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, Inc. (NYSE:STEW) announced a distribution of $0.125 per share, payable to stockholders of record as of January 24, 2023. This distribution is part of a managed distribution policy allowing the Fund to distribute capital gains along with net investment income. The breakdown of the distribution indicates that 64.63% will come from return of capital, while 4.08% from net investment income, 18.54% from short-term capital gains, and 12.75% from long-term capital gains. The Fund's annualized distribution rate is 3.28% as a percentage of the NAV, with a cumulative total return of -4.03% over the same period.
SRH Total Return Fund, Inc. (NYSE: STEW) announced a 4.17% increase in its quarterly distribution to $0.125 per share, effective January 2023. This adjustment follows the Fund's managed distribution program, aiming for consistent quarterly payouts of $0.125 or approximately $0.50 annually. As of November 4, 2022, the distribution represents about 4.12% of the Fund's market price. The Fund trades at a 17.43% discount to its net asset value (NAV) of $14.69 per share.
On October 31, 2022, SRH Total Return Fund (NYSE: STEW) announced a cash distribution of $0.12 per share for shareholders recorded by October 24, 2022. The Fund follows a managed distribution policy approved by its Board, allowing the use of capital gains for distributions. The current distribution breakdown includes 33.92% from net investment income and 66.08% from net realized long-term capital gains. The Fund's annualized distribution rate is 3.60%, with a cumulative total return of -12.81% for the fiscal year. Shareholders are advised that actual amounts may vary due to market conditions.
SRH Total Return Fund (NYSE: STEW) announced a cash distribution of $0.120 per share, payable to stockholders of record as of July 22, 2022. This distribution follows the Fund's managed distribution policy, allowing for capital gains to be part of these regular distributions. The sources for the current distribution include 28.10% from net investment income and 71.90% from net realized long-term capital gains. The Fund's annualized distribution rate is 3.39% of its NAV, while the cumulative total return stands at -8.24%.
On April 29, 2022, SRH Total Return Fund (NYSE: STEW) announced a distribution of $0.120 per common share to stockholders of record as of April 22, 2022. This payment follows a managed distribution policy, allowing the fund to utilize capital gains for distributions. The current distribution comprises 21.33% from net investment income, 10.42% from short-term capital gains, and 68.25% from long-term capital gains, totaling 100%. The fund's annualized distribution rate is 2.77%, reflecting a proactive approach to enhancing shareholder returns while managing its NAV against market conditions.
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