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Raymond James & Associates filed a Schedule 13G reporting a passive stake in Flaherty & Crumrine Dynamic Preferred & Income Fund Inc. (DFP) preferred stock. The firm reported beneficial ownership of 1,143,022.37 shares, representing 5.6% of the class as of the event date 09/30/2025.
Raymond James reported 0 shares with sole or shared voting power and 1,143,022.37 shares with sole dispositive power. The filer is classified as an Investment Adviser (IA) and certified that the securities were acquired and are held in the ordinary course of business, not to change or influence control.