M&A - LEUTHOLD FUNDS INC
Form Type: N-8F
Filing Date: 2025-04-30
Corporate Action: Merger
Type: New
Accession Number: 000089706925000894
Filing Summary: Leuthold Funds, Inc. is applying for deregistration due to a merger involving its funds. The merger was approved by the board on August 20, 2024, and shareholders approved reorganizations on December 12, 2024, for Leuthold Select Industries Fund, Leuthold Grizzly Short Fund, and Leuthold Core ETF, and on January 8, 2025, for Leuthold Core Investment Fund and Leuthold Global Fund. The reorganization involved transferring all assets to newly created series within Managed Portfolio Series, resulting in the liquidation and termination of the original funds. Each shareholder received shares in the corresponding acquiring fund having a value equal to their previous holdings. The expenses incurred in connection with the merger totaled approximately $406,247, which were partially borne by the funds and the adviser. The surviving entity after the merger is Managed Portfolio Series.
Additional details:
Reason Fund Is Applying: Merger
Shareholder Approval Date: 2024-12-12
Shareholder Approval Date: 2025-01-08
Expenses Legal: $141,642
Expenses Accounting: $3,000
Expenses Proxy Solicitation: $157,215
Expenses Intermediary: $10,805
Expenses Regulatory Fee: $93,585
Total Expenses: $406,247
Surviving Fund Name: Managed Portfolio Series
Surviving Fund File Number: 811-22525
Reorganization Agreement File Number: 333-282308
Reorganization Agreement Form Type: 497
Reorganization Agreement File Date: 2024-11-01
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