Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated
Fund
XPFOX
Price as of:
$10.11
+ $0.01
+ 0.10%
Primary Theme
fund company
Name
As of 11/01/2024Price
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.
Watchlist
$10.11
$135 M
0.00%
2.09%
Vitals
YTD Return
8.8%
1 yr return
17.0%
3 Yr Avg Return
-6.7%
5 Yr Avg Return
-3.3%
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 11/01/2024Price
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.
Watchlist
$10.11
$135 M
0.00%
2.09%
XPFOX - Profile
Distributions
- YTD Total Return 8.8%
- 3 Yr Annualized Total Return -6.7%
- 5 Yr Annualized Total Return -3.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 7.19%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFlaherty & Crumrine Preferred and Income Opportunity Fund Incorporated
-
Fund Family NameFlaherty & Crumrine
-
Inception DateAug 12, 2005
-
Shares Outstanding13072181
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerR. Eric Chadwick
Fund Description
XPFOX - Performance
Return Ranking - Trailing
| Period | XPFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.8% | 4.8% | 17.7% | 70.51% |
| 1 Yr | 17.0% | 10.0% | 28.4% | 38.46% |
| 3 Yr | -6.7%* | -7.6% | 5.9% | 90.28% |
| 5 Yr | -3.3%* | -5.1% | 11.5% | 86.76% |
| 10 Yr | 2.2%* | 0.8% | 5.0% | 81.25% |
* Annualized
Return Ranking - Calendar
| Period | XPFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.8% | -3.6% | 14.2% | 50.00% |
| 2022 | -24.5% | -29.4% | -9.6% | 83.33% |
| 2021 | 0.6% | -3.4% | 17.2% | 31.94% |
| 2020 | 1.1% | -24.8% | 9.0% | 28.99% |
| 2019 | 16.7% | 6.4% | 19.1% | 10.77% |
Total Return Ranking - Trailing
| Period | XPFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.8% | 4.8% | 17.7% | 70.51% |
| 1 Yr | 17.0% | 10.0% | 28.4% | 38.46% |
| 3 Yr | -6.7%* | -7.6% | 5.9% | 90.28% |
| 5 Yr | -3.3%* | -5.1% | 11.5% | 86.76% |
| 10 Yr | 2.2%* | 0.8% | 5.0% | 81.25% |
* Annualized
Total Return Ranking - Calendar
| Period | XPFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.8% | -1.9% | 26.5% | 88.46% |
| 2022 | -24.5% | -26.0% | -5.8% | 95.83% |
| 2021 | 0.6% | -2.5% | 27.4% | 95.83% |
| 2020 | 1.1% | -19.2% | 12.3% | 82.61% |
| 2019 | 20.7% | 10.0% | 32.0% | 15.38% |
NAV & Total Return History
XPFOX - Holdings
Concentration Analysis
| XPFOX | Category Low | Category High | XPFOX % Rank | |
|---|---|---|---|---|
| Net Assets | 135 M | 24.1 M | 14.5 B | 91.03% |
| Number of Holdings | 221 | 49 | 439 | 38.46% |
| Net Assets in Top 10 | 44.4 M | 8.45 M | 1.89 B | 85.90% |
| Weighting of Top 10 | 19.63% | 11.3% | 48.1% | 50.00% |
Top 10 Holdings
- Provident Financing Trust I 7.405% 2.62%
- BNP Paribas 7.375% 2.25%
