The Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (FFC) is a mutual fund that primarily invests in preferred and income securities. These securities may include preferred stocks, convertible securities, and debt instruments issued by companies in various industries. The fund aims to provide investors with a steady stream of income through its diversified portfolio of high-quality securities. Managed by Flaherty & Crumrine Incorporated, a leading investment management firm, FFC seeks to generate attractive returns while also managing risk through active management and research-driven investment strategies.