Document ID: SEC-2015-1837-0001
Agency: sec
Document Type: Notice
Title: Applications for Deregistration under the Investment Company Act
Posted Date: 2015-11-05T05:00Z

[Federal Register Volume 80, Number 214 (Thursday, November 5, 2015)]
[Notices]
[Pages 68584-68585]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-28149]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-31887]

Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

October 30, 2015.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
October 2015. A copy of each application may be obtained via the 
Commission's Web site by searching for the file number, or for an 
applicant using the Company name box, at http://www.sec.gov/search/search.htm or by calling (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 writing to the 
SEC's Secretary at the address below and serving the relevant applicant 
with a copy of the request, personally or by mail. Hearing requests 
should be received by the SEC by 5:30 p.m. on November 20, 2015, 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.

ADDRESSES:  The Commission: Brent J. Fields, Secretary, U.S. Securities 
and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.

FOR FURTHER INFORMATION CONTACT:  Chief Counsel's Office at (202) 551-
6821, SEC, Division of Investment

[[Page 68585]]

Management, Chief Counsel's Office, 100 F Street NE., Washington, DC 
20549-8010.

Santander AM Funds Trust [File No. 811-22890]

    Summary: Applicant 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 September 28, 2015.
    Applicant's Address: 2 Morrissey Boulevard, Dorchester, 
Massachusetts 02125.

Eudora Funds [File No. 811-22729]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On September 10, 2015, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $7,750 incurred in connection with the liquidation were 
paid by applicant's investment adviser.
    Filing Dates: The application was filed on September 30, 2015.
    Applicant's Address: 8000 Town Centre Drive, Suite 400, Broadview 
Heights, Ohio 44147.

Russell Exchange Traded Funds Trust [File No. 811-22320]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On January 30, 2015, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $41,223 incurred in connection with the liquidation were 
paid by applicant's investment adviser.
    Filing Dates: The application was filed on October 5, 2015.
    Applicant's Address: 1301 Second Avenue, 18th Floor, Seattle, 
Washington 98101.

HCIM Trust [File No. 811-22871]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant transferred its assets to Hatteras 
Disciplined Opportunity Fund, a series of Hatteras Alternative Mutual 
Funds Trust, and on July 10, 2015, made a final distribution to its 
shareholders based on net asset value. Expenses of $16,987.50 incurred 
in connection with the reorganization were paid by the investment 
adviser of the applicant and the acquiring fund.
    Filing Dates: The application was filed on October 6, 2015.
    Applicant's Address: 6601 Six Forks Road, Suite 340, Raleigh, North 
Carolina 27615.

Franklin Mutual Recovery Fund [File No. 811-21306]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant 
transferred its assets to Franklin Mutual Quest Fund of the Franklin 
Mutual Series Funds, and on August 27, 2015, made a final distribution 
to its shareholders based on net asset value. Expenses of approximately 
$116,653 incurred in connection with the reorganization were paid by 
the acquiring fund and the investment adviser of the applicant and the 
acquiring fund.
    Filing Dates: The application was filed on October 23, 2015.
    Applicant's Address: 101 John F. Kennedy Parkway, Short Hills, New 
Jersey 07078-2702

Master Basic Value LLC [File No. 811-10179]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On February 9, 2015, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of approximately $135,046 incurred in connection with the 
liquidation were paid by applicant's investment adviser.
    Filing Dates: The application was filed on October 28, 2015.
    Applicant's Address: 100 Bellevue Parkway, Wilmington, Delaware 
19809

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-28149 Filed 11-4-15; 8:45 am]
 BILLING CODE 8011-01-P