# EDGAR Filing Document

**Accession Number:** 0001559991
**File Stem:** 0001999371-25-008128
**Filing Date:** 2025-6
**Character Count:** 5329
**Document Hash:** 826dd6aa1fef6fd7d7c65ab50f0a06b5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-008128.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001999371-25-008128

**CONFORMED SUBMISSION TYPE**: DEFA14A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Flaherty & Crumrine Dynamic Preferred & Income Fund Inc
- **CENTRAL INDEX KEY:** 0001559991

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** DEFA14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-22762
- **FILM NUMBER:** 251064486

**BUSINESS ADDRESS:**
- **BUSINESS PHONE:** 626-795-7300

**MAIL ADDRESS:**
- **STREET 1:** 301 E. COLORADO BOULEVARD, SUITE 800
- **STREET 2:** C/O FLAHERTY & CRUMRINE INC
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Flaherty & Crumrine Preferred & Income Allocation Fund Inc
- **DATE OF NAME CHANGE:** 20121019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Flaherty & Crumrine Global Preferred & Income Securities Fund Inc
- **DATE OF NAME CHANGE:** 20121010

**SCHEDULE 14A**

 **PROXY STATEMENT**

**PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934**

Filed by Registrant ☒

Filed by Party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential for Use of the Commission Only as permitted by Rule 14a-6(e)(2)

☐ Definitive Proxy Statement

☒ Definitive Additional Materials

☐ Soliciting Material Pursuant to Rule 14a-11c or Rule 14a-12

**Flaherty & Crumrine Dynamic Preferred<br> and Income Fund Incorporated**

(Name of Registrant as Specified in Its Charter)

_______________________________________

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

☒ No fee required

☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11

(1) Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11. (Set forth the
 amount on which the filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

(5) Total fee paid:

☐ Fee paid previously with preliminary materials.

☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

(1) Amount previously paid:

(2) Form, Schedule or Registration Statement No.:

(3) Filing Party:

(4) Date Filed:

![](dfp_logo.jpg)

**<u>YOU ARE ONE OF THE ESTIMATED TOP 250 SHAREHOLDERS WHO HAVE NOT YET VOTED!</u>**

PLEASE KNOW THAT WE WOULD NOT UNDERTAKE THE EXPENSE OF THIS OVERNIGHT PACKAGE TO YOU UNLESS YOUR VOTE WAS VITAL.

June 20, 2025

Dear Shareholder:

We hope this overnight package conveys how much we truly need **YOUR** vote! **Even if you simply cast an abstain vote, it would be extremely helpful.** 

The Annual Meeting of shareholders of Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: **DFP**), originally scheduled for April 16, 2025, has been adjourned again until June 30, 2025 due to lack of quorum to hold the meeting. Shareholders are being asked to vote on the following proposals:

**<u>Proposal 1:</u>** To elect directors.

**<u>Proposal 2:</u>** To approve a new investment advisory agreement with Flaherty & Crumrine Incorporated for the fund.

The Board of Directors of the fund unanimously recommends that you vote FOR the proposals. To date, an overwhelming majority of the votes received have been cast in favor of the proposals. There simply have not been a suﬃcient number shares voted to reach the participation level required for quorum.

Except for date and the initial term, ***the terms of the new advisory agreements are identical to the terms of the current agreements, including having identical advisory fees***. Additionally, the day-to-day management of Flaherty & Crumrine and the investment objectives and strategies of the fund will not change as a result of the fund's entry into the new investment advisory agreement. The full proxy statement can be found here: www.Okapivote.com/Flaherty.

In order for your vote to be represented and the meeting to reach quorum, ***<u>we must receive your voting instructions. Your voting options for each proposal are For, Against or Abstain. Casting an Abstain vote is neither for nor against the proposals, it is simply appearing at the meeting for quorum.</u>*** PLEASE SUBMIT YOUR VOTE TODAY USING ONE OF THE FOLLOWING OPTIONS:

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| | |
|:---|:---|
| 1. | By Internet |
|  | Follow the simple instructions on the enclosed proxy card. |

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2. By Phone <br> Call the toll-free number listed on the enclosed proxy card and follow the simple voice prompts.

If you have any questions, please call Okapi Partners, the fund's proxy solicitor, toll-free at **(877) 279-2311.** Representatives are available Monday - Friday 9:00am to 8:00pm (ET). Thank you for your continued support of the fund and your assistance in this matter.