000 A000000 05/31/2004 000 C000000 882071 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 FLAHERTY&CRUMRINE PFD INCOME OPPTY FUND INC 001 B000000 811-06495 001 C000000 6267957300 002 A000000 301 E. COLORADO BOULEVARD, SUITE 720 002 B000000 PASADENA 002 C000000 CA 002 D010000 91101 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 FLAHERTY & CRUMRINE INCORPORATED 008 B000001 A 008 C000001 801-19384 008 D010001 PASADENA 008 D020001 CA 008 D030001 91101 010 A000001 PFPC INC. 010 B000001 84-1761 010 C010001 WESTBOROUGH 010 C020001 MA 010 C030001 01581 012 A000001 PFPC INC. 012 B000001 84-1761 012 C010001 WESTBOROUGH 012 C020001 MA 012 C030001 01581 013 A000001 KPMG LLP 013 B010001 BOSTON 013 B020001 MA |
013 B030001 02110 015 A000001 PFPC TRUST COMPANY 015 B000001 C 015 C010001 PHILADELPHIA 015 C020001 PA 015 C030001 19153 015 E010001 X 018 000000 Y 019 A000000 N 019 B000000 0 020 A000001 GOLDMAN SACHS & CO. 020 B000001 13-5108880 020 C000001 46 020 A000002 WACHOVIA BANK 020 B000002 56-1232143 020 C000002 6 020 A000003 KBC FINANCIAL 020 B000003 13-4035459 020 C000003 1 020 A000004 MITCHELL SECURITIES 020 B000004 13-3849153 020 C000004 1 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 54 022 A000001 LEHMAN BROTHERS SECURITIES 022 B000001 13-2518466 022 C000001 12553 022 D000001 3921 022 A000002 DEUTSCHE BANK CAPITAL CORP 022 B000002 13-6124068 022 C000002 6392 022 D000002 5352 022 A000003 CITIGROUP 022 B000003 13-5266470 022 C000003 6371 022 D000003 5263 022 A000004 SPEAR, LEEDS & KELLOGG 022 B000004 13-5515160 022 C000004 1045 022 D000004 9797 022 A000005 DONALDSON LUFKIN & JENRETTE 022 B000005 13-2741729 022 C000005 4580 022 D000005 1791 022 A000006 SANDLER O'NEILL & PARTNERS 022 B000006 13-3481255 |
022 C000006 0 022 D000006 3000 022 A000007 WACHOVIA BANK 022 B000007 56-1232143 022 C000007 839 022 D000007 1144 022 A000008 R. SEELAUS & CO. 022 B000008 22-2501042 022 C000008 1968 022 D000008 0 022 A000009 MORGAN STANLEY & CO.,INC. 022 B000009 13-2655998 022 C000009 0 022 D000009 1775 022 A000010 PIPER JAFFREY & CO., INC. 022 B000010 41-0853246 022 C000010 1737 022 D000010 0 023 C000000 39408 023 D000000 35025 024 000000 Y 025 A000001 JP MORGAN 025 B000001 13-3224016 025 C000001 E 025 D000001 16602 025 A000002 LEHMAN BROTHERS HOLDINGS INC. 025 B000002 13-2518466 025 C000002 E 025 D000002 12291 025 A000003 CITIGROUP 025 B000003 13-5266470 025 C000003 E 025 D000003 7849 025 A000004 BEAR STEARNS & CO INC. 025 B000004 13-4946705 025 C000004 E 025 D000004 7737 025 A000005 WACHOVIA CORP 025 B000005 56-1232143 025 C000005 E 025 D000005 2816 025 A000006 DEUTSCHE BANK 025 B000006 13-6124068 025 C000006 E 025 D000006 869 025 D000007 0 025 D000008 0 026 A000000 N 026 B000000 N 026 C000000 N 026 D000000 Y |
026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 N 028 A010000 0 028 A020000 0 028 A030000 0 028 A040000 0 028 B010000 0 028 B020000 0 028 B030000 0 028 B040000 0 028 C010000 0 028 C020000 0 028 C030000 0 028 C040000 0 028 D010000 0 028 D020000 0 028 D030000 0 028 D040000 0 028 E010000 0 028 E020000 0 028 E030000 0 028 E040000 0 028 F010000 0 028 F020000 0 028 F030000 0 028 F040000 0 028 G010000 0 028 G020000 0 028 G030000 0 028 G040000 0 028 H000000 0 030 A000000 0 030 B000000 0.00 030 C000000 0.00 031 A000000 0 031 B000000 0 032 000000 0 033 000000 0 035 000000 0 036 B000000 0 038 000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 0 042 E000000 0 042 F000000 0 |
042 G000000 0 042 H000000 0 043 000000 0 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.000 048 A010000 100000 048 A020000 0.625 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 100000 048 K020000 0.500 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 N 054 A000000 Y 054 B000000 Y 054 C000000 N 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 N 054 M000000 Y 054 N000000 N 054 O000000 Y 055 A000000 N |
055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 Y 060 B000000 Y 061 000000 0 062 A000000 N 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 0.0 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 063 A000000 0 063 B000000 0.0 066 A000000 Y 066 B000000 N 066 C000000 N 066 D000000 N 066 E000000 N 066 F000000 Y 066 G000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 N 070 B010000 Y 070 B020000 N 070 C010000 Y 070 C020000 N 070 D010000 Y 070 D020000 N 070 E010000 Y 070 E020000 N 070 F010000 Y 070 F020000 N |
070 G010000 Y 070 G020000 Y 070 H010000 Y 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 Y 070 J020000 Y 070 K010000 Y 070 K020000 Y 070 L010000 Y 070 L020000 Y 070 M010000 Y 070 M020000 N 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 N 070 P020000 N 070 Q010000 N 070 Q020000 N 070 R010000 Y 070 R020000 N 071 A000000 41272 071 B000000 44464 071 C000000 211442 071 D000000 20 072 A000000 6 072 B000000 1263 072 C000000 5524 072 D000000 0 072 E000000 0 072 F000000 605 072 G000000 103 072 H000000 0 072 I000000 36 072 J000000 12 072 K000000 0 072 L000000 15 072 M000000 37 072 N000000 0 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 26 072 S000000 32 072 T000000 0 072 U000000 0 072 V000000 0 072 W000000 247 |
