Every material Form 8-K FLAHERTY & CRUMRINE TOTAL RETURN FUND INC filed with the SEC in 2015, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
The fund's investment adviser said portfolio manager Donald F. Crumrine will leave his role on December 31, 2015, due to his upcoming retirement. R. Eric Chadwick and Bradford S. Stone will continue as portfolio managers, so the management team is partly unchanged for shareholders.
Donald F. Crumrine will no longer serve as a portfolio manager effective December 31, 2015.
The change was announced by the Investment Adviser, Flaherty & Crumrine Incorporated, citing his upcoming retirement.
R. Eric Chadwick and Bradford S. Stone will continue as portfolio managers for the fund.
Flaherty & Crumrine Incorporated, the fund's investment adviser, said portfolio manager Robert M. Ettinger will no longer serve the fund effective June 30, 2015, due to his impending retirement. Three other portfolio managers will continue to run the fund, so the change is a personnel update rather than a change in management team.
Robert M. Ettinger stops serving as a portfolio manager effective June 30, 2015, due to his impending retirement
R. Eric Chadwick, Bradford S. Stone and Donald Crumrine will continue as portfolio managers
The filing was made June 4, 2015 under Item 8.01 (Other Events)
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FLAHERTY & CRUMRINE TOTAL RETURN FUND INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →