Flaherty & Crumrine Preferred and Income Fund
       

 
See The Basics for a detailed Fund description

 

Portfolio Overview: (As of 04/30/2020)

 
Top Twenty Five Issuers
  Issuer
% of Portfolio
1.
MetLife
4.2%
2.
Morgan Stanley
3.8%
3.
BNP Paribas
3.5%
4.
Fifth Third Bancorp
3.4%
5.
Energy Transfer Operating, L.P.
3.3%
6.
JPMorgan Chase
3.3%
7.
Liberty Mutual Group
3.3%
8.
PNC Financial Services Group
3.1%
9.
Citigroup
3.1%
10.
Unum Group
2.5%
11.
HSBC PLC
2.3%
12.
Wells Fargo & Company
2.3%
13.
Barclays Bank PLC
2.2%
14.
Regions Financial Corporation
2.0%
15.
New York Community Bancorp
2.0%
16.
QBE Insurance Group Limited
2.0%
17.
Societe Generale
1.9%
18.
CoBank ACB
1.9%
19.
Land O Lakes
1.8%
20.
Bank of America Corporation
1.6%
21.
Huntington Bancshares
1.6%
22.
Texas Capital Bancshares, Inc.
1.5%
23.
Commonwealth Edison
1.5%
24.
Banco Bilbao Vizcaya Argentaria, S.A.
1.5%
25.
TransCanada Corporation
1.5%

 
Total Portfolio
 
Top Twenty Five:
61.1%
 
Other:
38.9%

Exposure to credit default swaps: None


Credit Quality
Moody's Ratings
% of Securities
Aaa
0.0%
Aa
0.0%

A

0.4%
Baa
50.4%
Ba
34.8%
Not Rated
13.8%
   
Below by Both**
38.6%
 
**Below Investment Grade by both Moody's and S&P

Industry Concentration
Industry
% of Securities
Banks
56.3%
Finance
2.3%
Insurance
22.1%
Utilities
8.3%
Other
11.0%
 
  Most recent publicly disclosed fiscal quarter end portfolio holdings are available upon request