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Trending ETFs

Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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Vitals

YTD Return

7.4%

1 yr return

7.2%

3 Yr Avg Return

-6.3%

5 Yr Avg Return

-3.6%

Net Assets

$135 M

Holdings in Top 10

19.6%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.09%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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XPFOX - Profile

Distributions

  • YTD Total Return 7.4%
  • 3 Yr Annualized Total Return -6.3%
  • 5 Yr Annualized Total Return -3.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 7.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated
  • Fund Family Name
    Flaherty & Crumrine
  • Inception Date
    Aug 12, 2005
  • Shares Outstanding
    13072181
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    R. Eric Chadwick

Fund Description


XPFOX - Performance

Return Ranking - Trailing

Period XPFOX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% 3.1% 16.6% 67.11%
1 Yr 7.2% 3.1% 18.1% 76.32%
3 Yr -6.3%* -7.5% 5.7% 87.14%
5 Yr -3.6%* -5.6% 10.4% 85.07%
10 Yr 2.0%* 0.7% 5.1% 82.61%

* Annualized

Return Ranking - Calendar

Period XPFOX Return Category Return Low Category Return High Rank in Category (%)
2023 0.8% -3.6% 14.2% 48.68%
2022 -24.5% -29.4% -9.6% 82.86%
2021 0.6% -3.4% 17.2% 32.86%
2020 1.1% -24.8% 9.0% 29.85%
2019 16.7% 6.4% 19.1% 11.11%

Total Return Ranking - Trailing

Period XPFOX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% 3.1% 16.6% 67.11%
1 Yr 7.2% 3.1% 18.1% 76.32%
3 Yr -6.3%* -7.5% 5.7% 87.14%
5 Yr -3.6%* -5.6% 10.4% 85.07%
10 Yr 2.0%* 0.7% 5.1% 82.61%

* Annualized

Total Return Ranking - Calendar

Period XPFOX Return Category Return Low Category Return High Rank in Category (%)
2023 0.8% -1.9% 26.5% 88.16%
2022 -24.5% -26.0% -5.8% 95.71%
2021 0.6% -2.5% 27.4% 95.71%
2020 1.1% -19.2% 12.3% 82.09%
2019 20.7% 10.0% 32.0% 15.87%

NAV & Total Return History


XPFOX - Holdings

Concentration Analysis

XPFOX Category Low Category High XPFOX % Rank
Net Assets 135 M 35.2 M 15.4 B 90.79%
Number of Holdings 221 49 444 43.42%
Net Assets in Top 10 44.4 M 13.2 M 2.1 B 85.53%
Weighting of Top 10 19.63% 11.1% 48.1% 50.00%

Top 10 Holdings

  1. Provident Financing Trust I 7.405% 2.62%
  2. BNP Paribas 7.375% 2.25%
  3. PNC Financial Services Group Inc Perpetual Preferred Share class-P 2.12%
  4. MetLife Inc. 9.25% 2.03%
  5. JPMorgan Chase & Co DR 1.93%
  6. New York Community Bancorp Inc Non-Cum Perp Pfd Shs Series -A- 1.92%
  7. MetLife Inc. 10.75% 1.86%
  8. Liberty Mutual Group, Inc. 7.8% 1.81%
  9. Morgan Stanley Deposit Shs Repr 1/1000th Non-Cum Pfd Shs Series -F- 1.78%
  10. Land O'Lakes Inc. 8% 1.73%

Asset Allocation

Weighting Return Low Return High XPFOX % Rank
Preferred Stocks
43.52% 0.00% 121.18% 35.53%
Bonds
37.53% 0.00% 97.75% 69.74%
Convertible Bonds
18.22% 0.00% 31.65% 58.90%
Cash
0.73% -0.02% 11.04% 86.84%
Stocks
0.00% 0.00% 29.42% 88.16%
Other
0.00% -4.40% 10.15% 63.16%

Bond Sector Breakdown

Weighting Return Low Return High XPFOX % Rank
Corporate
98.94% 62.31% 100.00% 21.92%
Cash & Equivalents
1.06% 0.00% 11.04% 69.74%
Derivative
0.00% -0.62% 9.46% 63.16%
Securitized
0.00% 0.00% 0.00% 83.56%
Municipal
0.00% 0.00% 0.00% 83.56%
Government
0.00% 0.00% 21.71% 94.52%

Bond Geographic Breakdown

Weighting Return Low Return High XPFOX % Rank
US
30.67% 0.00% 97.61% 68.42%
Non US
6.86% 0.00% 22.53% 27.63%

XPFOX - Expenses

Operational Fees

XPFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.09% 0.05% 4.46% 13.33%
Management Fee 0.55% 0.00% 1.00% 26.32%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.55% 80.00%

Sales Fees

XPFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

XPFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XPFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 12.00% 199.00% 6.06%

XPFOX - Distributions

Dividend Yield Analysis

XPFOX Category Low Category High XPFOX % Rank
Dividend Yield 0.00% 0.00% 9.59% 96.05%

Dividend Distribution Analysis

XPFOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

XPFOX Category Low Category High XPFOX % Rank
Net Income Ratio 7.19% 0.88% 7.54% 4.17%

Capital Gain Distribution Analysis

XPFOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XPFOX - Fund Manager Analysis

Managers

R. Eric Chadwick


Start Date

Tenure

Tenure Rank

Feb 13, 1992

30.32

30.3%

Mr. Chadwick has managed preferred securities at Flaherty & Crumrine since 1999 and is a member of the firm’s portfolio management team. As one of the firm's traders, he shares responsibility for implementing investment strategies. Mr. Chadwick is also involved in the development of tools for managing the portfolios and developing firm-wide systems. Together with Mr. Conwell and Mr. Stone, he serves on the firm's board of directors and is a member of the executive management committee. He also serves as President of the U.S. Flaherty & Crumrine closed-end funds. Prior to joining Flaherty & Crumrine in 1999, he worked at Koch Industries Inc. where he was responsible for managing sizable portfolios of both preferred securities and corporate bonds. He was also responsible for developing analytical tools used in the management of the portfolios, and providing fundamental research on a broad range of credits. Mr. Chadwick earned his M.B.A. from the UCLA Anderson School of Management and his B.S. in Economics from the University of Kansas.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 30.32 7.57 11.42