Flaherty & Crumrine Dynamic Preferred & Income Fund
Sponsor: Flaherty & Crumrine · Inception May 24, 2013 · Pays monthly
Market priceShare price
$18.76
-0.61% ($-0.12)
NAVAsset value per share
$21.26
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
11.76% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
8.41%
regular, annualised · on NAV 7.42%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: 15-minute delayed · last trade Oct 16, 2026, 1:13 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 1:15 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending May 29, 2026, filed Jul 27, 2026. 264 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Debt | 70.53% | $524M |
| Equity (preferred) | 28.37% | $211M |
| Short-term investment vehicle | 1.09% | $8.1M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| Canada | 8.44% | $62.7M |
| United States | 71.23% | $529M |
| United Kingdom | 7.24% | $53.8M |
| Spain | 4.83% | $35.9M |
| France | 4.70% | $34.9M |
| Bermuda | 1.14% | $8.5M |
| Cayman Islands | 1.08% | $8M |
| Ireland | 0.58% | $4.3M |
| Switzerland | 0.52% | $3.9M |
| Netherlands | 0.24% | $1.8M |
Region
| Region | % net assets | Value |
|---|---|---|
| Canada | 8.44% | $62.7M |
| United States | 71.23% | $529M |
| Offshore domiciles | 2.22% | $16.5M |
| Developed Europe | 18.11% | $135M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 98.20% | $729M |
| Registered fund | 1.09% | $8.1M |
| U.S. GSE | 0.71% | $5.2M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 72.27% | $537M |
| Level 1 | 27.73% | $206M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $743M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 264 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| COMPEER FINANCIAL ACA | 20453QAA0 | Debt | CORP | United States | 660,000 | principal | $653K | 0.09% | 2 |
| KEYCORP | 493267AK4 | Debt | CORP | United States | 650,000 | principal | $650K | 0.09% | 2 |
| STIFEL FINANCIAL CORP | 860630862 | Preferred | CORP | United States | 37,152 | shares | $619K | 0.08% | 1 |
| CARLYLE FINANCE LLC | 14314C105 | Preferred | CORP | United States | 35,800 | shares | $592K | 0.08% | 1 |
| UBS GROUP AG | 902613BE7 | Debt | CORP | Switzerland | 500,000 | principal | $578K | 0.08% | 2 |
| COBANK ACB | 19075QAC6 | Debt | USGSE | United States | 550,000 | principal | $550K | 0.07% | 2 |
| ARCH CAPITAL GROUP LTD | 03939A107 | Preferred | CORP | Bermuda | 26,109 | shares | $517K | 0.07% | 1 |
| CAPITAL ONE FINANCIAL CORP | 14040H824 | Preferred | CORP | United States | 28,163 | shares | $514K | 0.07% | 1 |
| ARBOR REALTY TRUST INC | 038923876 | Preferred | CORP | United States | 29,258 | shares | $480K | 0.06% | 1 |
| FULTON FINANCIAL CORP | 360271308 | Preferred | CORP | United States | 26,200 | shares | $479K | 0.06% | 1 |
| VISTRA CORP | 92840MAC6 | Debt | CORP | United States | 450,000 | principal | $454K | 0.06% | 2 |
| SOCIETE GENERALE SA | 83367TBU2 | Debt | CORP | France | 300,000 | principal | $304K | 0.04% | 2 |
| ANNALY CAPITAL MANAGEMENT INC | 035710870 | Preferred | CORP | United States | 10,685 | shares | $278K | 0.04% | 1 |
| ASSURANT INC | 04621X306 | Preferred | CORP | United States | 8,203 | shares | $159K | 0.02% | 1 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| May 29, 2026 | Jul 27, 2026 | 264 | 100.0% | $743M | full |
| Nov 28, 2025 | Jan 23, 2026 | 259 | 100.0% | $741M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Flaherty & Crumrine Dynamic Preferred & Income Fund Inc. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.