Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC (FFC)

Flaherty & Crumrine Preferred & Income Fund (FFC): Portfolio manager Donald Crumrine to retire Dec. 31

Neutral Impact 3 of 5 leadership Written later

The fund's investment adviser, Flaherty & Crumrine Incorporated, said portfolio manager Donald F. Crumrine will no longer serve the fund after he retires, effective December 31, 2015. R. Eric Chadwick and Bradford S. Stone will continue as portfolio managers, so the management team is reduced by one but not otherwise changed.

Key points

  • Donald F. Crumrine stops serving as a portfolio manager effective December 31, 2015, due to his upcoming retirement.
  • R. Eric Chadwick and Bradford S. Stone will continue to serve as portfolio managers.
  • The filing was dated November 13, 2015 and signed by R. Eric Chadwick, Chief Executive Officer and President.

The filing

CompanyFlaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC (FFC)
Form8-K, current report
Filed with the SECNov 13, 2015, 5:27 PM ET
Accession number0001206774-15-003492

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 13, 2015.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.