<SEC-DOCUMENT>0001206774-15-003493.txt : 20151113
<SEC-HEADER>0001206774-15-003493.hdr.sgml : 20151113
<ACCEPTANCE-DATETIME>20151113172755
ACCESSION NUMBER:		0001206774-15-003493
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20151113
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20151113
DATE AS OF CHANGE:		20151113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Flaherty & Crumrine PREFERRED INCOME OPPORTUNITY FUND INC
		CENTRAL INDEX KEY:			0000882071
		IRS NUMBER:				954355600
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-06495
		FILM NUMBER:		151230326

	BUSINESS ADDRESS:	
		STREET 1:		301 E COLORADO BLVD STE 720
		STREET 2:		C/O FLAHERTY & CRUMRINE INC
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101
		BUSINESS PHONE:		(626) 795-7300

	MAIL ADDRESS:	
		STREET 1:		301 COLORADO BLVD STE 720
		STREET 2:		C/O FLAHERTY & CRUMRINE INC
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREFERRED INCOME OPPORTUNITY FUND INC
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>fandcpfo_8k.htm
<DESCRIPTION>CURRENT REPORT
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<P align=center><B><FONT face="Times New Roman" size=4>UNITED
STATES<BR></FONT></B><B><FONT face="Times New Roman" size=4>SECURITIES AND
EXCHANGE COMMISSION <BR></FONT></B><B><FONT face="Times New Roman">Washington,
D.C. 20549</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=5>FORM 8-K</FONT></B></P>
<P align=center><B><FONT face="Times New Roman">CURRENT REPORT</FONT></B></P>
<P align=center><B><FONT face="Times New Roman">Pursuant to Section 13 or 15(d)
of the <BR>Securities Exchange Act of 1934</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=2>Date of Report (date of
earliest event reported): November 13, 2015</FONT></B></P>
<P align=center><B><FONT face="Times New Roman" size=4>FLAHERTY &amp; CRUMRINE
PREFERRED INCOME OPPORTUNITY <BR>FUND INCORPORATED<BR></FONT></B><FONT face="Times New Roman" size=2>(Exact name of Registrant as specified in its
charter)</FONT></P>
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    <TD noWrap style="text-align: center" width="31%"><B><FONT face="Times New Roman" size=2>Maryland</FONT></B></TD>
    <TD noWrap style="text-align: center" width="35%"><B><FONT face="Times New Roman" size=2>811-06495</FONT></B></TD>
    <TD noWrap style="text-align: center" width="33%"><B><FONT face="Times New Roman" size=2>95-4355600</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="31%"><FONT face="Times New Roman" size=2>(State or other jurisdiction of</FONT></TD>
    <TD noWrap style="text-align: center" width="35%"><FONT face="Times New Roman" size=2>(Commission File Number)</FONT></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(I.R.S. Employer Identification</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="31%"><FONT face="Times New Roman" size=2>incorporation)</FONT></TD>
    <TD noWrap align=left width="35%"></TD>
    <TD noWrap style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>No.)</FONT></TD></TR></TABLE><BR>
<P align=center><B><FONT face="Times New Roman" size=2>301 E. Colorado Blvd.
<BR>Suite 720 <BR>Pasadena, CA 91101<BR></FONT></B><FONT face="Times New Roman" size=2>(Address of principal executive offices and zip code)</FONT></P>
<P align=center><FONT face="Times New Roman" size=2>Registrant&#146;s telephone
number, including area code: </FONT><B><FONT face="Times New Roman" size=2>626-795-7300</FONT></B></P>
<P align=center><B><U><FONT face="Times New Roman" size=2>Not
Applicable<BR></FONT></U></B><FONT face="Times New Roman" size=2>(Former name or
former address, if changed since last report)</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#9744;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman" size=2> Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#9744;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman" size=2> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#9744;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman" size=2> Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>&#9744;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman" size=2> Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
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<P align=left><B><FONT face="Times New Roman" size=2>Item 8.01.
</FONT></B><B><FONT face="Times New Roman" size=2>Other Events.</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>The Investment Adviser to the
Fund, Flaherty &amp; Crumrine Incorporated, has announced that Donald F.
Crumrine, due to his upcoming retirement, will no longer serve as a portfolio
manager to the Fund, effective December 31, 2015.</FONT></P>
<P align=left><FONT face="Times New Roman" size=2>R. Eric Chadwick and Bradford
S. Stone will continue to serve as portfolio managers for the Fund.</FONT></P>
<P align=center><FONT face="Times New Roman" size=2>- 2 -</FONT></P>
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<P align=center><B><FONT face="Times New Roman" size=2>SIGNATURES</FONT></B></P>
<P align=left><FONT face="Times New Roman" size=2>Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.</FONT></P>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>FLAHERTY &amp;
  CRUMRINE</FONT></TD></TR>
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    <TD noWrap align=left width="50%">&nbsp;</TD>
    <TD noWrap align=left width="1%">&nbsp;</TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>PREFERRED INCOME
    OPPORTUNITY</FONT></TD></TR>
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    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%">&nbsp;</TD>
    <TD noWrap align=left width="49%" colSpan=3><FONT face="Times New Roman" size=2>FUND INCORPORATED</FONT></TD></TR>
  <TR>
    <TD align=left width="52%" colSpan=3>&nbsp;&nbsp; </TD>
    <TD align=left width="48%" colSpan=2></TD></TR>
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    <TD noWrap align=left width="50%"><FONT face="Times New Roman" size=2>Date: November 13, 2015</FONT></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"><FONT face="Times New Roman" size=2>By:&nbsp;</FONT></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="1%"><FONT size=2 face="Times New Roman">/s/ R. Eric Chadwick</FONT></TD>
    <TD noWrap align=left width="47%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="48%" colSpan=2><FONT size=2 face="Times New Roman">R. Eric Chadwick</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="50%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="48%" colSpan=2><FONT size=2 face="Times New Roman">Chief
      Executive Officer and President</FONT></TD></TR></TABLE><BR>
<P align=center><FONT face="Times New Roman" size=2>- 3 - </FONT></P>
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