Deregistration Under Section 8(f) of the Investment Company Act of 1940
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Issuing agencies
Abstract
Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. The applicant has transferred its assets to First Trust Exchange-Traded Fund VIII, and on June 30, 2025 made a final distribution to its shareholders based on net asset value. Expenses of $451,616.94 incurred in connection with the reorganization were paid by the applicant and the applicant's investment adviser. Filing Date: The application was filed on August 4, 2025. Applicant's Address: 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187.
Full Text
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<title>Federal Register, Volume 90 Issue 168 (Wednesday, September 3, 2025)</title>
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[Federal Register Volume 90, Number 168 (Wednesday, September 3, 2025)]
[Notices]
[Pages 42646-42647]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-16901]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35732]
Deregistration Under Section 8(f) of the Investment Company Act
of 1940
August 29, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'')
ACTION: Notice of applications for deregistration under Section 8(f) of
the Investment Company Act of 1940.
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The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
August 2025. A copy of each application may be obtained via the
Commission's website by searching for the applicable file number listed
below, or for an applicant using the Company name search field, on the
SEC's EDGAR system. The SEC's EDGAR system may be searched at <a href="https://www.sec.gov/edgar/searchedgar/companysearch.html">https://www.sec.gov/edgar/searchedgar/companysearch.html</a>. You may also call the
SEC's Office of Investor Education and Advocacy at (202) 551-8090. An
order granting each application will be issued unless the SEC orders a
hearing. Interested persons may request a hearing on any application by
emailing the SEC's Secretary at <a href="/cdn-cgi/l/email-protection#4516202637203124373c36680a23232c2620053620266b222a33"><span class="__cf_email__" data-cfemail="a5f6c0c6d7c0d1c4d7dcd688eac3c3ccc6c0e5d6c0c68bc2cad3">[email protected]</span></a> and serving
the relevant applicant with a copy of the request by email, if an email
address is listed for the relevant applicant below, or personally or by
mail, if a physical address is listed for the relevant applicant below.
Hearing requests should be received by the SEC by 5:30 p.m. on
September 23, 2025, and should be accompanied by proof of service on
applicants, in the form of an affidavit or, for lawyers, a certificate
of service. Pursuant to Rule 0-5 under the Act, hearing requests should
state the nature of the writer's interest, any facts bearing upon the
desirability of a hearing on the matter, the reason for the request,
and the issues contested. Persons who wish to be notified of a hearing
may request notification by writing to the Commission's Secretary at
<a href="/cdn-cgi/l/email-protection#580b3d3b2a3d2c392a212b75173e3e313b3d182b3d3b763f372e"><span class="__cf_email__" data-cfemail="3b685e58495e4f5a49424816745d5d52585e7b485e58155c544d">[email protected]</span></a>.
ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#2f7c4a4c5d4a5b4e5d565c02604949464c4a6f5c4a4c01484059"><span class="__cf_email__" data-cfemail="2e7d4b4d5c4b5a4f5c575d03614848474d4b6e5d4b4d00494158">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Shawn Davis, Assistant Director, at
(202) 551-6413 or Chief Counsel's Office at (202) 551-6821; SEC,
Division of Investment Management, Chief Counsel's Office, 100 F Street
NE, Washington, DC 20549-8010.
First Trust Specialty Finance & Financial Opportunities Fund. [File No.
811-22039]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. The applicant
has transferred its assets to First Trust Exchange-Traded Fund VIII,
and on June 30, 2025 made a final distribution to its shareholders
based on net asset value. Expenses of $451,616.94 incurred in
connection with the reorganization were paid by the applicant and the
applicant's investment adviser.
Filing Date: The application was filed on August 4, 2025.
Applicant's Address: 120 East Liberty Drive, Suite 400, Wheaton,
Illinois 60187.
Mammoth Institutional Credit Access Fund [File No. 811-23844]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Dates: The application was filed on July 11, 2023, and
amended on May 24, 2024, and August 6, 2025.
Applicant's Address: 3201 Stellhorn Road, Suite A-124, Fort Wayne,
Indiana 46815.
Mammoth Institutional Equity Access Fund [File No. 811-23845]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Dates: The application was filed on July 11, 2023, and
amended on May 24, 2024, and August 6, 2025.
[[Page 42647]]
Applicant's Address: 3201 Stellhorn Road, Suite A-124, Fort Wayne,
Indiana 46815.
Prospector Funds, Inc. [File No. 811-22077]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. The applicant has transferred its assets to
Managed Portfolio Series, and on September 9, 2024 made a final
distribution to its shareholders based on net asset value. Expenses of
$205,000 incurred in connection with the reorganization were paid by
the applicant's investment adviser and the acquiring fund.
Filing Dates: The application was filed on December 17, 2024 and
amended on July 29, 2025.
Applicant's Address: 370 Church Street, Guilford, Connecticut
06347.
Seventh Automatic Common Exchange Security Trust [File No. 811-08829]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Dates: The application was filed on June 28, 2024 and
amended on June 3, 2025, and July 23, 2025.
Applicant's Address: 200 West Street, New York, New York 10282-
2198.
Twelfth Automatic Common Exchange Security Trust [File No. 811-09429]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Dates: The application was filed on June 28, 2024 and
amended on June 3, 2025, and July 23, 2025.
Applicant's Address: 200 West Street, New York, New York 10282-
2198.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-16901 Filed 9-2-25; 8:45 am]
BILLING CODE 8011-01-P
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