Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC)
Market Value | 752.54M |
Revenue (ttm) | 87.19M |
Net Income (ttm) | 127.75M |
Shares Out | 48.18M |
EPS (ttm) | 2.65 |
PE Ratio | 5.89 |
Forward PE | n/a |
Dividend | $1.10 (7.07%) |
Ex-Dividend Date | Nov 21, 2024 |
Volume | 152,851 |
Open | 15.70 |
Previous Close | 15.76 |
Day's Range | 15.57 - 15.74 |
52-Week Range | 13.36 - 16.74 |
Beta | 0.96 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About FFC
Flaherty & Crumrine Preferred Securities Income Fund Inc. is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in investment grade preferred securities consisting of hybrid or taxable preferreds. It employs quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio aga... [Read more]
News
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 Incorpor...
3 High Yield Closed-End Funds Offer Big Discounts
“Buy bonds!” – Contrarian Outlook, 2H 2022
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 i...
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 Incorpor...
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 Incorpor...
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%...
These 7% Dividends Prove This Investment ‘Rule' Is Total Rubbish
Don't fall into the trap of thinking you can't beat the market. It's total nonsense—and that goes double if you look outside stocks, to other assets.
CEF Weekly Review: Take Care With Total NAV Returns
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Invest...
FFC: Portfolio Assets Appear Overpriced, Some Profit-Taking Could Be Smart
Flaherty & Crumrine Preferred and Income Securities Fund has suffered losses over the past two years due to high leverage and cuts in distribution. The fund's yield is not attractive compared to its p...
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. ...
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 Incorpora...
5 Best CEFs This Month For 9.5% Yield (December 2023)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or C...
PFD, PFO, FFC, FLC and DFP Announce 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 Incorpor...
FFC: Better Yields Can Be Obtained Elsewhere
Flaherty & Crumrine Preferred and Income Securities Fund yields 7.41%, lower than other preferred stock closed-end funds. The fund has experienced a recent price surge due to market expectations of th...
PFD, PFO, FFC, FLC and DFP Announce November Distributions
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 Incorpor...
FFC: A High-Yielding Fixed-Income Fund With A Huge Discount
Flaherty & Crumrine Preferred and Income Securities Fund offers a high level of income with a 7.35% yield, higher than most other options in the market. The fund's shares have declined 19.11% over the...
FFC: Understanding The Plunge, Staying On The Sidelines
FFC has seen a significant drop in performance due to its high exposure to the financial sector. The fund's reputation has been damaged, leading to it trading at an 8% discount to its Net Asset Value ...
CEF Weekly Review: 'Best-Of-Breed' Designation Is Usually An Admission Of Ignorance
We review CEF market valuation and performance through the last week of April and highlight recent market action. CEFs had a strong week to claw back some losses and finish April broadly flat.
FFC: This CEF Is Looking More Attractive Now, But The Price Is Higher Than Normal
FFC: This CEF Is Looking More Attractive Now, But The Price Is Higher Than Normal
Strong Mid-Cap Insider Buys: Q1 2023
Today, we provide you the first quarter update in our recurring series based on firms that have enjoyed unusual insider interest during the first quarter of the year. We stand behind our belief that i...
Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr...
The Near-Perfect Portfolio: Sleep Well During Turbulent Times
The stock market is inherently volatile. With the economy going through the boom and bust cycles more frequently, the extreme ups and downs of the market are inevitable. For most conservative investor...
FFC: Solid Preferred Stock Fund But Too Much Duration For My Outlook
The FFC is preferred stock focused fund with strong long-term historical returns. However, the fund took a tumble in 2022 due to the high duration exposure of the portfolio.
FFC: Preferred Equity CEF Up More Than 10% YTD
Flaherty & Crumrine Preferred and Income Securities Fund is a closed end fund focused on preferred equity. The CEF is a leveraged take on banking and insurance preferred shares.