Latest news with #PFO


Business Wire
23-07-2025
- Business
- Business Wire
PFD, PFO, FFC, FLC and DFP Announce Dividends for August, September and October
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of 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) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have declared per share dividends for August, September and October 2025. These announcements are detailed below: Each fund's fiscal year ends on November 30, 2025. The tax breakdown of all 2025 distributions will be available early in 2026. Website: Past performance is not indicative of future performance. An investor should consider the fund's investment objective, risks, charges and expenses carefully before investing. To the extent any portion of the distribution is estimated to be sourced from something other than income, such as return of capital, the source would be disclosed on a Section 19(a)-1 letter located under the 'SEC Filings and News' section of the funds' website. The actual amounts and sources of the amounts for tax reporting purposes will depend upon a fund's investment performance during the remainder of its fiscal year and may be subject to change based on tax regulations. A distribution rate that is largely comprised of sources other than income may not be reflective of a fund's performance. PFD, PFO and FFC invest primarily in preferred and other income-producing securities with an investment objective of high current income consistent with preservation of capital. FLC invests primarily in preferred and other income-producing securities with a primary investment objective of high current income and a secondary objective of capital appreciation. DFP invests primarily in preferred and other income-producing securities with an investment objective of total return, with an emphasis on high current income. PFD, PFO, FFC, FLC and DFP are managed by Flaherty & Crumrine Incorporated, an independent investment adviser which was founded in 1983 to specialize in the management of portfolios of preferred and related income-producing securities.


Press and Journal
21-04-2025
- Health
- Press and Journal
Oban dad opens up after life-changing surgery - and thanks those who helped make it happen
A dad of two from Oban has said a sincere thank you to the people of the town and beyond who helped pay for a life-changing operation. Scott Rowan, 33, underwent a procedure to repair a hole in his heart at a specialist heart centre in Bristol last Wednesday, April 16. His procedure came just weeks after launching a GoFundMe page to raise the money to make the operation possible. With a family history of strokes and heart attacks, Mr Rowan had been told he was at greater risk of stroke and heart attack. But due to NHS rules, until he had suffered either of these devastating effects, an operation to close the hole was not available to him. Mr Rowan, a commercial diver by trade, had thought it might be a year or so until he managed to raise the cash for the operation – but thanks to the people of Oban and beyond, he raised the money in a matter of days. Last week, he and his partner, Courteney and their older daughter, Amber travelled to the Bristol Heart Institute for the surgery to close the hole in his heart. A 25mm device was fitted over a hole that was around 15–20mm wide. While he is delighted to have had the operation, saying it takes a 'weight off his shoulders', he is mindful of others in similar situations. He said: 'The operation was straightforward and only lasted for an hour. The fact that something which takes only an hour isn't done by the NHS…' Scott said that, having lost members of his own family to stroke, he himself was at risk of a stroke and heart attack because of the defect. He is living with a condition known as Patent Foraman Ovale (PFO) better known as a hole in the heart. PFO is a hole between the left and right atria in the upper chambers of the heart. This hole exists in everyone before birth, but most often closes shortly after being born. PFO is what the hole is called when it fails to close naturally. Scott lost his mum, Allison Gourlay, back in 2017 at the age of 47. She died from the same condition as Scott. A cousin has also been diagnosed with PFO. He continued: 'It cost £19,600 for the operation, plus travel. I had to go down twice to Bristol for appointments before the procedure. 'So far it has cost me around £23,000 to £24,000, and I have to go back down again in three months, and again three months after that.' He added: 'I just have to take it easy for at least three months, so there will be no weight lifting for a wee while. 'Courteney will be delighted she doesn't have to worry about me lifting weights. But I could go running again in two to three weeks.' Mr Rowan's procedure was carried out as a day patient; he arrived at the hospital at 8am, was taken down to theatre at 10am, and was in recovery shortly after 11am. He was kept in for monitoring. He travelled back to Oban on Friday, where he has been recovering at home with his family. 'I'm well, although I will be taking it easy for a short while. I can't feel much, but it does feel different. I can feel something in my chest, but I've been told that's just the area adjusting to the device.' 'I'm very grateful to the people of Oban and beyond who made this procedure possible for me, and for Courteney, who constantly goes above and beyond. 'Our girls have been great and are keeping me busy.' 'I hope in a few months I can get my diving ticket back and return to the work I love. I haven't been able to do it with a hole in my heart. 'I've been working as a labourer, but I can't wait to get back into the sea, doing what I love. 'I can't put into words how grateful we all are. I am overwhelmed.'