# EDGAR Filing Document

**Accession Number:** 0000868578
**File Stem:** 0002000324-25-002790
**Filing Date:** 2025-8
**Character Count:** 27766
**Document Hash:** 556fa6263b81937a4e4aa5201b97d681
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-25-002790.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0002000324-25-002790

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**EFFECTIVENESS DATE**: 20250815

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC
- **CENTRAL INDEX KEY:** 0000868578

**ORGANIZATION NAME:**
- **EIN:** 954305694
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06179
- **FILM NUMBER:** 251222468

**BUSINESS ADDRESS:**
- **STREET 1:** 301 E COLORADO BLVD STE 800
- **STREET 2:** C/O FLAHERTY & CRUMRINE INC
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** (626) 795-7300

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FLAHERTY & CRUMRINE PREFERRED INCOME FUND INC
- **DATE OF NAME CHANGE:** 20050708

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PREFERRED INCOME FUND INC
- **DATE OF NAME CHANGE:** 19920703

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0000868578

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Registered Management Investment Company

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** FLAHERTY  CRUMRINE PREFERRED  INCOME FUND INC

**Address:** 301 E. COLORADO BOULEVARD, SUITE 800, PASADENA, CA 91101

**Telephone number:** 626-795-7300

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 811-06179

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 254900LXRIT34GQY5I69

**Report Type (check only one):**

Institutional Manager.

