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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <name>RENAISSANCERE HOLDINGS LTD</name>
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              <title>BARCLAYS PLC ADR</title>
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        <name>WINTRUST FINANCIAL CORP</name>
        <lei>Q774KI4AW80FHFW33O61</lei>
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          <ticker value="WTFC"/>
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        <assetCat>EP</assetCat>
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        <lei>549300SZJ9VS8SGXAN81</lei>
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        <name>ASSURANT INC</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
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        <name>WESBANCO INC</name>
        <lei>0001070448</lei>
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        <name>COMPEER FINANCIAL ACA</name>
        <lei>54930020HTACTODKHT04</lei>
        <title>CMPFIN V4.875 PERP QIB</title>
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        <name>TPG RE FINANCE TRUST INC</name>
        <lei>N/A</lei>
        <title>TPG RE FINANCE TRUST INC 6.25% SERIES C CUMULATIVE REDEEMABLE PREFERRED STOCK</title>
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        <name>CITIGROUP INC</name>
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        <name>BARCLAYS PLC</name>
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        <name>ING GROEP NV</name>
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        <name>ALGONQUIN POWER &amp; UTILITIES CORP</name>
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        <name>M&amp;T BANK CORP</name>
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        <name>AXIS CAPITAL HOLDINGS LTD</name>
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        <name>CHARLES SCHWAB CORP (THE)</name>
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        <name>HSBC HOLDINGS PLC</name>
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        <name>LLOYDS BANKING GROUP PLC</name>
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        <name>SEMPRA</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>SRE V6.4 10/01/54</title>
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        <name>GLOBAL ATLANTIC (FIN) COMPANY</name>
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        <name>LEHMAN BROS HLDG-ESCROW</name>
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        <title>LEHMAN BROS HLDG-ESCROW</title>
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        <name>BANCO SANTANDER SA</name>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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        <name>JP MORGAN CHASE &amp; COMPANY</name>
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        <name>BBVA MEXICO SA TEXAS BRANCH</name>
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        <name>PARTNERRE LTD</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
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        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS V7 03/10/55</title>
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          <isin value="US126650EH94"/>
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        <name>COBANK ACB</name>
        <lei>P0J8I7M2E0A77CKF1705</lei>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
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        <name>CITIZENS FINANCIAL GROUP INC</name>
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        <name>DELPHI FINANCIAL GROUP INC</name>
        <lei>5493001NGT0EEYMZG011</lei>
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          <ticker value="TOMARI"/>
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        <name>DTE ENERGY COMPANY</name>
        <lei>549300IX8SD6XXD71I78</lei>
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        <cusip>233331792</cusip>
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        <curCd>USD</curCd>
        <valUSD>3339894.00000000</valUSD>
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        <assetCat>EP</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KEYCORP DEPOSITARY SHARES EACH REPRESENTING A 1/40TH OWNERSHIP INTEREST IN A SHARE OF FIXED-TO-FLOATING RATE PERPETUAL NON-CUMULATIVE PREFERRED STOCK,</title>
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        <curCd>USD</curCd>
        <valUSD>11553320.90000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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        <name>AFFILIATED MANAGERS GROUP INC</name>
        <lei>2JE75BUE3T1BLCYYGK54</lei>
        <title>AFFILIATED MANAGERS GROUP INC FIXED JUNIOR SUBORDINATED NOTES DUE MARCH 30, 2064</title>
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          <ticker value="AMG"/>
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        <name>M&amp;T BANK CORP</name>
        <lei>549300WYXDDBYRASEG81</lei>
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        <name>FMC CORP</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC V8.45 11/01/55</title>
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        <name>AMERICAN ELECTRIC POWER COMPANY INC</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
        <title>AEP V6.95 12/15/54</title>
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        <curCd>USD</curCd>
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        <name>FIRST CITIZENS BANCSHARES INC</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>FCNCA V7 PERP D</title>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V6.625 PERP</title>
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        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <name>LAND O'LAKES INC</name>
