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0 0 0 0 0.000412967169110194 0.000929176130497661 -0.00216807763782769 -0.00216807763782769
Stock impact report

PFO: Low Yield And Poor Performance Weaken The Case For This Fund [Seeking Alpha]

Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (PFO) 
US:NYSE Investor Relations: get.adobe.com/flashplayer/about
Company Research Source: Seeking Alpha
PFO's 6.77% yield is higher than preferred stock indices but trails peer closed-end funds, making it less compelling for income-focused investors. Recent performance improved, with a 13.17% nine-month total return, but the fund's lower yield and past distribution cuts remain concerns. PFO covers its distribution with net investment income and realized gains, trading at a 6.74% NAV discount, but higher-yielding, better-performing alternatives exist. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » PM Images/DigitalVision via Getty Images The Flaherty & Crumrine Preferred and Income Opportunity Fund ( PFO ) is a closed-end fund that investors may choose to purchase as a way of earning an attractive level of income from the assets that they already possess. The fund does More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield by invest Show less Read more
Impact Snapshot
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