Flaherty & Crumrine Preferred and Income Fund Inc is a US-based company operating in industry. The company is headquartered in Pasadena, California. Flaherty & Crumrine Preferred & Income Fund Inc. (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. Preferred and other income-producing securities include traditional preferred stock, trust preferred securities, hybrid securities that have characteristics of both equity and debt securities, contingent capital securities (CoCos), subordinated debt and senior debt. The Fund invests at least 25% of its total assets in the financial sector, which comprises banks, financial services, consumer finance, and the brokerage and real estate investment trust industries. Flaherty & Crumrine Incorporated is the Fund's investment advisor.
Follow-Up Questions
Who is the CEO of Flaherty & Crumrine Preferred and Income Fund Inc?
Mr. R. Eric Chadwick is the Chairman of the Board of Flaherty & Crumrine Preferred and Income Fund Inc, joining the firm since 2004.
What is the price performance of PFD stock?
The current price of PFD is $12.12, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Flaherty & Crumrine Preferred and Income Fund Inc?
Flaherty & Crumrine Preferred and Income Fund Inc belongs to N/A industry and the sector is N/A
What is Flaherty & Crumrine Preferred and Income Fund Inc market cap?
Flaherty & Crumrine Preferred and Income Fund Inc's current market cap is $155.7M
