We are live on ! Find out more

Flaherty & Crumrine Preferred and Income Fund

PFD

Market cap $133M

10.35 USD

-0.01

0.1%

At close Updated Nov 13, 4:00 PM EST

1 day

-0.1%

5 days

-2.36%

1 month

-2.08%

3 months

-8.89%

6 months

-9.53%

Year to date

-12.95%

1 year

-11.84%

5 years

-39.97%

10 years

-18.57%

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.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 40%

Neutral 60%

Negative 0%

PFD, PFO, FFC, FLC and DFP Announce Dividends for November

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.

PFD, PFO, FFC, FLC and DFP Announce Dividends for November

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, using data as of the close of October 9, 2026. PIMCO funds take six of the top seven spots on the yield list, as several that traded at premiums until recently have slipped to discounts. Among our model portfolio holdings, DHF appears on all five lists, and HFRO again has the widest discount at -43.06%.

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

PFD: Banking Sector Exposure Could Be A Risk For This Preferred Stock Fund

The Flaherty & Crumrine Preferred and Income Fund offers an 8.03% yield, with a portfolio heavily concentrated in preferreds and contingent capital securities. PFD's banking sector exposure exceeds 50%, raising risk as rising bond yields drive unrealized losses and pressure preferred prices. Recent performance has lagged the preferred index, with a 10.4% share price decline and distributions insufficient to offset losses over the period.

PFD: Banking Sector Exposure Could Be A Risk For This Preferred Stock Fund

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

The Triple-Factor CEF screen systematically identifies funds with yields above 6.5%, coverage above 90%, and discounts to NAV for balanced income and value. BNY Mellon High Yield Strategies Fund and Flaherty & Crumrine Preferred Income Opp stand out for deep discounts, strong yields, and robust coverage. Negative z-scores highlight CEFs trading below historical valuation ranges, suggesting potential mean-reversion opportunities for sophisticated investors.

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

PFD Vs. DFP: Similar CEFs, But Different Results

DFP Flaherty & Crumrine Dynamic Pfd and Inc Fd has outperformed Flaherty & Flaherty & Crumrine Preferred and Income Fund Inc since DFP's 2013 inception. DFP emphasizes total return with high current income, while PFD focuses on high current income and capital preservation. Key considerations for CEF investors include leverage usage, price vs. NAV discounts, effective duration, floating rate exposure, and credit rating allocation.

PFD Vs. DFP: Similar CEFs, But Different Results

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.

PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends

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.

PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends

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.

PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends

PFD: The Risks Here Could Be Greater Than Believed

The Flaherty & Crumrine Preferred and Income Fund underperforms peers in yield and total return, despite outperforming the preferred stock index. PFD's current 6.88% yield trails comparable closed-end funds, making it less attractive for income-focused investors seeking higher payouts. The fund trades at a 7.50% discount to NAV, its cheapest level among peers and below its five-year average, but this does not offset its lower yield.

PFD: The Risks Here Could Be Greater Than Believed

See News Rankings

Price charts implemented using Lightweight Charts™