PFFD dividend & DRIP calculator

The distribution rate annualizes recent payouts; the SEC 30-day yield measures net investment income under a standardized formula. For option-income funds the gap is normal — premiums and return of capital can fund distributions well above earned income. Neither number is a forecast of total return.

No — and it doesn't try. This is an educational scenario tool: it shows the arithmetic consequences of assumptions you choose. It makes no recommendations and no predictions.

No. Preferred payments can be suspended without triggering default in many structures, some are qualified dividends for tax purposes, and prices behave with both rate duration and credit risk. The steady-looking monthly payout does not make the principal value fixed.