Flaherty & Crumrine Preferred and Income Securities Fund Inc is a US-based company operating in industry. The company is headquartered in Pasadena, California. The company went IPO on 2003-01-29. Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The Fund invests at least 80% of its managed assets in a portfolio of preferred and other income-producing securities. The Fund invests, under normal market conditions, at least 25% of its total assets in the financial sector, which for this purpose is comprised of bank, thrifts and mortgage finance, diversified financial services, finance, consumer finance, capital markets, asset management and custody, investment banking and brokerage, insurance, insurance brokerage and real estate investment trust industries. The Fund also may focus its investments in other sectors or industries, such as energy, industrials, utilities, and others. The Fund's investment adviser is Flaherty & Crumrine Incorporated.
