Flaherty & Crumrine Preferred Securities Income Fund Inc

Flaherty & Crumrine Preferred & Income Securities Fund, Inc. is a mutual fund, closed-end investment. Its objective is to provide high current income for holders of its common stock consistent with preservation of capital. The company was founded on May 23, 2002 and is headquartered in Pasadena, CA.

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A total of 6 funds added this month means it was a more active month of buying than the prior.

6 Closed-End Fund Positions Added To My Portfolio In June

When we last examined Flaherty & Crumrine Preferred and Income Securities, we highlighted the risk of paying such a high premium.

FFC: Still Priced For Significant Underperformance

FFC is running a bit overvalued at this time; however, it is the same for its peer funds as well.

FFC: Attractive 6.82% Distribution Yield From This Preferred Fund

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The swift run-up in asset prices and CEF discounts suggests that easy gains from beta exposure are going to be harder to come by going forward. This dynamic points to alpha strategies as a way to keep total returns humming along.

CEF Rotation Ideas - Alpha Is The New Beta

Flaherty preferred CEFs have released a new shareholder report which gives us a chance to take a look at these consistent sector outperformers. The strong performance of these funds is owed due to their low management fees, robust leverage profile and lack of duration hedges.

Flaherty Preferreds CEFs: A Look At Consistent Outperformers

This closed-end fund is popular amongst investors. It has performed well, and the leverage has worked for it.

FFC: Solid Yield, But Too Expensive

FFC revised its financial leverage strategy in 2019, which bumped up its expense ratio from 0.87% to 2.52%. However, the strategy has worked successfully and dividend payouts have increased. So long as FFC's current 11.4% premium to NAV ratio and expense ratio hold, its dividend yield will remain compelling at 6.60%.

Flaherty & Crumrine Preferred And Income Securities Fund: Money In The Bank

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Flaherty & Crumrine Preferred Income Fund Inc

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We take a look at year-to-date returns of the sector CEFs as well as the key drivers behind those returns. There are no easy answers in allocating to the sector as funds with the most robust structural features and no hedge NAV drags are also trading at elevated premiums.

Preferreds CEF Sector Update

SPDR Dow Jones Industrial Average ETF

Vanguard Extended Duration Treasury ETF

Invesco QQQ

B. Riley Financial

SPDR Portfolio Long Term Treasury ETF

SPDR S&P 500 ETF Trust

iShares 20+ Year Treasury Bond ETF

Direxion Daily Small Cap Bull 3x Shares

We are in a persistent pattern of low interest rates, whereby investors are getting negative yields if we factor in inflation.

Retirement: Ways To Boost Your Income

John Hancock Tax-Advantaged Dividend Income Fund

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Preferred securities can carry features of both equities and fixed-income, while providing a fixed dividend payment. They are traditionally more stable than equities, due to the features that make them a fixed-income investment.

Income Lab Ideas: The Best Preferred Investments

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More Non-Traditional Options For Parking Cash

Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs.

A Wealth Of Relative Value Opportunities In Preferred CEFs

Flaherty & Crumrine offers a successful line-up of preferred/fixed-income funds, showing strong rebounds from March's lows.

FFC: Providing Attractive Monthly Income, Yielding 7.46%

Evaluating Alternatives For Your CEF Capital Losses

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Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

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First Trust High Income Long/Short Fund

Nuveen AMT-Free Quality Municipal Income Fund

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Pimco High Income Fund

Cohen & Steers Quality Income Realty Fund

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There are tons of fund sponsors out there with closed-end fund offerings, this list aims to start narrowing down where to look.

Income Lab Ideas: Best Fund Sponsors For Each Sector

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Gauging CEF Deleveraging Moves

FFC is our top pick among preferred stock focused CEFs, given its segment-low expense ratio and the highest return on NAV in the past decade.

FFC: 6.2% Yield From Leading Preferred Stock CEF

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News for Flaherty & Crumrine Preferred Securities Income Fund Inc ETF (FFC)