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 Q4 regulatory disclosures by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
2% more funds holding
Funds holding: 45 [Q3] → 46 (+1) [Q4]
1.25% more ownership
Funds ownership: 19.53% [Q3] → 20.79% (+1.25%) [Q4]
0% more capital invested
Capital invested by funds: $30M [Q3] → $30.1M (+$123K) [Q4]
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Research analyst outlook
We haven’t received any recent analyst ratings for PFD.
Financial journalist opinion








