Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC (PFO)
PFO 8-K filings in 2019
Every material Form 8-K Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY 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 Opportunity Fund approved a name change to Flaherty & Crumrine Preferred and Income Opportunity Fund and revisions to its investment policies. The non-fundamental policy now requires at least 80% of Managed Assets in preferred and other income-producing securities, down from the prior requirement of preferred securities, and the Board can change it without shareholder approval.
Board approved the name change and policy changes on April 23, 2019
Fund must invest at least 80% of Managed Assets in preferred and other income-producing securities under normal market conditions
Managed Assets now defined to include net assets plus certain loans, debt, preferred liquidation preference and reverse repurchase proceeds
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 PREFERRED & INCOME OPPORTUNITY FUND INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →