Is Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) a Buy, Sell, or Hold?
NYSE : PFO
Flaherty & Crumrine Preferred Income Opportunity Fund Inc.
$9.18 USD
-$0.04 (-0.43%)
- Volume
- 21.41K
- Average Volume
- 28.56K
- Market Capitalization
- $120.05M
- P/E Ratio
- 11.35
- Dividend Yield
- 6.72%
- Price Target
- Year High
- $9.90
- Year Low
- $8.85
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.80
- Current Ratio
- $0.10
| Source | Headline |
|---|---|
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PFO: Deep Discounted Opportunity For The Long-Term
Flaherty & Crumrine Preferred Income Opportunity Fund has become pressured by elevated risk-free rates recently, but its double-digit discount offers long-term value. PFO's 7.31% distribution yield is mostly covered by income and supported by a disciplined payout policy and primarily qualified dividend income, making it tax-efficient for taxable accounts. The portfolio is heavily diversified across nearly 260 holdings, with a bias toward investment-grade financials and meaningful exposure to contingent convertible securities. seekingalpha.com - 2026-05-29 13:05:17 |
