PFD vs TAXI

Comparison between Flaherty & Crumrine Preferred and Income Fund Inc (PFD, ETF) and NORTHERN TRUST INTERMEDIATE TAX-EXEMPT BOND ETF (TAXI, ETF).

PFD vs TAXI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFD(ETF)	TAXI(ETF)
Net Assets	$160M	$160M
Expense Ratio	N/A	0.05%
Max Drawdown	85.75%	2.98%
Sharpe Ratio	0.42	-0.21
5Y Beta	0.34	0.05
5Y Dividends CAGR	-3.18%	N/A

Net Assets

Winner

PFD

$160M

TAXI

$160M

Expense Ratio

PFD

N/A

TAXI

0.05%

Max Drawdown

PFD

85.75%

Winner

TAXI

2.98%

Sharpe Ratio

Winner

PFD

0.42

TAXI

-0.21

5Y Beta

PFD

0.34

Winner

TAXI

0.05

5Y Dividends CAGR

PFD

-3.18%

TAXI

N/A

PFD vs TAXI - Historical Returns

Returns include dividend reinvestment.

Period	PFD	TAXI
1 month	-0.70%	-1.18%
3 months	+0.24%	-0.85%
6 months	-0.59%	-0.83%
1 year	+7.26%	+3.14%
5 years(CAGR)	-0.87%	N/A
10 years(CAGR)	+3.53%	N/A
Max(CAGR)	+7.07%	+3.39%

Winner

PFD

-0.70%

TAXI

-1.18%

Winner

PFD

+0.24%

TAXI

-0.85%

Winner

PFD

-0.59%

TAXI

-0.83%

Winner

PFD

+7.26%

TAXI

+3.14%

5Y(CAGR)

PFD

-0.87%

TAXI

N/A

10Y(CAGR)

PFD

+3.53%

TAXI

N/A

Max(CAGR)

Winner

PFD

+7.07%

TAXI

+3.39%

PFD vs TAXI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PFD	TAXI
2026	-0.74%	-0.34%
2025	+12.90%	+3.35%
2024	+21.17%	N/A
2023	-5.20%	N/A
2022	-30.70%	N/A
2021	+0.18%	N/A
2020	+30.45%	N/A
2019	+39.91%	N/A
2018	-17.19%	N/A
2017	+12.96%	N/A
2016	+18.95%	N/A
2015	-1.03%	N/A
2014	+23.32%	N/A
2013	-4.77%	N/A
2012	+4.69%	N/A
2011	+31.81%	N/A
2010	+23.00%	N/A
2009	+78.47%	N/A
2008	-47.50%	N/A
2007	-25.92%	N/A
2006	+11.40%	N/A
2005	-5.01%	N/A
2004	+6.87%	N/A
2003	+30.64%	N/A
2002	+10.18%	N/A
2001	+28.11%	N/A
2000	-0.12%	N/A
1999	-3.92%	N/A

PFD vs TAXI Drawdown Comparison

The maximum drawdown for PFD was -81.73%, occurring on Oct 10, 2008. Recovery took 892 trading sessions.

The maximum drawdown for TAXI was -2.23%, occurring on Mar 24, 2026. This drawdown has not yet recovered.

The current PFD drawdown is -21.05%. The current TAXI drawdown is -1.92%.

Rank	PFD	TAXI
#1	-81.73% Jan 25, 2007 - Aug 10, 2010	-2.23% Feb 27, 2026 - Mar 24, 2026
#2	-53.39% Feb 20, 2020 - Sep 22, 2020	-0.42% Sep 17, 2025 - Oct 10, 2025
#3	-50.55% Dec 23, 2020 - Oct 17, 2023	-0.25% Nov 11, 2025 - Nov 24, 2025
#4	-26.91% Dec 15, 2017 - May 23, 2019	-0.20% Oct 22, 2025 - Nov 10, 2025
#5	-24.03% Mar 25, 2004 - Feb 10, 2005	-0.17% Jan 16, 2026 - Jan 27, 2026
#6	-21.09% Apr 22, 2013 - Apr 25, 2014	-0.13% Nov 28, 2025 - Dec 8, 2025
#7	-20.74% Jul 20, 2011 - Sep 14, 2011	-0.08% Aug 27, 2025 - Sep 3, 2025
#8	-20.19% Aug 18, 2016 - May 4, 2017	-0.08% Jan 9, 2026 - Jan 14, 2026
#9	-19.42% Apr 22, 2015 - Apr 20, 2016	-0.07% Aug 19, 2025 - Aug 22, 2025
#10	-18.04% Mar 2, 2005 - Nov 6, 2006	-0.06% Dec 29, 2025 - Jan 2, 2026
#11	-16.16% Oct 12, 2010 - Apr 20, 2011	-0.04% Aug 22, 2025 - Aug 27, 2025
#12	-13.88% Sep 4, 2002 - Jan 6, 2003	-0.04% Sep 11, 2025 - Sep 15, 2025
#13	-12.38% Sep 19, 2011 - Oct 19, 2011	-0.04% Dec 9, 2025 - Dec 15, 2025
#14	-12.00% Oct 19, 2012 - Jan 23, 2013	-0.03% Sep 8, 2025 - Sep 10, 2025
#15	-11.92% Feb 24, 2012 - Aug 13, 2012	-0.03% Dec 19, 2025 - Dec 24, 2025

Correlation

Correlation between PFD and TAXI is 0.74 which considered as a strong positive correlation - the stocks tend to move together.

0.74

-101

Dividend Comparison (2000 - 2026)

PFD vs TAXI dividend yield comparison.

Year	PFD	TAXI
2026	3.57%	1.40%
2025	6.47%	0.85%
2024	6.46%	0.00%
2023	6.94%	0.00%
2022	7.97%	0.00%
2021	5.82%	0.00%
2020	5.09%	0.00%
2019	5.85%	0.00%
2018	8.14%	0.00%
2017	6.85%	0.00%
2016	7.44%	0.00%
2015	8.36%	0.00%
2014	7.67%	0.00%
2013	9.46%	0.00%
2012	9.05%	0.00%
2011	8.08%	0.00%
2010	8.70%	0.00%
2009	7.31%	0.00%
2008	16.51%	0.00%
2007	8.82%	0.00%
2006	6.17%	0.00%
2005	6.83%	0.00%
2004	6.60%	0.00%
2003	6.20%	0.00%
2002	7.67%	0.00%
2001	7.25%	0.00%
2000	3.38%	0.00%