Flaherty & Crumrine Preferred Securities Income Fund Inc. (FFC)

NYSE: FFC · Real-Time Price · USD
15.62
-0.14 (-0.89%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.89%
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]

Sector Financials
Founded 1983
Country United States
Stock Exchange NYSE
Ticker Symbol FFC
Full Company Profile

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...

Other symbols: DFPFLCPFDPFO
4 weeks ago - Business Wire

3 High Yield Closed-End Funds Offer Big Discounts

“Buy bonds!” – Contrarian Outlook, 2H 2022

Other symbols: FAXVMO
5 weeks ago - Forbes

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...

3 months ago - Seeking Alpha

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...

Other symbols: DFPFLCPFDPFO
4 months ago - Business Wire

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...

Other symbols: DFPFLCPFDPFO
7 months ago - Business Wire

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%...

8 months ago - Seeking Alpha

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.

Other symbols: JPCPDT
9 months ago - Forbes

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...

Other symbols: CMUCXECXHDFPFLCPFDPFO
10 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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. ...

10 months ago - Seeking Alpha

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...

Other symbols: DFPFLCPFDPFO
10 months ago - Business Wire

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...

11 months ago - Seeking Alpha

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...

Other symbols: DFPFLCPFDPFO
1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

Other symbols: DFPFLCPFDPFO
1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

3 Preferred Stock Funds Yielding Up To 9.4%

Is there still a chance to buy the bank dip? You bet—with nifty yields up to 9.4%!

Other symbols: FPEHPIJPCPFFPFFD
1 year ago - Forbes

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 ...

1 year ago - Seeking Alpha

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.

Other symbols: DFPFLCPFDPFO
1 year ago - Seeking Alpha

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

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: DFPFLCFPFHPFHPIHPSJPC
1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha