
Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) ten years ago, at the end of Oct 2016, was worth $15,358 at the end of Oct 2026 with every dividend reinvested: 4.4% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $39,860 reinvested (7.6% a year), or $24,864 taking the dividends as cash, $15,804 of it paid out along the way.
PFO became
$39,860
S&P 500: $72,756
Return a year
7.6%
S&P 500: 11.1%
Payouts reinvested
$36,543
bought more shares
Worst drop
-57.8%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | PFO total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −3.6% | $2,512 | +11.7% |
| 2025 | +12.4% | $2,723 | +17.7% |
| 2024 | +21.5% | $2,436 | +24.9% |
| 2023 | −0.6% | $2,093 | +26.2% |
| 2022 | −27.2% | $2,546 | −18.2% |
| 2021 | +3.6% | $2,616 | +28.7% |
| 2020 | +13.4% | $2,205 | +18.3% |
| 2019 | +25.0% | $2,186 | +31.2% |
| 2018 | −4.2% | $2,077 | −4.6% |
| 2017 | +14.1% | $2,101 | +21.7% |
| 2016 | +12.4% | $1,987 | +12.0% |
| 2015 | +0.0% | $1,858 | +1.2% |
| 2014 | +23.8% | $1,686 | +13.5% |
| 2013 | −2.2% | $1,660 | +32.3% |
| 2012 | +9.6% | $1,693 | +16.0% |
| 2011 | +29.2% | $1,422 | +1.9% |
| 2010 | +24.9% | $1,141 | +15.1% |
| 2009 | +99.1% | $748 | +26.4% |
| 2008 | −45.6% | $852 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: PFO total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) at the end of Dec 2007, with dividends reinvested, was worth $39,860 at the end of Oct 2026: 7.6% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, PFO turned $10,000 into $15,358 with dividends reinvested, 4.4% a year.
- Over the 5 years to Oct 2026, PFO returned -0.9% a year with dividends reinvested (S&P 500: 12.0%).
- Taking PFO's dividends as cash instead of reinvesting them, the same $10,000 ended at $24,864, including $15,804 of cash received; reinvesting added $14,997.
- PFO's best calendar year in that time was 2009 (99.1%) and its worst 2008 (-45.6%), with dividends reinvested.
Cite this page
SmarterDividends, "Flaherty & Crumrine Preferred Income Opportunity Fund (PFO) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/PFO/total-return
PFO total return questions
If I invested $10,000 in PFO 10 years ago, how much would I have?
About $15,358 at the end of Oct 2026, with every dividend reinvested: 4.4% a year. Taking them as cash, you'd have shares worth $7,638 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is PFO's total return since Dec 2007?
299% in total, or 7.6% a year, through Oct 2026 with dividends reinvested. The share price alone fell 9%.
How much of PFO's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $14,997 better off on a $10,000 start.
What was PFO's worst year?
2008, at -45.6% with dividends reinvested (S&P 500: -36.8%). Its deepest fall from a peak, on month-end values, was -57.8%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.
