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Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP)

Specialty Equity Funds - Preferred Equity

Data as of Dec. 9, 2024
Current
Market Price $20.60 (- $0.08)
NAV (Dec. 9, 2024) $22.44 (+ $0.02)
Fund Listed NYSE
Premium / Discount -8.20% (-0.44%)
Fund Info
Inception May 24, 2013
Sponsor Flaherty & Crumrine Incorporated
Website https://www.preferredi...
Phone 877-855-3434
NAV Symbol XDFPX
Location California
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: High current income; preferred and other income-producing securities issued by U.S. and non-U.S. companies
Related Indexes
60/40 Balanced (w/ BDCs) Index
Tax-Sensitive Income Index
Preferred Equity Index
Capital & Leverage
Outstanding Shares 20,538,137
Total Assets (Reported: Aug. 31, 2024) $725M
Estimated Total Assets $741M
Net Assets $461M
Market Cap $423M
Portfolio Turnover 9.00%
Total Leverage 37.80%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 5.27%
Non Lev Exp Ratio 1.21%
Rel Lev Cost 6.65%
Discount Data
Average Discount (3 Yr) -6.50%
Discount Low(3 Yr) -16.09%
Discount High(3 Yr) 5.78%
Discount Rel Range (3 Yr) 36.08%
Comp Discount -4.15
Discount St Dev (1Yr) 2.19
Z-Stat
Z-Stat (6mo) -0.08
Z-Stat (1Yr) 0.65
Z-Stat (3Yr) -0.33
Comp Z-Stat (6mo) -0.01
Comp Z-Stat (3Yr) -0.62
Distribution Data
Market Yield 6.70%
Income Yield 6.70%
Lev Adj NAV Yield 4.47%
Distribution Frequency M
Current Distribution $0.115
Current Income $0.115
Ex-Date 11/21/24
Payable Date 11/29/24
Div Growth (3yr) -28.82%
Dividend Change 2.6% on 10/17/24
Expected Div 12/6/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2023 2021 - 2023
Income 100% 95.4%
ST Gains 0% 0%
QDI 99.8% 87.0%
LT Gains 0% 4.6%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $1,269
Avg Volume 30 day 55,649
Avg Volume 90 day 61,613
Volume Trend -9.68%
Comp Volume Trend -9.60%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
54.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
74.0%
Price Correlation (1yr)
vs. CEFA's Preferred Equity Index
85.0%
Most Correlated Peer (Mk Pr): FLC 81.0%
NAV - Price Correlation (30 d) 85.5%
NAV - Price Correlation (90 d) 66.2%
NAV - Price Correlation (1 Yr) 97.0%
Price St Dev (1Yr) 10.0%
NAV St Dev (1Yr) 4.9%
Earnings
Earnings / Share (8/31/24) $0.123
Earn Coverage 107.12%
Earnings Trend Up
UNII / Share (5/31/24) $-0.028
Rel UNII -2.02
UNII Trend Up
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.47
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.00
NAV Beta (2yr)
vs. CEFA's Preferred Equity Index
1.01

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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