FFC is our top pick among preferred stock focused CEFs, given its segment-low expense ratio and the highest return on NAV in the past decade.
Fund pays a monthly distribution of $0.112 per share that currently yields 6.2%.
This article includes comparative returns data of other CEFs in the segment, including a market outlook.
The Flaherty & Crumrine Preferred and Income Securities Fund (NYSE:FFC) with $927 million in net assets is a closed-end-fund investing in preferred stocks and other income-focused securities. The fund utilizes a leveraged strategy