Flaherty & Crumrine Preferred Income Fund (PFD)
Filed: 5 Aug 21, 12:04pm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-06179
Flaherty & Crumrine Preferred and Income Fund Incorporated
| (Exact name of registrant as specified in charter) |
| 301 E. Colorado Boulevard, Suite 800 | ||
| Pasadena, CA 91101 | ||
| (Address of principal executive offices) (Zip code) |
R. Eric Chadwick Flaherty & Crumrine Incorporated 301 E. Colorado Boulevard, Suite 800 Pasadena, CA 91101 | ||
| (Name and address of agent for service) |
Registrant’s telephone number, including area code: 626-795-7300
Date of fiscal year end: November 30
Date of reporting period: July 1, 2020 – June 30, 2021
Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2020 TO JUNE 30, 2021
REGISTRANT NAME: Flaherty & Crumrine Preferred and Income Fund Incorporated
INVESTMENT COMPANY ACT FILE NUMBER: 811 - 06179
REPORTING PERIOD: 07/01/2020 - 06/30/2021
REGISTRANT ADDRESS: 301 E. Colorado Boulevard, Suite 800, Pasadena, California 91101
| Issuer of Portfolio Security | Exchange Ticker Symbol | CUSIP # | Shareholder Meeting Date | Summary of Matter Voted On | Who Proposed Matter: Issuer / Shareholder | Whether Fund Cast Vote on Matter | Fund's Vote For or Against Proposal, or Abstain; For or Withhold Regarding Election of Directors | Whether Vote Was For or Against Management |
| BARCLAYS PLC | BACR | 148104158 | 12/16/2020 | Upon a cessation event, the margin applicable to these securities remains unaltered | Issuer | Yes | For | For |
| BARCLAYS PLC | BACR | 148104158 | 12/16/2020 | Upon cessation event, an adjustment is made to reflect the economic difference between a LIBOR linked mid-swap rate and UST rates | Issuer | Yes | For | For |
| BARCLAYS PLC | BACR | 148104158 | 12/16/2020 | Upon occurrence of a cessation event in respect of 6 month USD LIBOR, replacing LIBOR linked mid-swap rate by an interest basis determined by reference to a UST rate | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Annual vote on executive compensation plan | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Approval of amendment to eliminate cumulative voting | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Approval of amendment to eliminate statutory supermajority vote requirements | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Approval of executive compensation plan | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Approve 2021 incentive comp plan | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Approve auditor | Issuer | Yes | For | For |
| FIFTH THIRD BANCORP | FITB | 316773886 | 4/13/2021 | Approve directors | Issuer | Yes | For | For |
| SIGNATURE BANK | SBNY | 82669G203 | 6/29/2021 | Approve amendment to 2004 Long-Term Incentive plan to increase the number of shares for issuance under the plan by 1.25 million shares | Issuer | Yes | For | For |
| SIGNATURE BANK | SBNY | 82669G203 | 6/29/2021 | Approve the bank's $500 million stock repurchase plan | Issuer | Yes | For | For |
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Registrant | Flaherty & Crumrine Preferred and Income Fund Incorporated |
| By (Signature and Title)* | /s/ R. Eric Chadwick |
| R. Eric Chadwick, Chief Executive Officer and President | |
| (Principal Executive Officer) |
| Date | August 5, 2021 |
*Print the name and title of each signing officer under his or her signature.