- [ ] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [x] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER               | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                                                                                                                          | VOTE CATEGORY              |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| CADENCE BANK                 | 12740C202 | 12/30/2024     | To Approve the Second Amended and Restated Articles of Incorporation to Implement Repurchases of Cadence Bank Common and Preferred Stock                                                                                                                                                                                                                                                                                  | CAPITAL STRUCTURE          |          23100 |                0 | AGAINST     |                                    23100 | AGAINST                     |  |
| CADENCE BANK                 | 12740C202 | 12/30/2024     | To Adjourn the Meeting, if Necessary, to Allow Time for Further Soliciation of Proxies                                                                                                                                                                                                                                                                                                                                    | OTHER                      |          23100 |                0 | AGAINST     |                                    23100 | AGAINST                     |  |
| ENSTAR GROUP LIMITED         | 29359U109 | 11/06/2024     | To approve (a) the Agreement and Plan of Merger dated as of July 29, 2024 (the "Merger Agreement"), by and among Enstar, Elk Bidco Limited ("Parent"), Elk Merger Sub Limited ("Parent Merger Sub"), Deer Ltd. ("New Company Holdco") and Deer Merger Sub Ltd. ("Company Merger Sub"), pursuant to which (i) Company Merger Sub will merge with and into Enstar, with Enstar surviving the merger (the "First Merger")... | EXTRAORDINARY TRANSACTIONS |          45000 |                0 | FOR         |                                    45000 | FOR                         |  |
| ENSTAR GROUP LIMITED         | 29359U109 | 11/06/2024     | To approve an adjournment of the Special Meeting, from time to time, if necessary or appropriate, including to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the proposal to approve the Merger Agreement and the Mergers.                                                                                                                                     | EXTRAORDINARY TRANSACTIONS |          45000 |                0 | FOR         |                                    45000 | FOR                         |  |
| FT REAL ESTATE SECS CO       | 302663208 | 06/10/2025     | The election of FTRESCI's 5 directors: Walter Dogget III                                                                                                                                                                                                                                                                                                                                                                  | DIRECTOR ELECTIONS         |              1 |                0 | WITHHOLD    |                                        1 | NONE                        |  |
| FT REAL ESTATE SECS CO       | 302663208 | 06/10/2025     | The election of FTRESCI's 5 directors: Jeff L. Fleming                                                                                                                                                                                                                                                                                                                                                                    | DIRECTOR ELECTIONS         |              1 |                0 | WITHHOLD    |                                        1 | NONE                        |  |
| FT REAL ESTATE SECS CO       | 302663208 | 06/10/2025     | The election of FTRESCI's 5 directors: Shawn P. Luke                                                                                                                                                                                                                                                                                                                                                                      | DIRECTOR ELECTIONS         |              1 |                0 | WITHHOLD    |                                        1 | NONE                        |  |
| FT REAL ESTATE SECS CO       | 302663208 | 06/10/2025     | The election of FTRESCI's 5 directors: David T. Popwell                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |              1 |                0 | WITHHOLD    |                                        1 | NONE                        |  |
| FT REAL ESTATE SECS CO       | 302663208 | 06/10/2025     | The election of FTRESCI's 5 directors: Dane P. Smith                                                                                                                                                                                                                                                                                                                                                                      | DIRECTOR ELECTIONS         |              1 |                0 | WITHHOLD    |                                        1 | NONE                        |  |
| FT REAL ESTATE SECS CO       | 302663208 | 06/10/2025     | Such other business as may properly come before the Meeting or any adjournments thereof                                                                                                                                                                                                                                                                                                                                   | OTHER                      |              1 |                0 | WITHHOLD    |                                        1 | NONE                        |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Deirdre P. Connelly                                                                                                                                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Ellen G. Cooper                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: William H. Cunningham                                                                                                                                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Reginald E. Davis                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Eric G. Johnson                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Gary C. Kelly                                                                                                                                                                                                                                                                                                                                                                                       | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: M. Leanne Lachman                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Dale LeFebvre                                                                                                                                                                                                                                                                                                                                                                                       | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: James Morris                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Election of Director: Owen Ryan                                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS         |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | The Ratification of the Appointment of Ernst and Young LLP as the Independent Registered Public Accounting Firm for 2025                                                                                                                                                                                                                                                                                                  | AUDIT-RELATED              |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | The approval of an advisory resolution on the compensation of our named executive officers                                                                                                                                                                                                                                                                                                                                | COMPENSATION               |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | The approval of an amendment to the Lincoln National Corporation 2020 Incentive Compensation Plan                                                                                                                                                                                                                                                                                                                         | COMPENSATION               |          16900 |                0 | FOR         |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187885 | 05/22/2025     | Shareholder Proposal to amend our governing documents to provide for an independent chairman of the board                                                                                                                                                                                                                                                                                                                 | CORPORATE GOVERNANCE       |          16900 |                0 | AGAINST     |                                    16900 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Deirdre P. Connelly                                                                                                                                                                                                                                                                                                                                                                                 | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Ellen G. Cooper                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: William H. Cunningham                                                                                                                                                                                                                                                                                                                                                                               | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Reginald E. Davis                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Eric G. Johnson                                                                                                                                                                                                                                                                                                                                                                                     | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Gary C. Kelly                                                                                                                                                                                                                                                                                                                                                                                       | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: M. Leanne Lachman                                                                                                                                                                                                                                                                                                                                                                                   | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Dale LeFebvre                                                                                                                                                                                                                                                                                                                                                                                       | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: James Morris                                                                                                                                                                                                                                                                                                                                                                                        | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Election of Director: Owen Ryan                                                                                                                                                                                                                                                                                                                                                                                           | DIRECTOR ELECTIONS         |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | The Ratification of the Appointment of Ernst and Young LLP as the Independent Registered Public Accounting Firm for 2025                                                                                                                                                                                                                                                                                                  | AUDIT-RELATED              |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | The approval of an advisory resolution on the compensation of our named executive officers                                                                                                                                                                                                                                                                                                                                | COMPENSATION               |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | The approval of an amendment to the Lincoln National Corporation 2020 Incentive Compensation Plan                                                                                                                                                                                                                                                                                                                         | COMPENSATION               |         420000 |                0 | FOR         |                                   420000 | FOR                         |  |
| LINCOLN NATIONAL CORPORATION | 534187BR9 | 05/22/2025     | Shareholder Proposal to amend our governing documents to provide for an independent chairman of the board                                                                                                                                                                                                                                                                                                                 | CORPORATE GOVERNANCE       |         420000 |                0 | AGAINST     |                                   420000 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** FLAHERTY  CRUMRINE PREFERRED  INCOME FUND INC

**By (Signature):** R. Eric Chadwick

**By (Printed Signature):** R. Eric Chadwick

**By (Title):** Chief Executive Officer and President

**Date:** 08/15/2025