FFC
Flaherty & Crumrine Preferred and Income Securities FundFFC
FFC
About: Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a diversified portfolio of preferred securities.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
1% more funds holding
Funds holding: 108 [Q2] → 109 (+1) [Q3]
1% less capital invested
Capital invested by funds: $148M [Q2] → $146M (-$1.65M) [Q3]
1.71% less ownership
Funds ownership: 20.78% [Q2] → 19.07% (-1.71%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FFC.
Financial journalist opinion
Neutral
Business Wire
1 week ago
PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends
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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.
Neutral
Seeking Alpha
2 weeks ago
FFC: Leveraged Preferred Equity CEF, 7% Yield
FFC's high leverage and reliance on short-term funding make it highly sensitive to Fed rate changes, limiting potential price gains unless rates drop significantly. The fund's strong performance in 2024 was driven by lower Fed Funds rates and a rally in bank preferred shares, showcasing effective security selection. Despite lower rates, FFC's persistent high leverage and funding profile suggest continued high discount to NAV, with significant downside risk in a risk-off event.
Positive
Seeking Alpha
1 month ago
Preferred Income CEFs: Five From Flaherty & Crumrine; Which One Is Best?
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, particularly DFP and FLC, provide compelling opportunities with yields around 7% and significant discounts to NAV. DFP, with a 9% five-year total return, and FLC, with a slightly higher recent return, are top picks for long-term total returns.
Neutral
Business Wire
1 month ago
PFD, PFO, FFC, FLC and DFP Announce Special Year-End Distributions and December and January Dividends
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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.
Neutral
Business Wire
3 months ago
PFD, PFO, FFC, FLC and DFP Announce November Dividends
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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.
Positive
Forbes
3 months ago
3 High Yield Closed-End Funds Offer Big Discounts
“Buy bonds!” – Contrarian Outlook, 2H 2022
Positive
Seeking Alpha
5 months ago
FFC: Benefits From Monetary Easing, But Has Already Priced In Potential Gains
The Flaherty & Crumrine Preferred Securities Income Fund has delivered a strong performance recently as various market participants became excited about rate cuts. The FFC fund's current 6.96% yield is lower than some peers, but it has been coming up recently. The fund's recent distribution increases could drive share price gains, even if preferred stock prices remain stable.
Neutral
Business Wire
6 months ago
PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends
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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.
Neutral
Business Wire
9 months ago
PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends
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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.
Negative
Seeking Alpha
9 months ago
FFC: Leveraged Bank Preferred Equity In Need Of Lower Rates
Flaherty & Crumrine Preferred and Income Securities Fund holds a portfolio of bank and insurance preferred equities, with financials representing the highest risk. FFC has a high leverage ratio of 39% with a cost of debt over 6%, which has been a drag on performance. The fund's performance is highly dependent on the direction of interest rates, and it is expected to underperform in a high rates environment.
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