Flaherty & Crumrine Preferred Securities Income Fund Incorporated (the Fund), formerly Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated, is a diversified, closed-end management investment company. The Fund�s investment objective is to provide its common shareholders with high-current income consistent with the preservation of capital. The Fund invests primarily in a diversified portfolio of preferred securities. This includes fully taxable preferred securities and traditional preferred stocks eligible for the inter-corporate dividends received deduction (DRD). At least 80% of the value of the Fund's total assets will be invested in preferred securities. The also Fund invests at least 25% of its total assets in securities issued by companies in the utilities industry and at least 25% of its total assets in securities issued by companies in the banking industry. Flaherty & Crumrine Incorporated serves as the Fund's investment advisor.