Scott Letter: Closed-End Fund Report Interview with Donald Crumrine of Flaherty & Crumrine. They Have Five Preferred Equity CEFs: (PFD, PFO, FFC, FLC, & DFP) – [Free Sign-Up Required]
December 8, 2014, Richmond, VA.— Closed-End Fund Advisors is pleased to announce an in-depth interview in The Scott Letter: Closed-End Fund Report with Donald Crumrine and Chad Conwell. Donald is portfolio manager to the funds’ advisor and chairman of the board, CEO and director of the firms funds: PFD, PFO, FFC, FLC, & DFP.
We found the interview to be a timely update on how investors can gain access to preferred equity exposure. Some highlights include the percentage of the funds’ dividends that were tax beneficial with qualified dividends (QDI). We also covered how the preferred equity market has changed since the financial crisis and how last year all actively managed preferred funds beat their index or ETF counterparts.
We also discuss how the funds are being positioned in the current economic and interest rate environment. If you are not already a subscriber to The Scott Letter, a subscription is free on our website www.CEFadvisors.com.
Once you sign-up, you will receive the interview as well as gain access to our firm’s periodic email updates on our services, CEF markets and various articles, videos, webinars and live CEF conferences or meetings we host or are otherwise involved with in some way.
Free Scott Letter Registration: www.cefadvisors.com/scottletter.html.