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AI brief of an SEC Form 8-K · FLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC (PFD)

Flaherty & Crumrine Preferred fund: portfolio manager Donald Crumrine to retire Dec. 31, 2015

Neutral Impact 2 of 5 leadership Written later

The investment adviser to Flaherty & Crumrine Preferred & Income Fund (PFD) 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 remain as portfolio managers, so day-to-day management continues with the same team minus Crumrine.

Key points

  • Donald F. Crumrine stops serving as a portfolio manager effective December 31, 2015, due to retirement.
  • R. Eric Chadwick and Bradford S. Stone will continue as portfolio managers for the Fund.
  • The change was disclosed under Item 8.01 (Other Events) in a filing dated November 13, 2015.

The filing

CompanyFLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC (PFD)
Form8-K, current report
Filed with the SECNov 13, 2015, 5:27 PM ET
Accession number0001206774-15-003494

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 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.