The Flaherty & Crumrine Preferred and Income Fund (PFD) is a closed-end fund that aims to provide its investors with a high level of current income. However, the fund’s current yield is lower than ...
Payments for this year’s permanent fund dividend started Thursday. More than 600,000 Alaskans will get the $1,000 PFD – and when adjusted for inflation, it’s the smallest amount in state history.