SRH Total Return Fund, Inc. Declares Quarterly Distribution
SRH Total Return Fund (NYSE:STEW) has announced a quarterly distribution of $0.1650 per share for April 2025, as part of its managed distribution program. The Fund aims to distribute approximately $0.66 per year, representing about 3.91% of its market price and 3.05% of its net asset value (NAV) as of February 14, 2025.
The Fund's current market price shows a 22.10% discount to its NAV ($21.67 per share vs. $16.88 market price). This cash distribution structure, combined with the trading discount, could be accretive to the Fund's market-price-based return. The distribution is part of a managed distribution program established in November 2015 under Section 19(b) exemptive order, aiming to provide regular quarterly distributions regardless of income earned or capital gains realized.
The Fund operates as a non-diversified closed-end investment company traded on the NYSE. Investors should note that distribution amounts and sources are estimates, and final tax reporting details will be provided via Form 1099-DIV.
Il SRH Total Return Fund (NYSE:STEW) ha annunciato una distribuzione trimestrale di $0.1650 per azione per aprile 2025, come parte del suo programma di distribuzione gestita. Il Fondo mira a distribuire circa $0.66 all'anno, corrispondente a circa il 3.91% del suo prezzo di mercato e il 3.05% del suo valore netto degli attivi (NAV) al 14 febbraio 2025.
Il prezzo di mercato attuale del Fondo mostra uno sconto del 22.10% rispetto al suo NAV ($21.67 per azione contro $16.88 prezzo di mercato). Questa struttura di distribuzione in contante, combinata con lo sconto commerciale, potrebbe essere redditizia per il rendimento basato sul prezzo di mercato del Fondo. La distribuzione fa parte di un programma di distribuzione gestita istituito nel novembre 2015 ai sensi dell'ordine esentivo Sezione 19(b), volto a fornire distribuzioni trimestrali regolari indipendentemente dal reddito guadagnato o dai guadagni in conto capitale realizzati.
Il Fondo opera come una società di investimento chiusa non diversificata quotata al NYSE. Gli investitori devono notare che gli importi e le fonti di distribuzione sono stime, e i dettagli finali sulla segnalazione fiscale saranno forniti tramite il modulo 1099-DIV.
El SRH Total Return Fund (NYSE:STEW) ha anunciado una distribución trimestral de $0.1650 por acción para abril de 2025, como parte de su programa de distribución gestionada. El Fondo tiene como objetivo distribuir aproximadamente $0.66 al año, lo que representa alrededor del 3.91% de su precio de mercado y el 3.05% de su valor neto de activos (NAV) al 14 de febrero de 2025.
El precio de mercado actual del Fondo muestra un descuento del 22.10% respecto a su NAV ($21.67 por acción frente a $16.88 precio de mercado). Esta estructura de distribución en efectivo, combinada con el descuento comercial, podría ser beneficiosa para el rendimiento basado en el precio de mercado del Fondo. La distribución es parte de un programa de distribución gestionada establecido en noviembre de 2015 bajo la orden exenta de la Sección 19(b), que tiene como objetivo proporcionar distribuciones trimestrales regulares independientemente de los ingresos obtenidos o las ganancias de capital realizadas.
El Fondo opera como una compañía de inversión cerrada no diversificada que se cotiza en el NYSE. Los inversores deben tener en cuenta que los montos y las fuentes de distribución son estimaciones, y los detalles finales sobre la declaración de impuestos se proporcionarán a través del formulario 1099-DIV.
SRH 총 수익 기금 (NYSE:STEW)는 2025년 4월에 주당 $0.1650의 분기 배당금을 발표했습니다. 이는 관리형 배당 프로그램의 일환입니다. 이 기금은 연간 약 $0.66를 분배할 계획이며, 이는 2025년 2월 14일 기준으로 시장 가격의 약 3.91%와 순 자산 가치(NAV)의 3.05%에 해당합니다.
현재 기금의 시장 가격은 NAV에 비해 22.10% 할인된 가격을 보여줍니다 ($21.67 주당 가격 대 $16.88 시장 가격). 이러한 현금 분배 구조는 거래 할인과 결합되어 기금의 시장 가격 기반 수익에 긍정적인 영향을 미칠 수 있습니다. 이 배당금은 2015년 11월에 제19(b) 면제 명령에 따라 설정된 관리형 배당 프로그램의 일환입니다. 이 프로그램은 수익이나 실현된 자본 이익에 관계없이 정기적인 분기 배당금을 제공하는 것을 목표로 합니다.
이 기금은 NYSE에서 거래되는 비다각화 폐쇄형 투자 회사로 운영됩니다. 투자자는 배당금의 금액 및 출처가 추정치라는 점을 유의해야 하며, 최종 세금 보고 세부 사항은 1099-DIV 양식을 통해 제공될 것입니다.
