FFC

Flaherty & Crumrine Preferred and Income Securities Fund Inc. is a closed-end fixed income fund investing primarily in preferred securities and debt instruments. The fund seeks to provide high current income by investing in preferred stocks, trust preferred securities, and other income-producing instruments issued by corporations and financial institutions. Flaherty & Crumrine employs fundamental credit analysis to select securities across the capital structure, focusing on risk-adjusted income potential. The fund may use leverage to enhance returns, borrowing at short-term rates to invest in higher-yielding securities. As a closed-end fund, FFC trades on an exchange and its market price may differ from its net asset value. The fund is managed by Flaherty & Crumrine, a firm specializing in preferred securities and income investments.