PFD

NYSEPreferred Securities

Flaherty & Crumrine Preferred & Income Fund

Sponsor: Flaherty & Crumrine · Inception Jan 25, 1991 · Pays monthly

Market priceShare price

$10.52

+0.67% (+$0.07)

NAVAsset value per share

$11.87

as of Oct 13, 2026 · Nasdaq NAV symbol

Premium / discountPrice vs. assets

11.37% discount *

Indicative: latest price vs latest reported NAV

Distribution rate (price)Payout rate

8.02%

regular, annualised · on NAV 7.11%

Expense ratioAnnual cost

Not reported

no tagged fee table

LeverageBorrowing

Not reported

senior securities not tagged

Quote status: Market closed — last regular-session price · last trade Oct 15, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 15, 2026, 5:46 PM EDTRegular-session prices; extended-hours quotes are not displayed.

Links go to SEC EDGAR or the sponsor. Document dates are the filing's report date (or filing date); an older prospectus is shown with its date and is not a current comprehensive source. Links are checked weekly; failures are flagged.

Sponsor & official fund page

The sponsor's site carries daily NAV, fact sheets, distribution notices (Section 19(a)), tax information and reinvestment-plan terms.

Document	Date	Filed	Form	Source	Status
Sponsor websitelatest	—	—	—	Sponsor	link check failed (404)

Prospectus & registration statements

Form N-2 and supplements: investment policies, fee table, leverage terms, rights offerings, at-the-market programmes.

Document	Date	Filed	Form	Source	Status
Prospectus (Rule 424(b)(2)) — 424B2latest · filing index	Apr 30, 2021	Apr 30, 2021	424B2	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Registration statement amendment (Form N-2/A) — AMENDMENT TO FORM N-2 · filing index	Apr 16, 2021	Apr 16, 2021	N-2/A	SEC EDGAR	unchecked
Registration statement / prospectus (Form N-2) — INITIAL FILING OF A REGISTRATION STATEMENT · filing index	Feb 5, 2021	Feb 5, 2021	N-2	SEC EDGAR	unchecked
Registration statement amendment (Form N-2/A) — PREFERRED INCOME N-2/A FILING · filing index	May 31, 2002	May 31, 2002	N-2/A	SEC EDGAR	unchecked
Registration statement / prospectus (Form N-2) — PREFERRED INCOME MMP CUM PROSPECTUS 04/02 · filing index	Apr 22, 2002	Apr 22, 2002	N-2	SEC EDGAR	unchecked

Annual reports (N-CSR)

Financial highlights, statements, notes on leverage and fees, distribution sources.

Document	Date	Filed	Form	Source	Status
Annual shareholder report (Form N-CSR) — CERTIFIED ANNUAL SHAREHOLDER REPORTlatest · filing index	Nov 30, 2025	Feb 4, 2026	N-CSR	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Annual shareholder report (Form N-CSR) — CERTIFIED ANNUAL SHAREHOLDER REPORT · filing index	Nov 30, 2024	Feb 4, 2025	N-CSR	SEC EDGAR	unchecked
Annual shareholder report (Form N-CSR) — CERTIFIED ANNUAL SHAREHOLDER REPORT · filing index	Nov 30, 2023	Feb 2, 2024	N-CSR	SEC EDGAR	unchecked
Annual shareholder report (Form N-CSR) — CERTIFIED ANNUAL SHAREHOLDER REPORT · filing index	Feb 1, 2023	Feb 1, 2023	N-CSR	SEC EDGAR	unchecked
Annual shareholder report (Form N-CSR) — CERTIFIED ANNUAL SHAREHOLDER REPORT · filing index	Nov 30, 2021	Feb 4, 2022	N-CSR	SEC EDGAR	unchecked
Annual shareholder report (Form N-CSR) — ANNUAL SHAREHOLDER REPORT · filing index	Nov 30, 2020	Jan 29, 2021	N-CSR	SEC EDGAR	unchecked

Semi-annual reports (N-CSRS)