- PNC Financial Services Group Inc Perpetual Preferred Share class-P 2.12%
- MetLife Inc. 9.25% 2.03%
- JPMorgan Chase & Co DR 1.93%
- New York Community Bancorp Inc Non-Cum Perp Pfd Shs Series -A- 1.92%
- MetLife Inc. 10.75% 1.86%
- Liberty Mutual Group, Inc. 7.8% 1.81%
- Morgan Stanley Deposit Shs Repr 1/1000th Non-Cum Pfd Shs Series -F- 1.78%
- Land O'Lakes Inc. 8% 1.73%
Asset Allocation
| Weighting | Return Low | Return High | XPFOX % Rank | |
|---|---|---|---|---|
| Preferred Stocks | 43.52% | 0.00% | 125.69% | 34.62% |
| Bonds | 37.53% | 0.00% | 97.75% | 70.51% |
| Convertible Bonds | 18.22% | 0.00% | 31.65% | 60.00% |
| Cash | 0.73% | -0.02% | 11.04% | 88.46% |
| Stocks | 0.00% | 0.00% | 29.42% | 93.59% |
| Other | 0.00% | -4.41% | 10.15% | 71.79% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XPFOX % Rank | |
|---|---|---|---|---|
| Corporate | 98.94% | 62.31% | 100.00% | 21.33% |
| Cash & Equivalents | 1.06% | 0.00% | 11.04% | 65.38% |
| Derivative | 0.00% | -0.56% | 9.46% | 73.08% |
| Securitized | 0.00% | 0.00% | 0.00% | 86.67% |
| Municipal | 0.00% | 0.00% | 0.00% | 86.67% |
| Government | 0.00% | 0.00% | 21.71% | 96.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XPFOX % Rank | |
|---|---|---|---|---|
| US | 30.67% | 0.00% | 97.61% | 69.23% |
| Non US | 6.86% | 0.00% | 22.53% | 26.92% |
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% | 12.99% |
| Management Fee | 0.55% | 0.00% | 1.00% | 25.64% |
| 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% | 5.88% |
XPFOX - Distributions
Dividend Yield Analysis
| XPFOX | Category Low | Category High | XPFOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 9.59% | 100.00% |
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% | 5.41% |
Capital Gain Distribution Analysis
| XPFOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 20, 2019 | $0.063 | OrdinaryDividend |
| May 22, 2019 | $0.063 | OrdinaryDividend |
| Apr 22, 2019 | $0.063 | OrdinaryDividend |
| Mar 21, 2019 | $0.063 | OrdinaryDividend |
| Feb 20, 2019 | $0.063 | OrdinaryDividend |
| Jan 23, 2019 | $0.063 | OrdinaryDividend |
| Dec 20, 2018 | $0.066 | OrdinaryDividend |
| Nov 21, 2018 | $0.066 | OrdinaryDividend |
| Oct 23, 2018 | $0.066 | OrdinaryDividend |
| Sep 20, 2018 | $0.066 | OrdinaryDividend |
| Aug 23, 2018 | $0.066 | OrdinaryDividend |
| Jul 23, 2018 | $0.066 | OrdinaryDividend |
| Jun 21, 2018 | $0.066 | OrdinaryDividend |
| May 22, 2018 | $0.066 | OrdinaryDividend |
| Apr 20, 2018 | $0.066 | OrdinaryDividend |
| Mar 21, 2018 | $0.066 | OrdinaryDividend |
| Feb 20, 2018 | $0.066 | OrdinaryDividend |
| Jan 23, 2018 | $0.069 | OrdinaryDividend |
| Dec 20, 2017 | $0.069 | OrdinaryDividend |