Le SRH Total Return Fund (NYSE:STEW) a annoncé une distribution trimestrielle de 0,1650 $ par action pour avril 2025, dans le cadre de son programme de distribution géré. Le Fonds vise à distribuer environ 0,66 $ par an, ce qui représente environ 3,91 % de son prix de marché et 3,05 % de sa valeur nette d'actifs (NAV) au 14 février 2025.
Le prix de marché actuel du Fonds montre une remise de 22,10 % par rapport à son NAV (21,67 $ par action contre 16,88 $ prix de marché). Cette structure de distribution en espèces, combinée à la remise de négociation, pourrait être bénéfique pour le rendement basé sur le prix de marché du Fonds. La distribution fait partie d'un programme de distribution géré établi en novembre 2015 en vertu de l'ordre d'exemption de la section 19(b), visant à fournir des distributions trimestrielles régulières, indépendamment des revenus générés ou des plus-values réalisées.
Le Fonds opère en tant que société d'investissement fermée non diversifiée cotée à la NYSE. Les investisseurs doivent noter que les montants et les sources de distribution sont des estimations, et les détails finaux concernant la déclaration fiscale seront fournis via le formulaire 1099-DIV.
Der SRH Total Return Fund (NYSE:STEW) hat eine vierteljährliche Ausschüttung von 0,1650 $ pro Aktie für April 2025 angekündigt, im Rahmen seines verwalteten Ausschüttungsprogramms. Der Fonds zielt darauf ab, ungefähr 0,66 $ pro Jahr auszuschütten, was etwa 3,91% seines Marktpreises und 3,05% seines Nettovermögenswerts (NAV) am 14. Februar 2025 entspricht.
Der aktuelle Marktpreis des Fonds zeigt einen Rabatt von 22,10% auf seinen NAV (21,67 $ pro Aktie gegenüber 16,88 $ Marktpreis). Diese Struktur der Barausschüttung, kombiniert mit dem Handelspreisrabatt, könnte den marktbasierten Ertrag des Fonds positiv beeinflussen. Die Ausschüttung ist Teil eines im November 2015 unter der Befreiungsordnung gemäß Abschnitt 19(b) eingerichteten verwalteten Ausschüttungsprogramms, das darauf abzielt, regelmäßige vierteljährliche Ausschüttungen unabhängig von den erzielten Einkünften oder realisierten Kapitalgewinnen bereitzustellen.
Der Fonds operiert als nicht diversifiziertes geschlossenes Investmentunternehmen, das an der NYSE gehandelt wird. Anleger sollten beachten, dass die Ausschüttungsbeträge und -quellen Schätzungen sind und die endgültigen Steuerberichterstattungsdetails über das Formular 1099-DIV bereitgestellt werden.
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DENVER, CO / ACCESS Newswire / February 20, 2025 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of
Due to the current discount of the Fund's market price to its per share NAV and the fact that distributions are made in cash (i.e., at NAV), if Fund shares continue to trade at a discount at the time of this distribution, then it will be accretive to the Fund's market-price-based return. The April 2024 quarterly distribution will be payable in cash to stockholders of record per the following critical dates:
Pay Date | Record Date | Ex-Dividend Date | Amount Per Share |
April 30, 2025 | April 23, 2025 | April 23, 2025 |
As previously announced, the Board of Directors instituted a managed distribution program in accordance with its Section 19(b) exemptive order in November 2015. In adopting the program, the Fund seeks to provide a regular quarterly distribution to its common stockholders which is not dependent on the amount of income earned or capital gains realized by the Fund.
Investors should not make any conclusions about the Fund's investment performance from the amount of the Fund's distributions or the Fund's distribution policy. With each distribution that does not consist solely of net investment income, the Fund will issue a notice to shareholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
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The Fund
SRH Total Return Fund, Inc. is a non-diversified closed-end investment company traded on the New York Stock Exchange under the trading symbol "STEW". As of February 14, 2025, the Fund's NAV was
The Fund is a closed-end fund and does not continuously issue stock for sale as open-end mutual funds do. The Fund now trades in the secondary market. Investors wishing to buy or sell stock need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market value.
Paralel Advisors LLC
Paralel Advisors LLC serves as the investment advisor to the SRH Total Return Fund. Together with our parent company, Paralel Technologies LLC, we develop technology-based solutions to better serve investors.
SRH Advisors, LLC
SRH Advisors, LLC (formerly known as Rocky Mountain Advisers, LLC), is an investment adviser registered with the SEC based out of Kansas. More information about SRH is available at www.srhtotalreturnfund.com as well as https://srhadvisorsllc.com/.
NOT FDIC INSURED | May Lose Value | No Bank Guarantee
Contact info:
Website: https://srhtotalreturnfund.com/
Email: stewclientinquiries@paralel.com
SOURCE: SRH Total Return Fund, Inc.
View the original press release on ACCESS Newswire
FAQ
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