PFD (Flaherty & Crumrine Prefd Fund) Shares Outstanding (Diluted Average): 13.44 Mil (As of Nov. 2025)

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PFD Flaherty & Crumrine Prefd Inc Fund Inc PFD
30 GF Score
Price $11.59
! 6 Warning Signs
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What is Flaherty & Crumrine Prefd Fund Shares Outstanding (Diluted Average)?

Flaherty & Crumrine Prefd Fund PFD +0.61% 30 Shares Outstanding (Diluted Average) is 13.44 Mil as of Nov. 2025. GuruFocus rates PFD with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Flaherty & Crumrine Prefd Fund's average diluted shares outstanding for the quarter that ended in Nov. 2025 was 13.44 Mil.

Flaherty & Crumrine Prefd Fund  (NYSE:PFD) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Flaherty & Crumrine Prefd Fund Shares Outstanding (Diluted Average) Related Terms

Flaherty & Crumrine Prefd Fund Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Flaherty & Crumrine Prefd Fund's Shares Outstanding (Diluted Average) 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.

Flaherty & Crumrine Prefd Fund Shares Outstanding (Diluted Average) Chart

Flaherty & Crumrine Prefd Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only 11.13 12.56 12.04 12.85 13.02

Flaherty & Crumrine Prefd Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.85 12.93 12.85 12.60 13.44
PFD
30GF Score
Flaherty & Crumrine Prefd Inc Fund Inc PFD
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Flaherty & Crumrine Prefd Fund Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Diluted Average) of 13.44 Mil mean?
Flaherty & Crumrine Prefd Fund (PFD) has a Shares Outstanding (Diluted Average) of 13.44 Mil as of Nov. 2025. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Flaherty & Crumrine Prefd Fund and its competitors.
Is Flaherty & Crumrine Prefd Fund's Shares Outstanding (Diluted Average) too high?
Flaherty & Crumrine Prefd Fund's current Shares Outstanding (Diluted Average) is 13.44 Mil. Overall, Flaherty & Crumrine Prefd Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Prefd Fund's Shares Outstanding (Diluted Average) compare to IGA and MSD?
Flaherty & Crumrine Prefd Fund's Shares Outstanding (Diluted Average) of 13.44 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Flaherty & Crumrine Prefd Fund and its competitors. Flaherty & Crumrine Prefd Fund's current Shares Outstanding (Diluted Average) is 13.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Prefd Fund stock overvalued right now?
Flaherty & Crumrine Prefd Fund (PFD) has a current Shares Outstanding (Diluted Average) of 13.44 Mil. The current Shares Outstanding (Diluted Average) is 13.44 Mil. Flaherty & Crumrine Prefd Fund's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Flaherty & Crumrine Prefd Fund (PFD), the current Shares Outstanding (Diluted Average) is 13.44 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Flaherty & Crumrine Prefd Fund Business Description

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 high current income consistent with the preservation of capital. The fund invests 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.
30GF Score

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Shares Outstanding (Diluted Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.59
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