The Flaherty & Crumrine Preferred and Income Fund ("PFD") is a closed-end, diversified investment company which invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. It commenced investment operations in January, 1991 through an initial public offering of common stock. The Fund also uses financial leverage as a strategy to achive its investment objective. At February 1, 2021 there were 11,318,353 common shares outstanding.
The Preferred and Income Fund concentrates its investments in the financials sector, which for this purpose is comprised of the bank, thrifts & mortgage finance, diversified financial services, finance, consumer finance, capital markets, asset management & custody, investment banking & brokerage, insurance, insurance brokers and real estate investment trust (REIT) industries. From time to time, the Fund may have 25% or more of its total assets invested in any one of these industries. Naturally, the Fund will be significantly impacted by developments affecting these industries.
The investment objective of the Fund is high current income for holders of its common stock consistent with preservation of capital.
Company profile
Ticker
PFD
Exchange
Website
CEO
R. Eric Chadwick
Employees
Incorporated
Location
Fiscal year end
Former names
FLAHERTY & CRUMRINE PREFERRED INCOME FUND INC, PREFERRED INCOME FUND INC
SEC CIK
IRS number
954305694
PFD stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
4 Mar 24
N-CEN
Annual report (registered investment company)
8 Feb 24
N-CSR
Certified annual shareholder report (management investment company)
2 Feb 24
N-PX
Annual report of proxy voting record
17 Aug 23
N-CSRS
Certified semi-annual shareholder report (management investment company)
3 Aug 23
DEF 14A
Definitive proxy
2 Mar 23
N-CEN
Annual report (registered investment company)
6 Feb 23
N-CSR
Certified annual shareholder report (management investment company)
1 Feb 23
N-PX
Annual report of proxy voting record
10 Aug 22
N-CSRS
Certified semi-annual shareholder report (management investment company)
29 Jul 22
Latest ownership filings
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Feb 2024 report)
24 Apr 24
3
NICHOLAS DALMASO
29 Jan 24
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Nov 2023 report)
26 Jan 24
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Aug 2023 report)
26 Oct 23
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (May 2023 report)
24 Jul 23
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Feb 2023 report)
27 Apr 23
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Nov 2022 report)
24 Jan 23
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Aug 2022 report)
27 Oct 22
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (May 2022 report)
25 Jul 22
NPORT-P
Flaherty & Crumrine Preferred and Income Fund Incorporated (Feb 2022 report)
28 Apr 22
Funds
Series | Ticker | %Monthly Return ? | $Assets | #Holdings | As of | ||
---|---|---|---|---|---|---|---|
Flaherty & Crumrine Preferred and Income Fund Incorporated | – | -9.52 | -3.31 | -3.27 | 229.01 mm | 221 | May 2023 |