Flaherty & Crumrine Preferred & Income Opportunity Fund Inc. Announces Annual Meeting

TL;DR

<b>Flaherty & Crumrine Preferred & Income Opportunity Fund Inc. has filed its Definitive Proxy Statement for the Annual Shareholder Meetings on April 17, 2024.</b>

AI Summary

Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC (PFO) filed a Proxy Statement (DEF 14A) with the SEC on March 4, 2024. The Flaherty & Crumrine Preferred & Income Opportunity Fund Inc. (PFO) filed a Definitive Proxy Statement (DEF 14A). The filing is dated March 4, 2024, and pertains to the Annual Meetings of Shareholders. The Annual Meetings are scheduled to be held on April 17, 2024. The company's business address is 301 E Colorado Blvd Ste 720, Pasadena, CA 91101. The filing fee is marked as 'No fee required'.

Why It Matters

For investors and stakeholders tracking Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC, this filing contains several important signals. This filing provides shareholders with essential information regarding the upcoming annual meetings, including details about the agenda and any proposals to be voted upon. Shareholders need to be aware of the meeting date to exercise their voting rights on important corporate matters.

Risk Assessment

Risk Level: low — Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC shows low risk based on this filing. The filing is a routine DEF 14A proxy statement, indicating standard corporate governance procedures rather than significant new developments or risks.

Analyst Insight

Shareholders should review the proxy materials to understand the proposals and exercise their voting rights at the April 17, 2024 meeting.

Key Numbers

• 2024-04-17 — Annual Meeting Date (Date of Annual Meetings of Shareholders)
• 2024-03-04 — Filing Date (Date the Definitive Proxy Statement was filed)

Key Players & Entities

• Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC (company) — Registrant
• PFO (company) — Ticker symbol for Flaherty & Crumrine Preferred & Income Opportunity Fund Inc.
• 20240304 (date) — Filing date
• 20240417 (date) — Date of Annual Meetings of Shareholders
• 301 E COLORADO BLVD STE 720 (address) — Business address
• PASADENA (location) — City of business address
• CA (location) — State of business address
• 91101 (postal_code) — ZIP code of business address

FAQ

Industry Context

Flaherty & Crumrine Preferred & Income Opportunity Fund Inc. is a closed-end investment company. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the proxy statement for details on proposals and voting procedures.
2. Attend or vote by proxy at the Annual Meetings on April 17, 2024.
3. Note the company's business and mailing addresses for correspondence.

Key Dates

• 2024-04-17: Annual Meetings of Shareholders — Shareholders will convene to vote on corporate matters.
• 2024-03-04: Filing Date — Definitive Proxy Statement filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing for the annual meeting, indicating a routine corporate governance event.

Key Financial Figures

• $0.01 — ck outstanding: common stock, par value $0.01 per share (the "Common Stock" or the "S

Filing Documents

• pfo-def14a_041724.htm (DEF 14A) — 461KB
• cover_01.jpg (GRAPHIC) — 10KB
• proxycardpfo001.jpg (GRAPHIC) — 1KB
• proxycardpfo002.jpg (GRAPHIC) — 2KB
• 0001999371-24-003018.txt (&nbsp;) — 481KB

From the Filing

DEF 14A 1 pfo-def14a_041724.htm DEFINITIVE PROXY STATEMENT SCHEDULE 14A PROXY PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by Registrant Filed by Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential for Use of the Commission Only as permitted by Rule 14a-6(e)(2) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Rule 14a-11c or Rule 14a-12 Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11 (1) Title of each class of securities to which transaction applies: ___________________________ (2) Aggregate number of securities to which transaction applies: ___________________________ (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11. (Set forth the amount on which the filing fee is calculated and state how it was determined): _______________________________________________________________________ (4) Proposed maximum aggregate value of transaction: ________________________________________ (5) Total fee paid: ______________________________________________________________________ Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount previously paid: ______________________________________________________________ (2) Form, Schedule or Registration Statement No.:_____________________________________________ (3) Filing Party: ________________________________________________________________________ (4) Date Filed: _________________________________________________________________________ FLAHERTY & CRUMRINE PREFERRED AND INCOME FUND INCORPORATED (NYSE: PFD) FLAHERTY & CRUMRINE PREFERRED AND INCOME OPPORTUNITY FUND INCORPORATED (NYSE: PFO) FLAHERTY & CRUMRINE PREFERRED AND INCOME SECURITIES FUND INCORPORATED (NYSE: FFC) FLAHERTY & CRUMRINE TOTAL RETURN FUND INCORPORATED (NYSE: FLC) FLAHERTY & CRUMRINE DYNAMIC PREFERRED AND INCOME FUND INCORPORATED (NYSE: DFP) 301 E. Colorado Boulevard, Suite 800 Pasadena, California 91101 NOTICE OF ANNUAL MEETINGS OF SHAREHOLDERS To Be Held on April 17, 2024 To the Shareholders: Notice is hereby given that the Annual Meetings of Shareholders (the "Annual Meetings") of Flaherty & Crumrine Preferred and Income Fund Incorporated, Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated, Flaherty & Crumrine Preferred and Income Securities Fund Incorporated, Flaherty & Crumrine Total Return Fund Incorporated and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (each, a "Fund" and collectively, the "Funds"), each a Maryland corporation, will be held on April 17, 2024, at 8:00 a.m. PDT, at the offices of Flaherty & Crumrine Incorporated, 301 E. Colorado Boulevard, Suite 800, Pasadena, California 91101, for the following purposes: Each Fund: 1. To elect Directors of each Fund (Proposal 1). 2. To transact such other business as may properly come before the Annual Meetings or any adjournments or postponements thereof. Your vote is important! The Board of Directors of each Fund has fixed the close of business on January 19, 2024 as the record date for the determination of shareholders of each Fund entitled to notice of, and to vote at, the Annual Meetings and any adjournments or postponements thereof. By Order of the Boards of Directors, March 4, 2024 Chad Conwell Secretary 2 Important Notice Regarding the Availability of Proxy Materials for the Annual Meetings to be Held on April 17, 2024 The notice of Annual Meetings, Joint Proxy Statement, proxy cards and each Fund's annual report, including audited financial statements for the fiscal year ended November 30, 2023, are available to you on the Funds' website - www.preferredincome.com or upon request, without charge, by writing to Computershare Inc., P.O. Box 43132, Providence, RI 02940-9434, United States, or by calling 1-866-351-7446 (U.S. toll-free) or 1-201-680-6578 (International). You are encouraged to review all of the information contained in the proxy materials before voting. To obtain directions to attend the Annual Meetings and vote in person, please call 1-626-795-7300. SEPARATE PROXY CARDS ARE ENCLOSED FOR EACH FUND IN WHICH YOU OWN SHARES. YOUR VOTE IS IMPORTANT REGARDLESS OF THE SIZE OF YOUR HOLDINGS IN THE FUND. WHETHER OR NOT YOU PLAN TO ATTEND THE RELEVANT ANNUAL MEETING(S), WE AS

View Full Filing

View this DEF 14A filing on SEC EDGAR