| Nov 21, 2017 | $0.069 | OrdinaryDividend |
| Oct 23, 2017 | $0.069 | OrdinaryDividend |
| Sep 21, 2017 | $0.069 | OrdinaryDividend |
| Aug 22, 2017 | $0.069 | OrdinaryDividend |
| Jul 20, 2017 | $0.073 | OrdinaryDividend |
| Jun 21, 2017 | $0.073 | OrdinaryDividend |
| May 19, 2017 | $0.073 | OrdinaryDividend |
| Apr 19, 2017 | $0.073 | OrdinaryDividend |
| Mar 22, 2017 | $0.073 | OrdinaryDividend |
| Feb 16, 2017 | $0.073 | OrdinaryDividend |
| Jan 20, 2017 | $0.073 | OrdinaryDividend |
| Dec 20, 2016 | $0.017 | ExtraDividend |
| Dec 20, 2016 | $0.073 | OrdinaryDividend |
| Nov 18, 2016 | $0.073 | OrdinaryDividend |
| Oct 20, 2016 | $0.073 | OrdinaryDividend |
| Sep 21, 2016 | $0.073 | OrdinaryDividend |
| Aug 22, 2016 | $0.073 | OrdinaryDividend |
| Jul 20, 2016 | $0.073 | OrdinaryDividend |
| Jun 21, 2016 | $0.073 | OrdinaryDividend |
| May 19, 2016 | $0.073 | OrdinaryDividend |
| Apr 20, 2016 | $0.073 | OrdinaryDividend |
| Mar 21, 2016 | $0.073 | OrdinaryDividend |
| Feb 18, 2016 | $0.073 | OrdinaryDividend |
| Jan 20, 2016 | $0.073 | OrdinaryDividend |
| Dec 21, 2015 | $0.073 | OrdinaryDividend |
| Nov 18, 2015 | $0.073 | OrdinaryDividend |
| Oct 21, 2015 | $0.073 | OrdinaryDividend |
| Sep 21, 2015 | $0.073 | OrdinaryDividend |
| Aug 20, 2015 | $0.073 | OrdinaryDividend |
| Jul 22, 2015 | $0.073 | OrdinaryDividend |
| Jun 19, 2015 | $0.073 | OrdinaryDividend |
| May 19, 2015 | $0.073 | OrdinaryDividend |
| Apr 21, 2015 | $0.073 | OrdinaryDividend |
| Mar 20, 2015 | $0.073 | OrdinaryDividend |
| Feb 18, 2015 | $0.073 | OrdinaryDividend |
| Jan 21, 2015 | $0.073 | OrdinaryDividend |
| Dec 19, 2014 | $0.073 | OrdinaryDividend |
| Nov 18, 2014 | $0.073 | OrdinaryDividend |
| Oct 22, 2014 | $0.073 | OrdinaryDividend |
| Sep 19, 2014 | $0.073 | OrdinaryDividend |
| Aug 20, 2014 | $0.073 | OrdinaryDividend |
| Jul 22, 2014 | $0.073 | OrdinaryDividend |
| Jun 19, 2014 | $0.073 | OrdinaryDividend |
| May 20, 2014 | $0.073 | OrdinaryDividend |
| Apr 21, 2014 | $0.073 | OrdinaryDividend |
| Mar 20, 2014 | $0.073 | OrdinaryDividend |
| Feb 19, 2014 | $0.073 | OrdinaryDividend |
| Jan 22, 2014 | $0.073 | OrdinaryDividend |
| Dec 19, 2013 | $0.073 | ExtraDividend |
| Dec 19, 2013 | $0.073 | OrdinaryDividend |
| Nov 19, 2013 | $0.073 | OrdinaryDividend |
| Oct 22, 2013 | $0.073 | OrdinaryDividend |
| Sep 19, 2013 | $0.073 | OrdinaryDividend |
| Aug 21, 2013 | $0.073 | OrdinaryDividend |
| Jul 22, 2013 | $0.073 | OrdinaryDividend |
| Jun 19, 2013 | $0.073 | OrdinaryDividend |
| May 22, 2013 | $0.073 | OrdinaryDividend |
| Apr 19, 2013 | $0.073 | OrdinaryDividend |
| Mar 19, 2013 | $0.073 | OrdinaryDividend |
