current Alpha Opportunities In The CEF Space
05:52am, Friday, 21'st Jun 2024
With market valuations back to expensive levels, we are looking at a number of alpha strategies in the CEF space. These include interval and term funds, relative value as well as leaning against inves
PFO: Deeply Discounted Preferred Exposure
12:57pm, Wednesday, 01'st May 2024
Flaherty & Crumrine Preferred and Income Opportunity Fund (PFO) is currently trading at a historically wide discount and provides exposure to preferred securities. The fund has adjusted its distributi
CEF Weekly Review: Tracking Fund-Of-CEFs Holdings
02:00pm, Saturday, 27'th Apr 2024
We review CEF market valuation and performance through the third week of April and highlight recent market action. Most sectors in the CEF market finished lower, except for MLPs and Utilities which re
Dissecting The Current CEF Sell-Off And Opportunities
04:01am, Friday, 26'th Apr 2024
We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds unde
CEF Weekly Review: CEF Fees Remain Full Of Pitfalls
02:19am, Sunday, 18'th Feb 2024
We review CEF market valuation and performance through the second week of February and highlight recent market action. CEF price action was mixed, with higher-quality fixed-income sectors and interest
Key Decision Factors For CEF Allocation In Today's Market
02:29am, Thursday, 08'th Feb 2024
Key Decision Factors For CEF Allocation In Today's Market
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
PFO: Why We Waited 2 Years To Add This Preferred CEF
04:27pm, Wednesday, 24'th Jan 2024
PFO is a Flaherty preferred CEF with top sector allocations in financials and a mix of investment-grade and sub-investment-grade securities. Flaherty preferred CEFs have struggled in a rate-hiking env
CEF Weekly Review: Take Care With CEF Sector Designation
05:00pm, Saturday, 20'th Jan 2024
We review CEF market valuation and performance through the second week of January and highlight recent market action. Most CEF sectors were up on the week, with CMBS delivering the best return. Discou
PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends
05:13pm, Friday, 19'th Jan 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 Incorpora
PFO: A Near-Term Correction Is Likely (Rating Downgrade)
11:27am, Friday, 19'th Jan 2024
Flaherty & Crumrine Preferred Income Opportunity Fund has a lower yield compared to its peers due to recent distribution cuts and high leverage. The PFO closed-end fund has performed well in recent mo
PFD, PFO, FFC, FLC and DFP Announce December and January Dividends
04:34pm, Monday, 11'th Dec 2023
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
PFD, PFO, FFC, FLC and DFP Announce November Distributions
04:55pm, Thursday, 19'th Oct 2023
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: On The Watchlist, Not In The Garbage Can
06:25am, Thursday, 07'th Sep 2023
The CEF landscape is littered with corpses of funds that have disappointed investors. We highlight one such fund - the preferred Flaherty CEF PFO - which has underperformed the sector since 2022 and d
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