FLAHERTY+CRUM.PFD INC.OP.

PFO's yield and long-term total returns lag peers, offering little compensation for its higher leverage and risk profile. The fund's recent outperformance is likely due to its lower distribution, which minimizes net asset value destruction in a weak preferred market. PFO's high U.S. allocation is a disadvantage versus more global peers, especially amid concerns over U.S. banking and consumer debt.» 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

Flaherty & Crumrine Preferred Income Opportunity Fund trades at an attractive discount, benefiting from a more stable rate environment and benefiting from rate cuts. The fund's distribution yield is 6.59%, and recent Fed rate cuts have improved income generation, leading to an upward trajectory in distributions. PFO's portfolio is heavily invested in financial institutions with a tilt toward investment-grade quality and paying primarily qualified distributions.» Mehr auf seekingalpha.com