Welcome to our dedicated page for SRH Total Return Fund news (Ticker: STEW), a resource for investors and traders seeking the latest updates and insights on SRH Total Return Fund stock.
SRH Total Return Fund, Inc. (NYSE: STEW) is a non-diversified closed-end management investment company with a mission to seek total return through strategic investments. The Fund leverages a bottom-up, value-driven investment process to identify securities of high-quality businesses trading below their intrinsic value. This approach aims to maximize returns for its stockholders by investing in undervalued assets.
The Fund offers its services in various formats, including an actively-managed closed-end fund, an actively-managed ETF, and a passively-managed ETF. This diversified approach allows investors to choose the best investment vehicle that aligns with their financial goals and risk tolerance.
One of the key aspects of SRH Total Return Fund, Inc. is its managed distribution policy. This policy, adopted with the approval of the Securities and Exchange Commission (SEC) and the Fund's Board of Directors, allows the Fund to utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders. This provides greater flexibility in realizing and distributing capital gains.
Recent achievements include regular quarterly distributions on its common stock. For instance, on July 31, 2023, October 31, 2023, January 31, 2024, and April 30, 2024, the Fund paid distributions of $0.125 and $0.1375 per share to stockholders of record. These distributions are part of the Fund's commitment to returning value to its stockholders.
The Fund's fiscal year runs from December 1 to November 30. Performance metrics such as Cumulative Total Return and Average Annual Total Return provide an understanding of the Fund's value and growth. For example, Cumulative Total Return includes the percentage change in the Fund's Net Asset Value (NAV) with distributions paid and assumes reinvestment of these distributions. Moreover, the Average Annual Total Return represents the compound average of the Annual NAV Total Returns over a five-year period.
The Fund's Board of Directors closely monitors the distribution level, taking into account factors like net investment income, realized capital gains, available capital, and market conditions. This oversight ensures that the Fund's distribution policy aligns with its long-term total return objectives.
Stockholders are reminded that the distribution amounts and sources may vary from the estimates provided. The Fund emphasizes that a return of capital distribution should not be confused with yield or income, as it does not necessarily reflect the Fund's investment performance.
For more detailed information, investors are encouraged to visit the Fund's website or contact their customer service via email.
SRH Total Return Fund (NYSE:STEW) announces a 20% increase in its quarterly distribution to $0.165 per share starting January 2025, marking its fourth consecutive annual increase. The distribution has grown by 12.8% annually over four years. The upcoming distribution represents approximately 4.07% of the Fund's market price and 3.13% of its NAV. As of November 8, 2024, the Fund's NAV was $21.08 per share with a closing market price of $16.22, reflecting a 23.06% discount to NAV. The January 2025 distribution will be payable to stockholders of record on January 24, 2025.
SRH Total Return Fund (NYSE:STEW) announced a quarterly distribution of $0.1375 per share payable on October 31, 2024, to stockholders of record as of October 24, 2024. The distribution is 100% sourced from net realized long-term capital gains. The Fund's fiscal year-to-date distributions include 11.74% from net investment income, 4.60% from short-term gains, 67.65% from long-term gains, and 16.01% from return of capital. The Fund reports an annualized distribution rate of 2.68% and a cumulative total return of 25.36% for the period December 1, 2023, through September 30, 2024.
SRH Total Return Fund, Inc. (NYSE:STEW) has declared a quarterly distribution of $0.1375 per share for October 2024. This is part of the Fund's managed distribution program, aiming to distribute $0.55 per year. As of August 5, 2024, the distribution represents approximately 3.84% of the Fund's market price and 3.00% of its net asset value (NAV).
Key dates for the distribution are:
- Pay Date: October 31, 2024
- Record Date: October 24, 2024
- Ex-Dividend Date: October 24, 2024
SRH Total Return Fund, Inc. (NYSE:STEW) announced a $0.1375 per share distribution to stockholders on July 31, 2024. The fund's managed distribution policy allows for the inclusion of capital gains in quarterly distributions. The current distribution sources are: 19.02% net investment income, 14.50% short-term capital gains, and 66.48% long-term capital gains.
The fund's fiscal year-to-date cumulative distributions show 15.64% from net investment income, 6.14% from short-term gains, 56.87% from long-term gains, and 21.35% from return of capital. The fund's annualized distribution rate is 2.96% of NAV, with a cumulative total return of 12.36% for the current fiscal year. The average annual total return over five years is 10.53%.
SRH Total Return Fund, Inc. (NYSE:STEW) will pay a distribution of $0.1375 per share to stockholders of record on April 23, 2024. The fund adopted a managed distribution policy to utilize capital gains for quarterly cash distributions. The estimated distribution sources are disclosed, including net investment income and realized capital gains. Stockholders should not infer investment performance solely from the distribution. The fund may have distributed more than income and gains, potentially including a return of capital. The Fund's managed distribution policy aims to provide long-term total return through regular quarterly distributions, which may involve net investment income, capital gains, and return of capital. The distribution level is monitored by the Board of Directors in relation to the Fund's performance and market conditions. The distribution rate is not equivalent to dividend yield or total return.
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