| Feb 19, 2013 | $0.073 | OrdinaryDividend |
| Jan 22, 2013 | $0.073 | OrdinaryDividend |
| Dec 19, 2012 | $0.117 | ExtraDividend |
| Dec 19, 2012 | $0.073 | OrdinaryDividend |
| Nov 20, 2012 | $0.076 | OrdinaryDividend |
| Oct 22, 2012 | $0.076 | OrdinaryDividend |
| Sep 19, 2012 | $0.076 | OrdinaryDividend |
| Aug 22, 2012 | $0.076 | OrdinaryDividend |
| Jul 20, 2012 | $0.076 | OrdinaryDividend |
| Jun 20, 2012 | $0.076 | OrdinaryDividend |
| May 21, 2012 | $0.076 | OrdinaryDividend |
| Apr 19, 2012 | $0.076 | OrdinaryDividend |
| Mar 21, 2012 | $0.076 | OrdinaryDividend |
| Feb 17, 2012 | $0.076 | OrdinaryDividend |
| Jan 20, 2012 | $0.076 | OrdinaryDividend |
| Dec 20, 2011 | $0.045 | ExtraDividend |
| Dec 20, 2011 | $0.076 | OrdinaryDividend |
| Nov 18, 2011 | $0.076 | OrdinaryDividend |
| Oct 20, 2011 | $0.076 | OrdinaryDividend |
| Sep 21, 2011 | $0.076 | OrdinaryDividend |
| Aug 22, 2011 | $0.076 | OrdinaryDividend |
| Jul 20, 2011 | $0.074 | OrdinaryDividend |
| Jun 21, 2011 | $0.074 | OrdinaryDividend |
| May 19, 2011 | $0.074 | OrdinaryDividend |
| Apr 19, 2011 | $0.074 | OrdinaryDividend |
| Mar 22, 2011 | $0.074 | OrdinaryDividend |
| Feb 16, 2011 | $0.074 | OrdinaryDividend |
| Jan 20, 2011 | $0.074 | OrdinaryDividend |
| Dec 21, 2010 | $0.030 | ExtraDividend |
| Dec 21, 2010 | $0.074 | OrdinaryDividend |
| Nov 18, 2010 | $0.073 | OrdinaryDividend |
| Oct 20, 2010 | $0.073 | OrdinaryDividend |
| Sep 21, 2010 | $0.073 | OrdinaryDividend |
| Aug 20, 2010 | $0.073 | OrdinaryDividend |
| Jul 21, 2010 | $0.066 | OrdinaryDividend |
| Jun 21, 2010 | $0.066 | OrdinaryDividend |
| May 19, 2010 | $0.066 | OrdinaryDividend |
| Apr 21, 2010 | $0.058 | OrdinaryDividend |
| Mar 22, 2010 | $0.058 | OrdinaryDividend |
| Feb 17, 2010 | $0.058 | OrdinaryDividend |
| Jan 20, 2010 | $0.058 | OrdinaryDividend |
| Dec 21, 2009 | $0.058 | OrdinaryDividend |
| Nov 18, 2009 | $0.050 | OrdinaryDividend |
| Oct 21, 2009 | $0.050 | OrdinaryDividend |
| Sep 21, 2009 | $0.050 | OrdinaryDividend |
| Aug 20, 2009 | $0.050 | OrdinaryDividend |
| Jul 22, 2009 | $0.050 | OrdinaryDividend |
| Jun 19, 2009 | $0.050 | OrdinaryDividend |
| May 19, 2009 | $0.050 | OrdinaryDividend |
| Apr 21, 2009 | $0.050 | OrdinaryDividend |
| Mar 20, 2009 | $0.050 | OrdinaryDividend |
| Feb 18, 2009 | $0.050 | OrdinaryDividend |
| Jan 21, 2009 | $0.050 | OrdinaryDividend |
| Dec 19, 2008 | $0.050 | OrdinaryDividend |
| Nov 20, 2008 | $0.055 | OrdinaryDividend |
| Nov 05, 2008 | $0.055 | OrdinaryDividend |
| Sep 22, 2008 | $0.061 | OrdinaryDividend |
| Sep 19, 2008 | $0.061 | OrdinaryDividend |
| Aug 20, 2008 | $0.068 | OrdinaryDividend |
| Jul 22, 2008 | $0.068 | OrdinaryDividend |
