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PFO / PFO: On The Watchlist, Not In The Garbage Can

PFO: On The Watchlist, Not In The Garbage Can
The CEF landscape is littered with corpses of funds that have disappointed investors. We highlight one such fund - the preferred Flaherty CEF PFO - which has underperformed the sector since 2022 and delivered multiple distribution cuts. The reason for this has to do with the fund's structural features which will become less impactful over the medium term. Read More
Posted: Sep 7 2023, 06:25
Author Name: Seeking Alpha
Views: 042148

PFO News  

PFO: On The Watchlist, Not In The Garbage Can

By Seeking Alpha
September 7, 2023

PFO: On The Watchlist, Not In The Garbage Can

The CEF landscape is littered with corpses of funds that have disappointed investors. We highlight one such fund - the preferred Flaherty CEF PFO - wh more_horizontal

PFO: Very Attractive Price, But I Am Not Impressed

By Seeking Alpha
August 29, 2023

PFO: Very Attractive Price, But I Am Not Impressed

Flaherty & Crumrine Preferred Income Opportunity Fund's share price has declined by 20.17% over the past year, more than other income-focused assets. more_horizontal

CEF Weekly Review: 'Best-Of-Breed' Designation Is Usually An Admission Of Ignorance

By Seeking Alpha
May 6, 2023

CEF Weekly Review: 'Best-Of-Breed' Designation Is Usually An Admission Of Ignorance

We review CEF market valuation and performance through the last week of April and highlight recent market action. CEFs had a strong week to claw back more_horizontal

PFO:  Assault On Regional Banks

By Seeking Alpha
March 12, 2023

PFO:  Assault On Regional Banks

PFO is a closed end fund focused on preferred shares. The vehicle is overweight bank and insurance companies' preferred equities. more_horizontal

PFO: Preferred And Income Pain Continues, But Valuations Getting Tempting

By Seeking Alpha
February 24, 2023

PFO: Preferred And Income Pain Continues, But Valuations Getting Tempting

PFO, along with most preferred and income-focused funds, has faced significant pressure over the last year due to rising interest rates. For PFO, bein more_horizontal

PFO And PFD: Preferred Share Funds Cut Distribution Again

By Seeking Alpha
May 24, 2022

PFO And PFD: Preferred Share Funds Cut Distribution Again

Everyone loves a regular distribution but nobody loves a cut, however small it may be. These cuts were extremely easy to predict considering the avala more_horizontal

PFO: Looking Attractive In Discount Territory

By Seeking Alpha
March 11, 2022

PFO: Looking Attractive In Discount Territory

PFO: Looking Attractive In Discount Territory more_horizontal


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