PFD Alternatives & Similar Mutual Funds

Flaherty & Crumrine Preferred Income Fund (PFD) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PFD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PFD

PFD charges 1.29% annually. There are 23 mutual funds in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
HPS	John Hancock Preferred Income Fund III	0.01%	—	Jun 2003	PFD vs HPS
HPI	John Hancock Preferred Income Fund	0.01%	—	Aug 2002	PFD vs HPI
HPF	John Hancock Preferred Income Fund II	0.01%	—	Jan 2005	PFD vs HPF
JPC	Nuveen Preferred and Income Opportunities Fund	0.01%	—	Mar 2003	PFD vs JPC
LDP	Cohen and Steers Limited Duration Preferred and In...	0.01%	—	May 2012	PFD vs LDP

Best Risk-Adjusted Alternatives to PFD

PFD has a PortfoliosLab risk / return rank of 18. There are 24 mutual funds in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
PISHX	Cohen & Steers Preferred Securities and Income SMA...	88	—	Feb 2019	PFD vs PISHX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	86	—	Apr 2011	PFD vs DPIIX
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	86	—	Nov 2015	PFD vs LPXZX
CICVX	Calamos Convertible Fund	84	—	Jun 1997	PFD vs CICVX
CCVIX	Calamos Convertible Fund	83	—	Jun 1985	PFD vs CCVIX

Top Performing PFD Alternatives (YTD)

PFD is at 0.52% YTD. There are 31 mutual funds in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 22.46%.

Symbol	Name	YTD Return	AUM	Inception
CICVX	Calamos Convertible Fund	22.46%	—	Jun 1997	PFD vs CICVX
CCVIX	Calamos Convertible Fund	22.30%	—	Jun 1985	PFD vs CCVIX
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	18.62%	—	Oct 2018	PFD vs FIQVX
FCVSX	Fidelity Convertible Securities Fund	18.58%	—	Jan 1987	PFD vs FCVSX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	18.57%	—	Feb 2009	PFD vs FICVX

Lowest Volatility Alternatives to PFD

PFD has 8.84% 1-year volatility. There are 16 mutual funds in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 1.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	1.87%	—	Nov 2015	PFD vs LPXZX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	2.12%	—	Apr 2011	PFD vs DPIIX
PCSFX	Principal Capital Securities Fund	2.14%	—	Mar 2014	PFD vs PCSFX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	2.40%	—	Feb 2019	PFD vs PISHX
PPSIX	Principal Spectrum Preferred and Capital Securitie...	2.41%	—	Apr 2002	PFD vs PPSIX

Lowest Drawdown Alternatives to PFD

PFD has a 1-year max drawdown of -8.05%. There are 24 mutual funds in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.14%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	-2.14%	—	Nov 2015	PFD vs LPXZX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	-2.39%	—	Apr 2011	PFD vs DPIIX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	-2.83%	—	Feb 2019	PFD vs PISHX
JPDIX	JPMorgan Preferred and Income Securities Fund	-2.92%	—	Mar 2022	PFD vs JPDIX
PCSFX	Principal Capital Securities Fund	-2.97%	—	Mar 2014	PFD vs PCSFX

Other Mutual Funds from Flaherty & Crumrine

The 2 most viewed Flaherty & Crumrine mutual funds shown here include FLC, PFO and span 2 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FLC	Flaherty & Crumrine Total Return Fund Inc	Financials Equities	14	0.16%	—	Aug 2003	PFD vs FLC
PFO	Flaherty & Crumrine Preferred and Income Opportuni...	Preferred Stock/Convertible Bonds	17	0.87%	—	Feb 1992	PFD vs PFO

Often Compared With PFD

Investors most often compare PFD with LBFFX, PFFA, NCV. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
LBFFX	Lord Abbett Convertible Fund Class F	Preferred Stock/Convertible Bonds	71	16.23%	—	—	PFD vs LBFFX
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	34	1.63%	2.45B	May 2018	PFD vs PFFA
NCV	Virtus Convertible and Income Fund	Preferred Stock/Convertible Bonds	74	17.61%	—	Mar 2003	PFD vs NCV
FTCVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	72	18.25%	—	Feb 2009	PFD vs FTCVX
FCCVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	71	18.20%	—	Feb 2009	PFD vs FCCVX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	Preferred Stock/Convertible Bonds	79	2.17%	—	May 2010	PFD vs CPXIX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	73	1.04%	—	Dec 2006	PFD vs NPSRX
PFINX	PIMCO Preferred and Capital Securities Fund	Preferred Stock/Convertible Bonds	73	2.44%	—	Apr 2015	PFD vs PFINX
FACVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	73	18.44%	—	Feb 2009	PFD vs FACVX
PDIV.TO	Purpose Enhanced Dividend Fund ETF	Dividend	92	9.98%	229.70M	Jan 2018	PFD vs PDIV.TO
RCDC.TO	RBC Canadian Dividend Covered Call ETF	Derivative Income	96	17.67%	—	Jan 2023	PFD vs RCDC.TO
ZPR.TO	BMO Laddered Preferred Share Index ETF	Preferred Stock/Convertible Bonds	97	7.75%	1.60B	Nov 2012	PFD vs ZPR.TO
CPD.TO	iShares S&P/TSX Canadian Preferred Share Index ETF	Preferred Stock/Convertible Bonds	94	5.36%	1.08B	Apr 2007	PFD vs CPD.TO
HYLD.TO	Hamilton Enhanced U.S. Covered Call ETF	Derivative Income	74	14.77%	1.32B	Feb 2022	PFD vs HYLD.TO
HHIS.TO	Harvest Diversified High Income Shares ETF	Derivative Income	22	7.91%	1.87B	Jan 2025	PFD vs HHIS.TO
HDIV.TO	Hamilton Enhanced Canadian Covered Call ETF	Derivative Income	95	19.24%	1.74B	Jul 2021	PFD vs HDIV.TO
PGIC.TO	Premium Global Income Split Corp.		96	27.08%	—	—	PFD vs PGIC.TO
EQCC.TO	Global X All-Equity Asset Allocation Covered Call ...	Derivative Income	83	12.51%	—	May 2024	PFD vs EQCC.TO
FTS-PH.TO	Fortis Inc.		89	9.03%	—	—	PFD vs FTS-PH.TO
ZLB.TO	BMO Low Volatility Canadian Equity ETF	Canada Equities	54	7.77%	6.24B	Oct 2011	PFD vs ZLB.TO

Compare PFD with Any Fund or Stock

Compare PFD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PFD with funds that move differently

Flaherty & Crumrine Preferred Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PFD.

Explore PFD Diversifiers

Flaherty & Crumrine Preferred Income Fund (PFD) Alternatives