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Flaherty & Crumrine Preferred & Income Securities Fund INC Schedule 13G passive stakes

Filed when an investor crosses five percent without intending to seek control — the passive counterpart to a 13D.

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Flaherty & Crumrine Preferred & Income Securities Fund INC
SCHEDULE: First Trust Entities Disclose 5.65% Stake in Flaherty & Crumrine Preferred and Income Securities Fund
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly disclosed a 5.65% beneficial ownership stake in Flaherty & Crumrine Preferred and Income Securities Fund Incorporated.