Flaherty & Crumrine Preferred Income Fund (NYSE:PFD) Stock Breaks Below Two Hundred Day Moving Average – Here’s Why

Posted by Stanley Muller on Oct 24th, 2026

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $11.29 and traded as low as $10.47. Flaherty & Crumrine Preferred Income Fund shares last traded at $10.4730, with a volume of 18,394 shares trading hands.

Flaherty & Crumrine Preferred Income Fund Stock Down 1.4%

The firm has a fifty day simple moving average of $10.93 and a two-hundred day simple moving average of $11.29.

Flaherty & Crumrine Preferred Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be paid a $0.0703 dividend. The ex-dividend date is Friday, November 20th. This represents a $0.84 dividend on an annualized basis and a yield of 8.2%.

Institutional Trading of Flaherty & Crumrine Preferred Income Fund

Several large investors have recently bought and sold shares of PFD. Capital Investment Advisors LLC increased its position in shares of Flaherty & Crumrine Preferred Income Fund by 18.9% in the 3rd quarter. Capital Investment Advisors LLC now owns 26,937 shares of the real estate investment trust’s stock valued at $290,000 after acquiring an additional 4,286 shares during the period. Wedbush Securities Inc. purchased a new position in Flaherty & Crumrine Preferred Income Fund in the 3rd quarter worth $181,000. CoreCap Advisors LLC lifted its position in Flaherty & Crumrine Preferred Income Fund by 130.0% during the 3rd quarter. CoreCap Advisors LLC now owns 2,300 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,300 shares during the period. Noble Wealth Management PBC lifted its position in Flaherty & Crumrine Preferred Income Fund by 31.8% during the 3rd quarter. Noble Wealth Management PBC now owns 9,430 shares of the real estate investment trust’s stock worth $102,000 after acquiring an additional 2,273 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in Flaherty & Crumrine Preferred Income Fund during the 2nd quarter worth about $194,000.

Flaherty & Crumrine Preferred Income Fund Company Profile

(Get Free Report)

Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) is a closed-end investment fund managed by Flaherty & Crumrine Incorporated. The fund seeks to provide investors with high current income and, to a lesser extent, opportunities for capital appreciation.

The fund invests primarily in preferred securities issued by financial institutions, utilities, telecommunications companies and other corporations. Its portfolio may also include other income-producing securities, such as hybrid securities, corporate debt and convertible securities.