        <lei>4ONCJWH5BBCYSJIJYX61</lei>
        <title>LLAKES 7 PERP 144A</title>
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        <name>SCE TRUST VII</name>
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        <title>SCE TRUST VII 7.50% TRUST PREFERENCE SECURITIES</title>
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        <name>BNP PARIBAS SA</name>
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        <name>ASPEN INSURANCE HOLDINGS LTD</name>
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        <name>M&amp;T BANK CORP</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T BANK CORP PERPETUAL FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK, SERIES H</title>
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        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NI V6.95 11/30/54</title>
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        <name>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NEE V6.7 09/01/54</title>
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        <name>BELL CANADA</name>
        <lei>5493000G3EFX9S7TDE29</lei>
        <title>BCECN V7 09/15/55</title>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>ENSTAR GROUP LTD</name>
        <lei>213800AMAL5QFXVUCN04</lei>
        <title>ENSTAR GROUP LTD 7.00% FIXED-TO-FLOATING RATE SERIES D PERPETUAL PREFERRED SHARES</title>
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          <ticker value="ESGR"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>RY V6.5 11/24/85</title>
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        <balance>3995000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3924676.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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              <title>HSBC Holdings PLC</title>
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        <name>MORGAN STANLEY</name>
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        <name>CITIGROUP INC</name>
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        <name>ENERGY TRANSFER LP</name>
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        <title>ET V8 05/15/54</title>
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        <name>PECO ENERGY CAPITAL TRUST III</name>
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        <name>FIRST HORIZON CORP</name>
        <lei>TF3RXI1ZB1TQ30H9JV10</lei>
        <title>FIRST HORIZON CORP DEPOSITARY SHARESEACH REPRESENTING 1/4,000TH INTEREST IN A SHARE OF NON-CUMULATIVE PERPETUAL PREFERRED STOCK, SERIES H</title>
        <cusip>320517840</cusip>
        <identifiers>
          <isin value="US3205178409"/>
          <ticker value="FHN H"/>
        </identifiers>
        <balance>127800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3188610.00000000</valUSD>
        <pctVal>0.379977110213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Security reported as PREFERRED EQUITY on Form N-PORT per market convention; reported as CORPORATE DEBT SECURITY on SOI of Form N-CSR/N-CSRS per specific terms of security. 25432X300:74913G873:74913G881." noteItem="C.4.a"/>
      <explntrNote note="Security reported as DEBT on Form N-PORT per market convention; reported as CONTINGENT CAPITAL SECURITY on SOI of Form N-CSR/N-CSRS per specific terms of security. 05946KAF8:05946KAM3:05946KAW1:05962GAJ8:05971PAB4:05971PAE8:05973KAB3:05964HBH7:05971KAH2:05971KAQ2:05971KAY5:06368L5Q5:06368L8V1:06368LQ58:0641598S8:0641598V1:0641598X7:06419GEE2:06738EBT1:06738EBX2:06738ECN3:06738EDC6:05533UAG3:05565A5R0:05565AM34:05565AS20:05565ASK0:05602XJC3:05602XQQ4:05602XQS0:13607P7Y4:13607PNF7:225313AT2:404280BL2:404280BP3:404280EJ4:404280FA2:404280FJ3:404280FR5:258524098:456837AY9:539439BF5:53944YAV5:639057AD0:639057AQ1:780082AR4:780082AT0:780082AV5:780082AY9:83367TBU2:83370RAA6:83370RAC2:853254BX7:853254CM0:89116CKP1:89117F8Z5:902613AD0:902613AJ7:902613BE7:902613BW7." noteItem="C.4.a"/>
      <explntrNote note="Security reported as DEBT on Form N-PORT per market convention; reported as PREFERRED STOCK &amp; HYBRID PREFERRED SECURITIES on SOI of Form N-CSR/N-CSRS per specific terms of security. 00774MBK0:00774MBQ7:00130HCK9:015857AH8:02005NBN9:02005NCB4:021361AD2:02369GAA3:025537AU5:025537BA8:02557TAF6:025816CH0:026874BS5:025676AR8:05463HAC5:060505GB4:06055HAB9:06055HAK9:0778FPAQ2:11102AAG6:14040HCF0:15189TBJ5:808513CM5:172967NB3:172967PC9:172967PE5:172967PK1:172967PM7:172967PR6:172967QJ3:17327CAV5:17327CBC6:174610AQ8:125896BY5:19075QAC6:19075QAG7:19075QAH5:20035AAA2:20453QAA0:20453QAC6:21871XAT6:21871XAU3:126650EH9:25746UDM8:25746UDU0:25746UDV8:26441CCG8:281020AT4:29103HAB3:29250NBT1:29250NCG8:29273VAM2:29273VAX8:29273VBH2:29360AAB6:29359UAD1:29364GAQ6:29364GAS2:29452EAD3:29882DAB9:299808AE5:30034WAE6:30040WBD9:30161NBQ3:31959XAG8:302491AZ8:34962TAA9:37045XCM6:37045XDB9:37959GAG2:37959GAH0:38141GA38:38141GA79:38141GB52:38141GC28:444859CE0:446150AT1:446150AV6:446150BG8:48128BAN1:48128BAQ4:48128BAR2:493267AK4:50149XAA2:514666AK2:514666AM8:514666AN6:53079EAN4:534187BR9:55261FAN4:591560AA5:59156RAV0:59156RBS6:61745VAB9:302570AX4:65339KCW8:65339KDB3:65339KDE7:65473PAR6:65473PAT2:66765NAA3:695114DG0:92556HAE7:69331VAA4:718547BA9:693475BC8:693475BD6:693475BF1:693475BP9:743863AA0:744320BL5:745310AT9:759351AT6:759351AV1:775109DH1:78397DAA6:78397DAC2:816851BM0:816851BS7:816851BT5:836720AJ1:842587EB9:84857LAE1:857477CH4:86765KAE9:87971MCM3:89352HBL2:89356BAE8:69349HAJ6:92840MAC6:92857WBQ2:95002YAA1:95002YAC7:95002YAE3." noteItem="C.4.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Flaherty &amp; Crumrine Preferred &amp; Income Securities Fund Inc</ncom:nameOfApplicant>
      <ncom:signature>Bradford Stone</ncom:signature>
      <ncom:signerName>Bradford Stone</ncom:signerName>
      <ncom:title>Chief Financial Officer, Treasurer and Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
