<SEC-DOCUMENT>0001387131-19-003083-index.html : 20190429
<SEC-HEADER>0001387131-19-003083.hdr.sgml : 20190429
<ACCEPTANCE-DATETIME>20190429144150
ACCESSION NUMBER:		0001387131-19-003083
CONFORMED SUBMISSION TYPE:	N-30B-2
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20190228
FILED AS OF DATE:		20190429
DATE AS OF CHANGE:		20190429
EFFECTIVENESS DATE:		20190429

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:		N-30B-2
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06495
		FILM NUMBER:		19775323

	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>N-30B-2
<SEQUENCE>1
<FILENAME>pfo-n30b2_022819.htm
<DESCRIPTION>PERIODIC AND INTERIM REPORTS
<TEXT>
Document 1 - file: pfo-n30b2_022819.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>pfo-nq_022819img001.gif
<DESCRIPTION>GRAPHIC
<TEXT>
Document 2 - file: pfo-nq_022819img001.gif

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>pfo-nq_022819img002.gif
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: pfo-nq_022819img002.gif

</DOCUMENT>
</SEC-DOCUMENT>