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RCR > SEC Filings for RCR > Form 8-K on 20-Nov-2008All Recent SEC Filings

Show all filings for RMR DIVIDEND CAPTURE FUND | Request a Trial to NEW EDGAR Online Pro

Form 8-K for RMR DIVIDEND CAPTURE FUND


20-Nov-2008

Other Events


Item 8.01 Other Events.

On November 20, 2008, RMR Dividend Capture Fund (the "Fund") sent a notice of redemption to The Depository Trust Company ("DTC"), the record holder of the Fund's issued and outstanding Preferred Shares, Series F, CUSIP #76970L208 (the "Preferred Shares"), indicating the Fund's intention to redeem 278 of the issued and outstanding Preferred Shares on December 24, 2008. The Preferred Shares will be redeemed at a price equal to $25,000 per share, plus accumulated but unpaid dividends up to, but not including, December 24, 2008. Upon completion of the redemption, 122 shares of the series will remain issued and outstanding.

The Fund intends that the number of shares set forth above will be redeemed by random lottery from the participant broker-dealer accounts with DTC. Each participant broker-dealer, as nominee for underlying beneficial owners (street name shareholders), in turn will determine how redeemed shares are to be allocated among its underlying beneficial owners. The procedures used by various broker-dealers to allocate redeemed shares among beneficial owners may differ from each other as well as from the procedures used by DTC.


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