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ADAML Vs. ADAMI: Comparing Adamas Trust PFD And NoteSeeking Alpha · Jul 31, 2026The Flaherty & Crumrine Preferred Income Fund Inc. is a closed-end mutual fund, managed by Flaherty & Crumrine Incorporated, primarily investing in preferred securities within the public equity markets of the United States. The fund concentrates its holdings on companies operating in the financial sector. Its performance is benchmarked against both the Barclays Capital U.S.