| Preferred Income Fund, Preferred Income Opportunity Fund, preferred stocks | |||
2006
Tax Information (as a Percent of Total Distributions)
|
|||
| Flaherty & Crumrine Preferred Income Fund (PFD) | |||||
| Calendar Year 2006 | |||||
Individual |
Corporation |
||||
QDI |
Ordinary Income |
DRD |
Ordinary Income |
||
| Common Stock |
76.07%
|
23.93%
|
70.23%
|
29.77%
|
|
| MMPâ (Money Market Preferred) |
75.82%
|
24.18%
|
69.85%
|
30.15%
|
|
| Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) | |||||
| Calendar Year 2006 | |||||
Individual |
Corporation |
||||
QDI |
Ordinary Income |
DRD |
Ordinary Income |
||
| Common Stock |
78.22%
|
21.78%
|
71.76%
|
28.24%
|
|
| MMPâ (Money Market Preferred) |
78.09%
|
21.91%
|
71.56%
|
28.44%
|
|
For Individual investors, a portion of the distributions consisted of Qualified Dividend Income ("QDI") eligible for the maximum 15% personal tax rate. For corporate investors, a portion of the distributions consisted of income eligible for the inter-corporate Dividends Received Deduction ("DRD").
|