DFP: Preferred Fund Raises Distribution After A Series Of Cuts [Seeking Alpha]
Flaherty & Crumrine Total Return Fund Inc (FLC)
US:NYSE Investor Relations:
en.wikipedia.org/wiki/robert_j._flaherty
Company Research
Source: Seeking Alpha
The DFP ETF is heavily invested in the financial sector and is leveraged to the gills. DFP pays a monthly dividend and currently yields around 6.95%. The distribution was recently raised after a series of cuts. We examine the setup and give you our take. Conservative Income Portfolio members get exclusive access to our real-world portfolio. See all our investments here » Preferred funds come in all flavors, and we wrote about one just recently . The one we are going to cover today though is a Closed End Fund, or CEF, and its setup is a bit different from what we saw for the exchange-traded fund, or ETF, we wrote about. The Fund Flaherty & Crumrine Dynamic Preferred and Income Fund NYSE: DFP ) targets a robust total return, with emphasis on the high current income aspect of it. The majority of its assets are invested in income generating vehicles of both U.S. and non-U.S. origin. The managed assets are invested in various securities such as "preferred stock, trust pref
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Sec Filings
- 4/24/24 - Form NPORT-P
- 3/4/24 - Form DEF
- 2/8/24 - Form N-CEN
- FLC's page on the SEC website