Document	Date	Filed	Form	Source	Status
Semi-annual shareholder report (Form N-CSRS) — CERTIFIED SEMI-ANNUAL SHAREHOLDER REPORTlatest · filing index	May 31, 2026	Jul 31, 2026	N-CSRS	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Semi-annual shareholder report (Form N-CSRS) — CERTIFIED SEMI-ANNUAL SHAREHOLDER REPORT · filing index	May 31, 2025	Jul 31, 2025	N-CSRS	SEC EDGAR	unchecked
Semi-annual shareholder report (Form N-CSRS) — CERTIFIED SEMI-ANNUAL SHAREHOLDER REPORT · filing index	May 31, 2024	Jul 30, 2024	N-CSRS	SEC EDGAR	unchecked
Semi-annual shareholder report (Form N-CSRS) — CERTIFIED SEMI-ANNUAL SHAREHOLDER REPORT · filing index	May 31, 2023	Aug 3, 2023	N-CSRS	SEC EDGAR	unchecked
Semi-annual shareholder report (Form N-CSRS) — CERTIFIED SEMI-ANNUAL SHAREHOLDER REPORT · filing index	May 31, 2022	Jul 29, 2022	N-CSRS	SEC EDGAR	unchecked
Semi-annual shareholder report (Form N-CSRS) — CERTIFIED SEMI-ANNUAL SHAREHOLDER REPORT · filing index	May 31, 2021	Jul 30, 2021	N-CSRS	SEC EDGAR	unchecked

Portfolio holdings (N-PORT)

Monthly portfolio filed quarterly with a ~60-day lag.

Document	Date	Filed	Form	Source	Status
Monthly portfolio holdings (Form N-PORT)latest · filing index	May 29, 2026	Jul 27, 2026	NPORT-P	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Monthly portfolio holdings (Form N-PORT) · filing index	Feb 27, 2026	Apr 23, 2026	NPORT-P	SEC EDGAR	unchecked
Monthly portfolio holdings (Form N-PORT) · filing index	Nov 28, 2025	Jan 23, 2026	NPORT-P	SEC EDGAR	unchecked
Monthly portfolio holdings (Form N-PORT) · filing index	Aug 29, 2025	Oct 29, 2025	NPORT-P	SEC EDGAR	unchecked
Monthly portfolio holdings (Form N-PORT) · filing index	May 30, 2025	Jul 25, 2025	NPORT-P	SEC EDGAR	unchecked
Monthly portfolio holdings (Form N-PORT) · filing index	Feb 28, 2025	Apr 24, 2025	NPORT-P	SEC EDGAR	unchecked

Proxy statements & reorganisations

Shareholder votes: directors, mergers, liquidations, conversions.

Document	Date	Filed	Form	Source	Status
Proxy statement (DEF 14A) — DEFINITIVE PROXY STATEMENTlatest · filing index	Apr 15, 2026	Mar 9, 2026	DEF 14A	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Additional proxy materials (DEFA14A) — ADDITIONAL DEFINITIVE PROXY SOLICITING MATERIALS · filing index	May 7, 2025	May 7, 2025	DEFA14A	SEC EDGAR	unchecked
Additional proxy materials (DEFA14A) — ADDITIONAL DEFINITIVE PROXY SOLICITING MATERIALS · filing index	Apr 28, 2025	Apr 28, 2025	DEFA14A	SEC EDGAR	unchecked
Additional proxy materials (DEFA14A) — ADDITIONAL DEFINITIVE PROXY SOLICITING MATERIALS · filing index	Apr 16, 2025	Apr 16, 2025	DEFA14A	SEC EDGAR	unchecked
Proxy statement (DEF 14A) — DEFINITIVE PROXY STATEMENT · filing index	Apr 16, 2025	Mar 17, 2025	DEF 14A	SEC EDGAR	unchecked
Proxy statement (DEF 14A) — DEFINITIVE PROXY STATEMENT · filing index	Apr 17, 2024	Mar 4, 2024	DEF 14A	SEC EDGAR	unchecked
Proxy statement (DEF 14A) — DEFINITIVE PROXY STATEMENT · filing index	Apr 19, 2023	Mar 2, 2023	DEF 14A	SEC EDGAR	unchecked
Proxy statement (DEF 14A) — DEFINITIVE PROXY STATEMENTS · filing index	Apr 20, 2022	Mar 3, 2022	DEF 14A	SEC EDGAR	unchecked

