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Flaherty & Crumrine Prefd Fund (Flaherty & Crumrine Prefd Fund) Gross-Profit-to-Asset % : 7.74% (As of Nov. 2023)


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What is Flaherty & Crumrine Prefd Fund Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Flaherty & Crumrine Prefd Fund's annualized Gross Profit for the quarter that ended in Nov. 2023 was $17.85 Mil. Flaherty & Crumrine Prefd Fund's average Total Assets over the quarter that ended in Nov. 2023 was $230.49 Mil. Therefore, Flaherty & Crumrine Prefd Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 was 7.74%.


Flaherty & Crumrine Prefd Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for Flaherty & Crumrine Prefd Fund's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Flaherty & Crumrine Prefd Fund Gross-Profit-to-Asset % Chart

Flaherty & Crumrine Prefd Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 12.51 5.27 5.07 -11.19 1.10

Flaherty & Crumrine Prefd Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.12 -15.40 -6.86 -5.43 7.74

Competitive Comparison of Flaherty & Crumrine Prefd Fund's Gross-Profit-to-Asset %

For the Asset Management subindustry, Flaherty & Crumrine Prefd Fund's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flaherty & Crumrine Prefd Fund's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prefd Fund's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prefd Fund's Gross-Profit-to-Asset % falls into.



Flaherty & Crumrine Prefd Fund Gross-Profit-to-Asset % Calculation

Flaherty & Crumrine Prefd Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=2.592/( (238.324+232.657)/ 2 )
=2.592/235.4905
=1.10 %

Flaherty & Crumrine Prefd Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=17.848/( (228.322+232.657)/ 2 )
=17.848/230.4895
=7.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Nov. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Flaherty & Crumrine Prefd Fund Gross-Profit-to-Asset % Related Terms

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Flaherty & Crumrine Prefd Fund (Flaherty & Crumrine Prefd Fund) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed?end management investment company. Its investment objective is to provide its common shareholders with a high current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chairman of the Board 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert E Chadwick officer: CFO, VP, Secretary, Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901

Flaherty & Crumrine Prefd Fund (Flaherty & Crumrine Prefd Fund) Headlines