Flaherty & Crumrine Dynamic Preferred and Income Fund FY26 first-half net investment income rises to $15.99 million
DFP•First-half results
Flaherty & Crumrine Dynamic Preferred and Income Fund posted net investment income of $15.99 million for the six months ended May 31, 2026.
Net realized and unrealized loss on investments totaled $5.27 million, including $56,967 of realized gains and $5.32 million of unrealized losses.
Management commentary
Management cited resilient preferred and CoCo markets despite the Iran conflict, while noting fixed-rate securities were about 14% of the portfolio.
Net assets and returns
Net assets available to common stock fell $5.73 million to $462.47 million, reflecting $10.72 million from operations and $16.45 million of distributions.
Total return on NAV was 2.60%, while total return on market price was 0.62%.
