FLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC (PFD)
PFD 8-K filings in 2019
Every material Form 8-K FLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC filed with the SEC in 2019, 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 board of Flaherty & Crumrine Preferred Income Fund approved a name change to Flaherty & Crumrine Preferred and Income Fund and revised its non-fundamental investment policy on April 23, 2019. The changes take effect on or about July 5, 2019, and the fund will still invest at least 80% of its Managed Assets in preferred and other income-producing securities.
Board approved the name change and policy changes on April 23, 2019
Policy now requires at least 80% of Managed Assets in preferred and other income-producing securities, up from 80% of assets in preferred securities
Policy is non-fundamental, so the board can change it without shareholder approval
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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 PREFERRED & INCOME FUND INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →