Flaherty & Crumrine Preferred and Income FundPFD
About: Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The fund invests in a diversified portfolio of preferred securities, which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
9% more capital invested
Capital invested by funds: $27.2M [Q2] → $29.7M (+$2.57M) [Q3]
0.82% less ownership
Funds ownership: 20.21% [Q2] → 19.39% (-0.82%) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
4% less funds holding
Funds holding: 46 [Q2] → 44 (-2) [Q3]
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Research analyst outlook
We haven’t received any recent analyst ratings for PFD.