Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (PFO)

Frequently Asked Questions About Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (PFO)

Can investors purchase PFO shares directly on the stock exchange?

Yes, investors can purchase shares of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated directly on the New York Stock Exchange (NYSE) under the ticker symbol 'PFO.' Shares are available for trading during market hours like any publicly traded stock, making it accessible to both retail and institutional investors.

How can I purchase shares of PFO?

Shares of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated can be purchased through a brokerage account, just like any other publicly traded stock. Investors can place buy orders through their brokers or online trading platforms during market hours to acquire shares.

How does PFO distribute income to its shareholders?

The fund distributes income to its shareholders through regular dividend payments, typically on a monthly basis. The dividends are derived from the income generated by the investments in preferred and other income-producing securities within the fund's portfolio, providing investors with a consistent income stream.

How is the fund's net asset value (NAV) determined?

The net asset value (NAV) of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated is determined by calculating the total value of the fund's assets, including all securities held, minus its liabilities. The NAV is typically calculated at the end of each trading day and is a key metric for investors to gauge the fund’s performance relative to its market price.

Is PFO suitable for income-focused investors?

Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated may be particularly suitable for income-focused investors looking for a steady stream of dividends provided by preferred securities. The fund's investment strategy emphasizes generating income while also offering the potential for capital appreciation, making it appealing to those seeking income-centric investment options.

Is the dividend paid by PFO subject to taxation?

Yes, dividends received from Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated are generally subject to federal income tax. Depending on the investor’s tax situation, a portion of the dividends may be classified as qualified dividends, which could be taxed at a favorable capital gains rate.

What are preferred securities?

Preferred securities are hybrid financial instruments that exhibit characteristics of both stocks and bonds. They typically provide fixed dividend payments to investors before common stock dividends and generally have priority in the event of liquidation. Preferred shares can be an attractive investment for those seeking stable income and lower volatility compared to common stocks.

What are the investment goals of PFO?

The investment goals of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated are centered on providing high current income through investments in preferred and income-generating securities while also seeking long-term capital appreciation. By maintaining a diversified portfolio of carefully chosen securities, the fund aims to maximize income potential for its investors.

What are the risks associated with investing in PFO?

Investing in Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated comes with various risks, including market risk, credit risk, and interest rate risk. Changes in economic conditions and interest rates can significantly impact the performance of preferred securities, and investors should assess their risk tolerance prior to investing.

What does Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE:PFO) do?

Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated is a closed-end management investment company that primarily invests in preferred and other income-generating securities. The fund seeks to provide high current income through investments in preferred stocks, which typically offer fixed dividend payments. Its strategy is focused on identifying undervalued securities while aiming for long-term capital appreciation.

What is the expense ratio of PFO?

The expense ratio of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated may vary, but it provides an important measure of the costs associated with managing the fund. It's crucial for investors to review the fund's shareholder reports for the most current information on expense ratios, which include management fees, operational costs, and other associated expenses.

What is the historical performance of PFO?

The historical performance of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated indicates that it has sought to provide competitive returns compared to its peers in the preferred and income investment segment. However, past performance is not indicative of future results, and potential investors should carefully review performance reports and fund objectives.

What is the investment strategy of PFO?

The investment strategy of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated centers on investing in income-producing preferred securities and other fixed-income investments. The fund managers utilize in-depth research and analysis to identify high-quality securities that have significant income potential, seeking to manage risks while maximizing total return for investors.

What is the significance of PFO's yield?

The yield of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated provides investors with an estimate of the expected annual income generated by the fund based on its current market price. A higher yield can indicate a more attractive income investment, but it is essential for investors to consider the risks associated with such yields, as they may be affected by market conditions.

What types of securities does PFO primarily invest in?

Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated primarily invests in preferred stocks, but it also considers other income-generating securities such as corporate bonds and convertible securities. The fund seeks to build a diversified portfolio that maximizes income while managing risk through careful security selection.

When was Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated founded?

Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated was established in 2003. Since its inception, the fund has aimed to deliver attractive income to its shareholders by focusing on investments in preferred and income-oriented securities.

Where can I find more information about PFO?

More information about Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated can be found on the fund’s official website, as well as through financial news platforms, investment research websites, and regulatory filings available on the SEC's website. Investors can also review quarterly and annual reports for updates on performance, holdings, and investment strategy.

Who manages Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated?

The Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated is managed by Flaherty & Crumrine, a firm renowned for its expertise in the preferred securities market. The management team consists of seasoned investment professionals who specialize in analyzing preferred stocks and income-seeking investments, applying their knowledge to enhance portfolio performance.

What is the current price of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated?

The current price of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated is 8.900

When was Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated last traded?

The last trade of Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated was at 11:11 am EDT on May 9th, 2025