| Jun 19, 2008 | $0.068 | OrdinaryDividend |
| May 20, 2008 | $0.068 | OrdinaryDividend |
| Apr 21, 2008 | $0.068 | OrdinaryDividend |
| Mar 19, 2008 | $0.068 | OrdinaryDividend |
| Feb 20, 2008 | $0.068 | OrdinaryDividend |
| Jan 22, 2008 | $0.068 | OrdinaryDividend |
| Dec 19, 2007 | $0.068 | OrdinaryDividend |
| Nov 20, 2007 | $0.068 | OrdinaryDividend |
| Oct 22, 2007 | $0.068 | OrdinaryDividend |
| Sep 19, 2007 | $0.068 | OrdinaryDividend |
| Aug 22, 2007 | $0.068 | OrdinaryDividend |
| Jul 20, 2007 | $0.065 | OrdinaryDividend |
| Jun 20, 2007 | $0.065 | OrdinaryDividend |
| May 21, 2007 | $0.065 | OrdinaryDividend |
| Apr 19, 2007 | $0.065 | OrdinaryDividend |
| Mar 21, 2007 | $0.065 | OrdinaryDividend |
| Feb 16, 2007 | $0.065 | OrdinaryDividend |
| Jan 22, 2007 | $0.065 | OrdinaryDividend |
| Dec 19, 2006 | $0.065 | OrdinaryDividend |
| Nov 20, 2006 | $0.065 | OrdinaryDividend |
| Oct 20, 2006 | $0.065 | OrdinaryDividend |
| Sep 20, 2006 | $0.065 | OrdinaryDividend |
| Aug 22, 2006 | $0.065 | OrdinaryDividend |
| Jul 20, 2006 | $0.065 | OrdinaryDividend |
| Jun 21, 2006 | $0.065 | OrdinaryDividend |
| May 22, 2006 | $0.065 | OrdinaryDividend |
| Apr 19, 2006 | $0.065 | OrdinaryDividend |
| Mar 22, 2006 | $0.065 | OrdinaryDividend |
| Feb 16, 2006 | $0.071 | OrdinaryDividend |
| Jan 20, 2006 | $0.071 | OrdinaryDividend |
| Dec 20, 2005 | $0.071 | OrdinaryDividend |
| Nov 21, 2005 | $0.071 | OrdinaryDividend |
| Oct 20, 2005 | $0.071 | OrdinaryDividend |
| Sep 21, 2005 | $0.071 | OrdinaryDividend |
| Aug 22, 2005 | $0.071 | OrdinaryDividend |
| Jul 20, 2005 | $0.071 | OrdinaryDividend |
| Jun 21, 2005 | $0.071 | OrdinaryDividend |
| May 20, 2005 | $0.071 | OrdinaryDividend |
| Apr 20, 2005 | $0.071 | OrdinaryDividend |
| Mar 22, 2005 | $0.076 | OrdinaryDividend |
| Feb 16, 2005 | $0.076 | OrdinaryDividend |
| Jan 20, 2005 | $0.076 | OrdinaryDividend |
| Dec 21, 2004 | $0.045 | ExtraDividend |
| Dec 21, 2004 | $0.076 | OrdinaryDividend |
| Nov 19, 2004 | $0.076 | OrdinaryDividend |
| Oct 20, 2004 | $0.076 | OrdinaryDividend |
| Sep 21, 2004 | $0.076 | OrdinaryDividend |
| Aug 20, 2004 | $0.076 | OrdinaryDividend |
| Jul 21, 2004 | $0.076 | OrdinaryDividend |
| Jun 21, 2004 | $0.076 | OrdinaryDividend |
| May 19, 2004 | $0.076 | OrdinaryDividend |
| Apr 21, 2004 | $0.076 | OrdinaryDividend |
| Mar 22, 2004 | $0.076 | OrdinaryDividend |
| Feb 18, 2004 | $0.076 | OrdinaryDividend |
| Jan 21, 2004 | $0.076 | OrdinaryDividend |
| Dec 22, 2003 | $0.030 | ExtraDividend |
| Dec 22, 2003 | $0.076 | OrdinaryDividend |
| Nov 18, 2003 | $0.073 | OrdinaryDividend |
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 | 7.8 | 11.42 |