Flaherty & Crumrine Preferred Income Opportunity Fund Inc.

Flaherty & Crumrine Preferred Income Opportunity Fund Inc.verified

PFO

Price:

$9.38

Market Cap:

$122.67M

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. is a closed ended equity mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the financial services sector. The fund primarily invests in preferred securities. It benchmarks the performance of its portfolio against S&P 500 Index and Barclays Capital U.S. Aggregate Index. Flaherty & Crumrine Preferred Income Opportunity Fund Inc. was formed on December 10, 1991 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1992-02-06

Stock Exchange

NYSE

Ticker

PFO

The Current Ratio as of September 2024 (TTM) for Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) is 1.99

According to Flaherty & Crumrine Preferred Income Opportunity Fund Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.99. This represents a change of -36.87% compared to the average of 3.16 of the last 4 quarters.

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) Historical Current Ratio (quarterly & annually)

How has PFO Current Ratio performed in the past?

The mean historical Current Ratio of Flaherty & Crumrine Preferred Income Opportunity Fund Inc. over the last ten years is 8.09. The current 1.99 Current Ratio has changed 2.36% with respect to the historical average. Over the past ten years (40 quarters), PFO's Current Ratio was at its highest in in the May 2018 quarter at 23.11. The Current Ratio was at its lowest in in the February 2020 quarter at 1.00.

Quarterly (TTM)
Annual

Average

8.09

Median

8.06

Minimum

2.79

Maximum

14.54

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Flaherty & Crumrine Preferred Income Opportunity Fund Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 196.86%

Maximum Annual Current Ratio = 14.54

Minimum Annual Increase = -59.23%

Minimum Annual Current Ratio = 2.79

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.31-27.29%
20225.93-59.23%
202114.542.63%
202014.1671.21%
20198.27196.86%
20182.79-33.48%
20174.19-47.36%
20167.96-2.53%
20158.17-22.63%
201410.5521.21%

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) Average Current Ratio

How has PFO Current Ratio performed in the past?

The current Current Ratio of Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.26

5-year avg

9.44

10-year avg

8.09

Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (PFO) Current Ratio vs. Peers

How is PFO’s Current Ratio compared to its peers?

Flaherty & Crumrine Preferred Income Opportunity Fund Inc.’s Current Ratio is less than Flaherty & Crumrine Preferred Income Fund Inc. (0), less than Flaherty & Crumrine Preferred Securities Income Fund Inc. (2.05), less than Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (2.07), greater than John Hancock Preferred Income Fund II (0), less than John Hancock Preferred Income Fund (4.97), less than John Hancock Preferred Income Fund III (5.07), less than John Hancock Premium Dividend Fund (4.93), greater than John Hancock Tax-Advantaged Dividend Income Fund (0.03), greater than Neuberger Berman Municipal Fund Inc. (0.03), greater than Dividend and Income Fund (0), greater than Ashford Inc. (0), greater than Credit Suisse High Yield Bond Fund, Inc. (1.09), greater than null (0.13),

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