Flaherty & Crumrine Fund Files Proxy Materials

TL;DR

Flaherty & Crumrine Fund dropped proxy materials for shareholder vote. Check your mail.

AI Summary

Flaherty & Crumrine Preferred and Income Securities Fund Inc. filed definitive additional proxy materials on April 28, 2025. This filing relates to the solicitation of proxies for the Fund's upcoming annual meeting. The materials are intended to provide shareholders with information necessary to vote on matters presented at the meeting.

Why It Matters

This filing is important for shareholders of the Flaherty & Crumrine Preferred and Income Securities Fund Inc. as it contains information and proposals on which they will be asked to vote at the annual meeting.

Risk Assessment

Risk Level: low — This is a routine filing of proxy materials for a shareholder meeting, not indicating any unusual financial distress or significant corporate action.

Key Players & Entities

• Flaherty & Crumrine Preferred and Income Securities Fund Inc. (company) — Registrant
• Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC (company) — Filer
• 0001174164 (company) — Central Index Key
• 811-21129 (company) — SEC File Number
• 20250428 (date) — Filing Date

FAQ

From the Filing

0001387131-25-000141.txt : 20250428 0001387131-25-000141.hdr.sgml : 20250428 20250428162855 ACCESSION NUMBER: 0001387131-25-000141 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250428 DATE AS OF CHANGE: 20250428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC CENTRAL INDEX KEY: 0001174164 ORGANIZATION NAME: EIN: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-21129 FILM NUMBER: 25880804 BUSINESS ADDRESS: STREET 1: 301 E COLORADO BLVD STE 800 STREET 2: C/O FLAHERTY & CRUMRINE INC CITY: PASADENA STATE: CA ZIP: 91101 BUSINESS PHONE: (626) 795-7300 MAIL ADDRESS: STREET 1: 301 E COLORADO BLVD STE 800 STREET 2: C/O FLAHERTY & CRUMRINE INC CITY: PASADENA STATE: CA ZIP: 91101 FORMER COMPANY: FORMER CONFORMED NAME: Flaherty & Crumrine PREFERRED SECURITIES INCOME FUND INC DATE OF NAME CHANGE: 20130307 FORMER COMPANY: FORMER CONFORMED NAME: Flaherty & Crumrine/CLAYMORE PREFERRED SECURITIES INCOME FUND INC DATE OF NAME CHANGE: 20050708 FORMER COMPANY: FORMER CONFORMED NAME: F&C/CLAYMORE PREFERRED SECURITIES INCOME FUND INC DATE OF NAME CHANGE: 20020702 DEFA14A 1 ffc-defa14a_042825.htm ADDITIONAL DEFINITIVE PROXY SOLICITING MATERIALS fc-proxy_041625 SCHEDULE 14A PROXY STATEMENT 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 Securities 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 Incorporated Flaherty & Crumrine Preferred and Income Fund (NYSE: PFD) Flaherty & Crumrine Preferred and Income Opportunity Fund (NYSE: PFO) Flaherty & Crumrine Preferred and Income Securities Fund (NYSE: FFC) Flaherty & Crumrine Total Return Fund (NYSE: FLC) Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE: DFP) ANNUAL MEETING OF SHAREHOLDERS ADJOURNED! WE NEED YOUR PARTICIPATION! Dear Valued Shareholder, We have been trying to reach you regarding the Annual Meeting of Shareholders of the above-mentioned Funds (the “Funds”). The Annual Meeting of Shareholders was originally slated for April 16 th , 2025, but has been adjourned for a second time until May 6 th , 2025 due to a lack of shareholder participation . Our records indicate we have not yet received your vote, therefore we are asking you to please take a moment now to submit your vote. Shareholders are being asked to vote on the following proposals: Pr