Flaherty & Crumrine Preferred Income Fund Incorporated (PFD)

Tentang perusahaan

Flaherty & Crumrine Preferred & Income Fund Inc. is a diversified, closed-end management investment company. The Fund's invests in a portfolio of preferred securities. Under normal market conditions, the Fund invests at least 80% of its managed assets in a portfolio of preferred and other-income producing securities. Also, the Fund invests at least 25% of its total assets in the financial sector, which comprises banks, thrifts and mortgage finance, financial services, consumer finance, capital markets, asset management and custody, investment banking and brokerage and real estate investment trust industries. It may invest up to 15% of its assets in common stocks and, under normal market conditions. Flaherty & Crumrine Incorporated is the Fund's investment advisor.