Current reports (8-K)

Document	Date	Filed	Form	Source	Status
Current report (8-K) — CURRENT REPORTlatest · filing index	May 2, 2019	May 2, 2019	8-K	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Current report (8-K) — FLAHERTY & CRUMRINE PREFERRED INCOME FUND FLAHERTY & CRUMRINE PREFERRED INCOME F · filing index	Jan 20, 2017	Jan 20, 2017	8-K	SEC EDGAR	unchecked
Current report (8-K) — CURRENT REPORT · filing index	Nov 13, 2015	Nov 13, 2015	8-K	SEC EDGAR	unchecked
Current report (8-K) — CURRENT REPORT · filing index	Jun 4, 2015	Jun 4, 2015	8-K	SEC EDGAR	unchecked
Current report (8-K) — CURRENT REPORT · filing index	Apr 21, 2015	Apr 23, 2015	8-K	SEC EDGAR	unchecked
Current report (8-K) — FORM 8-K · filing index	Feb 3, 2011	Feb 3, 2011	8-K	SEC EDGAR	unchecked

Other periodic reports

Document	Date	Filed	Form	Source	Status
Periodic report to shareholders (N-30B-2) — PERIODIC AND INTERIM REPORTSlatest · filing index	Feb 28, 2019	Apr 29, 2019	N-30B-2	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Periodic report to shareholders (N-30B-2) — PERIODIC AND INTERIM REPORTS · filing index	Aug 31, 2018	Oct 26, 2018	N-30B-2	SEC EDGAR	unchecked
Periodic report to shareholders (N-30B-2) — PERIODIC AND INTERIM REPORTS · filing index	Feb 28, 2018	Apr 27, 2018	N-30B-2	SEC EDGAR	unchecked
Periodic report to shareholders (N-30B-2) — FLAHERTY & CRUMRINE PREFERRED INCOME FUND INCORPORATED · filing index	Aug 31, 2017	Oct 24, 2017	N-30B-2	SEC EDGAR	unchecked

Annual census (N-CEN)

Document	Date	Filed	Form	Source	Status
Annual census report (Form N-CEN)latest · filing index	Nov 30, 2025	Feb 11, 2026	N-CEN	SEC EDGAR	OK (Oct 4, 2026, 12:19 AM EDT)
Annual census report (Form N-CEN) · filing index	Nov 30, 2024	Feb 6, 2025	N-CEN	SEC EDGAR	unchecked
Annual census report (Form N-CEN) · filing index	Nov 30, 2023	Feb 8, 2024	N-CEN	SEC EDGAR	unchecked

Other

Document	Date	Filed	Form	Source	Status
Proxy voting record (N-PX)latest · filing index	Jun 30, 2026	Aug 6, 2026	N-PX	SEC EDGAR	OK (Oct 11, 2026, 12:18 AM EDT)
Proxy voting record (N-PX) · filing index	Jun 30, 2025	Aug 15, 2025	N-PX	SEC EDGAR	unchecked
Proxy voting record (N-PX) · filing index	Jun 30, 2024	Aug 20, 2024	N-PX	SEC EDGAR	unchecked
Proxy voting record (N-PX) — ANNUAL REPORT OF PROXY VOTING RECORD · filing index	Jun 30, 2023	Aug 17, 2023	N-PX	SEC EDGAR	unchecked
All SEC filings for this fund (EDGAR)latest	—	—	—	SEC EDGAR	OK (Oct 11, 2026, 12:24 AM EDT)

Not on file for this fund: fact sheets, distribution notices, tax information, reinvestment plan. These are published on the sponsor's site rather than EDGAR; use the sponsor link above.

CEF Explorer research page for Flaherty & Crumrine 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.