072 X000000 1113 072 Y000000 0 072 Z000000 5674 072AA000000 5981 072BB000000 0 072CC010000 0 072CC020000 9572 072DD010000 5553 072DD020000 0 072EE000000 0 073 A010000 0.4800 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 0 074 B000000 0 074 C000000 1906 074 D000000 2184 074 E000000 199098 074 F000000 1950 074 G000000 0 074 H000000 4516 074 I000000 0 074 J000000 54 074 K000000 0 074 L000000 1768 074 M000000 175 074 N000000 211651 074 O000000 0 074 P000000 138 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 256 074 S000000 70000 074 T000000 141257 074 U010000 11524 074 U020000 0 074 V010000 12.26 074 V020000 0.00 074 W000000 0.0000 074 X000000 316 074 Y000000 0 075 A000000 0 075 B000000 216909 076 000000 13.25 077 A000000 Y 077 B000000 N 077 C000000 Y 077 D000000 Y |
077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 077 J000000 N 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 N 078 000000 N 086 A010000 63 086 A020000 849 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 COMMON STOCK 087 A020000 33848E106 087 A030000 PFO 088 A000000 N 088 B000000 N 088 C000000 N 088 D000000 Y SIGNATURE BRIAN CURRAN TITLE ASSISTANT TREASURER |
EXHIBIT 77C
FLAHERTY & CRUMRINE PREFERRED INCOME OPPORTUNITY FUND INCORPORATED
(the "Fund")
On April 23, 2004, the Fund held its Annual Meeting of Shareholders to elect two Directors of the Fund ("Proposal 1"). The results of the proposal are as follows:
Proposal 1: Election of Directors.
Name For Withheld
Common Stock
Robert F. Wulf 10,086,552 86,324
Money Market Preferred™ Stock
Donald F. Crumrine 485 0
Martin Brody, Robert M. Ettinger, David Gale, and Morgan Gust continue to serve in their capacities as Directors of the Fund.
EXHIBIT 77Q1b
FLAHERTY & CRUMRINE PREFERRED INCOME OPPORTUNITY FUND INCORPORATED
(the "Fund")
Change in the Percentage of Foreign Securities
The Fund may invest up to 30% of its total assets in the securities, other than money market securities, of companies organized or having their principal place of business outside the United States. All foreign securities held by the Fund will be denominated in U.S. dollars. The percentage limitation was instituted by the Fund's Board of Directors at its regular board meeting on April 23, 2004.
EXHIBIT 77Q1a
FLAHERTY & CRUMRINE PREFERRED INCOME OPPORTUNITY FUND INCORPORATED
(the "Fund")
At the July 18, 2003 Meeting of the Board of Directors of the Fund, the Board approved changing the Fund's name from "Preferred Income Opportunity Fund Incorporated" to "Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated". The Articles of Amendment effectuating such change are set forth below:
ARTICLES OF AMENDMENT
OF
PREFERRED INCOME OPPORTUNITY FUND INCORPORATED
PREFERRED INCOME OPPORTUNITY FUND INCORPORATED, a Maryland corporation (hereinafter called the "Corporation"), hereby certifies to the State Department of Assessments and Taxation of Maryland that:
FIRST: The Articles of Amendment and Restatement (the "Articles of Incorporation") of the Corporation are hereby further amended to replace Article I with the following:
ARTICLE I
NAME
The name of the Corporation (the "Corporation") hereafter shall be "Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated."
SECOND: The above amendment to the Articles of Incorporation was duly approved by a majority of the Corporation's Board of Directors at a meeting held on July 18, 2003.
THIRD: The above amendment to the Articles of Incorporation is limited to a change expressly permitted by sub-section 2-605(a)(1) of the General Corporation Law of Maryland to be made without action by stockholders of the Corporation.
The President acknowledges these Articles of Amendment to be the corporate act of the Corporation and states that to the best of his knowledge, information and belief the matters and facts set forth in these Articles of Amendment with respect to the authorization and approval of the amendment of the Corporation's Articles of Incorporation are true in all material respects, and that this statement is made under the penalties of perjury.
IN WITNESS WHEREOF, PREFERRED INCOME OPPORTUNITY FUND INCORPORATED has caused this instrument to be executed in its name and on its behalf by its President, Robert M. Ettinger, and attested by its Vice President, Treasurer and Assistant Secretary, Peter C. Stimes on the 15th of November, 2003. These Articles of Amendment shall be effective as of 12:01 a.m. on November 15, 2003.
PREFERRED INCOME OPPORTUNITY FUND INCORPORATED
By: /s/ Robert M. Ettinger
Robert M. Ettinger, President
ATTEST:
By: /s/ Peter C. Stimes
Peter C. Stimes, Vice President, Treasurer and Assistant Secretary