Flaherty & Crumrine Preferred Securities Income Fund Incorporated (the Fund) 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, including taxable preferred securities and traditional preferred stocks eligible for the inter-corporate dividends received deduction. The Fund's investments include preferred securities in various sectors, such as banking, financial services, insurance, utilities, energy, real estate investment trust and miscellaneous industries; corporate debt securities in various sectors, such as banking, financial services, insurance, energy, communication and miscellaneous industries; common stock in various sectors, such as banking and insurance, and money market funds. Flaherty & Crumrine Incorporated is the Fund's investment advisor.