FLAHERTY+CRUM.PFD INC.OP.

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 interest rate environment, the fund can continue to do well. With lower borrowing costs as the Fed cuts rates, they can continue to see distribution boosts as NII increases.» Mehr auf seekingalpha.com

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 significant holdings in banks, insurance, and utilities sectors. PFO's leverage and expense ratio are comparable to its peers, but it has the lowest five-year NAV return among them.» Mehr auf seekingalpha.com

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.» Mehr auf businesswire.com