SRH Total Return Fund proposes new adviser Paralel at lower 0.90% fee rate
The Board approved a new investment advisory agreement with Paralel Advisors LLC to replace ALPS Advisors, Inc., and a new administration agreement with Paralel Technologies LLC to replace ALPS Fund Services, Inc. The advisory agreements take effect only after shareholder approval, and the filing says the changes would lower the fees the fund pays. The filing text refers to the Boulder Growth & Income Fund, Inc., while the filer is listed as SRH Total Return Fund, Inc.
Key points
- Advisory fee would be 0.90% of the first $2 billion of average Managed Assets and 0.80% above that, versus 0.95% under the current agreement.
- Administration fee would be 0.09% of the first $2 billion of average Managed Assets, versus 0.10% currently; the new administration agreement is effective November 22, 2021.
- Sub-advisor Rocky Mountain Advisors, LLC stays in place; its sub-advisory fee would be 0.77% versus 0.8125% currently.
- Advisory agreements require approval at a special shareholder meeting; interim agreements run until the earlier of 150 days from November 22, 2021 or shareholder approval.
The filing
Written by AI on Nov 9, 2026, 8:51 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 October 07, 2021.
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.