Corporate Board Profile
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| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes - Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2004-07-26 | Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. |
| 2005-07-21 | Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. |
| 2006-06-15 | Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65)** Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2002-03-21 | Ronald W. Forbes (61)*400 Washington AvenueAlbany, New York 12222 Director since 1993 Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. * Each of the nominees is a director, trustee or member of an advisory board of certain other investment companies for which FAM or its affiliate, Merrill Lynch Investment Managers, L.P. ("MLIM"), acts as an investment adviser and is a member of the audit committee of the funds for which he currently serves as a director or trustee and will be a member of the Audit and Oversight Committee of the Fund if elected a Director. The Fund also pays each member of its Committee, which consists of all the non-interested Directors, an annual fee of $1,900 plus a fee of $150 for each Committee meeting attended in person, together with such Director's out-of-pocket expenses relating to attendance at meetings. The Co-Chairmen of the Committee receive an additional annual fee of $1,000. These fees and expenses aggregated $28,520 for the fiscal year ended October 31, 2001. The following table sets forth for the fiscal year ended October 31, 2001 compensation paid by the Fund to the non-interested Directors and, for the calendar year ended December 31, 2001, the aggregate compensation paid by FAM/MLIM-Advised Funds to the non-interested Directors. Ronald W. Forbes* Director $4,400 None None $293,400 * Co-Chairmen of the Committee. |
| 2002-12-16 | Ronald W. Forbes (62) - Director of each Fund since the year listed in Exhibit B. Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000. Member of the Audit and Oversight Committee. Compensation: $5,000 from each Fund. |
| 2003-12-18 | Ronald W. Forbes (63) - Director of each Fund since the year listed in Exhibit B. Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. Each of the Nominee Directors is a member of the Audit and Oversight Committees. Compensation of Non-Interested Directors: Ronald W. Forbes - $6,000 compensation from each Fund. |
| 2004-12-21 | Ronald W. Forbes (64) Director Director of each Fund since the year listed in Exhibit B. Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. |
| 2005-12-21 | Ronald W. Forbes (65)* Director Chairman of each Fund's Board and Audit Committee. Each of the non-interested Director Nominees is a member of the Audit Committee of each of the Funds. Mr. Forbes received $5,588 from Diversified Income Fund as compensation. |
| 2006-06-15 | Ronald W. Forbes (65)** Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2002-12-16 | Ronald W. Forbes (62) - Director of each Fund; Professor Emeritus of Finance, School of Business, State University of New York at Albany; member of Audit and Oversight Committee; Compensation from each Fund $5,000; Co-Chairman of each Fund's Committee. |
| 2003-12-18 | Ronald W. Forbes (63) Director Director of each Fund since the year listed in Exhibit B. Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. Each of the Nominee Directors is a member of the Audit and Oversight Committees. Compensation of Non-Interested Directors: Ronald W. Forbes $6,000. |
| 2004-12-21 | Ronald W. Forbes (64) Director Director of each Fund since the year listed in Exhibit B. Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. Each of the non-interested Nominee Directors is a member of the Audit and Oversight Committees. Currently, Mr. Forbes, Ms. Montgomery, Ms. Reid, Mr. Suddarth, Mr. West and Mr. Zinbarg are members of each Fund's Audit Committee and Nominating Committee. The Chairman of each Fund's Audit Committee receives an additional annual fee of $1,000. Compensation of Non-Interested Directors: Forbes FRIS II $4,366.67. |
| 2005-12-21 | Ronald W. Forbes (65)* Director Chairman of each Fund's Board and Audit Committee. Each of the non-interested Director Nominees is a member of the Audit Committee of each of the Funds. Compensation of Non-Interested Directors: Forbes $5,588 for Diversified Income. |
| 2006-06-15 | Ronald W. Forbes (65) Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. Nominating Committee Members for Funds supervised by Board B include Cynthia A. Montgomery and Edward D. Zinbarg. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65)** Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios Chairman of the Board and the Audit Committee. Nominating Committee Members for Funds supervised by Board B: Cynthia A. Montgomery and Edward D. Zinbarg |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65) Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65)** Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65) Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65)** Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. None. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65)** Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended, together with such Board Member's out-of-pocket expenses relating to attendance at such meetings. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
| Filing Date | Source Excerpt |
|---|---|
| 2006-06-15 | Ronald W. Forbes (65) Board Member Professor Emeritus of Finance, School of Business, State University of New York at Albany since 2000 and Professor thereof from 1989 to 2000; International Consultant, Urban Institute, Washington, D.C. from 1995 to 1999. 49 registered investment companies consisting of 50 portfolios. Chairman of the Board and the Audit Committee. MH Fund and MH Insured each pay each non-interested Board Member a combined fee of $3,800 per year plus a fee of $150 for each in-person Board meeting attended and $150 for each in person Audit Committee meeting attended. Debt Strategies, SHIP, FRIS and FRIS II each pay each non-interested Board Member a combined fee of $4,400 per year plus a fee of $325 for each in person Board meeting attended and $325 for each in person Audit Committee meeting attended. The Chairman of each fund's Audit Committee receives an additional annual fee of $2,083. |
Data sourced from SEC filings. Last updated: 2026-02-03