The Flaherty & Crumrine Dynamic Preferred & Income Fund, Inc. (DFP) is a mutual fund that focuses on generating income and capital appreciation through investments in preferred securities and other income-producing securities. Managed by Flaherty & Crumrine Incorporated, a leading investment management firm, this fund utilizes a dynamic approach to investing, actively adjusting its portfolio to take advantage of market opportunities. With a focus on preferred securities, which offer a fixed income stream and potential for capital appreciation, this fund may be suitable for investors seeking a steady stream of income and potential for long-term growth.