SRH Total Return Fund, Inc. Section 19(A) Notice
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%.
Il SRH Total Return Fund, Inc. (NYSE:STEW) ha annunciato una distribuzione di $0.1375 per azione a favore degli azionisti il 31 luglio 2024. La politica di distribuzione gestita del fondo consente l'inclusione di guadagni di capitale nelle distribuzioni trimestrali. Le attuali fonti di distribuzione sono: 19.02% reddito netto da investimenti, 14.50% guadagni di capitale a breve termine, e 66.48% guadagni di capitale a lungo termine.
Le distribuzioni cumulative dall'inizio dell'anno fiscale del fondo mostrano 15.64% da reddito netto da investimenti, 6.14% da guadagni a breve termine, 56.87% da guadagni a lungo termine, e 21.35% da rimborso di capitale. Il tasso di distribuzione annualizzato del fondo è 2.96% del NAV, con un rendimento totale cumulativo di 12.36% per l'attuale anno fiscale. Il rendimento totale annuale medio negli ultimi cinque anni è 10.53%.
El SRH Total Return Fund, Inc. (NYSE:STEW) anunció una distribución de $0.1375 por acción para los accionistas el 31 de julio de 2024. La política de distribución administrada del fondo permite la inclusión de ganancias de capital en las distribuciones trimestrales. Las fuentes de distribución actuales son: 19.02% ingresos netos de inversión, 14.50% ganancias de capital a corto plazo, y 66.48% ganancias de capital a largo plazo.
Las distribuciones acumuladas del fondo desde el inicio del año fiscal muestran 15.64% de ingresos netos de inversión, 6.14% de ganancias a corto plazo, 56.87% de ganancias a largo plazo, y 21.35% de reembolso de capital. La tasa de distribución anualizada del fondo es 2.96% del NAV, con un retorno total acumulado de 12.36% para el año fiscal actual. El retorno total anual promedio en los últimos cinco años es 10.53%.
SRH 총수익 펀드, Inc. (NYSE:STEW)는 2024년 7월 31일 주주에게 주당 $0.1375 배당금을 발표했습니다. 펀드의 관리 배당 정책은 분기별 배당금에 자본 이익 포함을 허용합니다. 현재 배당금 출처는 19.02% 순 투자 소득, 14.50% 단기 자본 이익, 그리고 66.48% 장기 자본 이익입니다.
회계 연도 누적 배당금은 15.64% 순 투자 소득, 6.14% 단기 이익, 56.87% 장기 이익, 그리고 21.35% 자본 환급을 보여줍니다. 펀드의 연간화된 배당률은 2.96%이며, 현재 회계 연도의 누적 총 수익률은 12.36%입니다. 지난 5년 간의 평균 연간 총 수익률은 10.53%입니다.
Le SRH Total Return Fund, Inc. (NYSE:STEW) a annoncé une distribution de $0.1375 par action aux actionnaires le 31 juillet 2024. La politique de distribution gérée du fonds permet l'inclusion des gains en capital dans les distributions trimestrielles. Les sources de distribution actuelles sont : 19.02% de revenus nets d'investissement, 14.50% de gains en capital à court terme, et 66.48% de gains en capital à long terme.
Les distributions cumulatives du fonds depuis le début de l'exercice fiscal montrent 15.64% de revenus nets d'investissement, 6.14% de gains à court terme, 56.87% de gains à long terme, et 21.35% de retour de capital. Le taux de distribution annualisé du fonds est de 2.96% du NAV, avec un retour total cumulé de 12.36% pour l'exercice fiscal en cours. Le retour total annuel moyen sur cinq ans est de 10.53%.
Der SRH Total Return Fund, Inc. (NYSE:STEW) gab am 31. Juli 2024 eine Verteilung von $0.1375 pro Aktie an die Aktionäre bekannt. Die verwaltete Ausschüttungspolitik des Fonds erlaubt die Einbeziehung von Kapitalgewinnen in den vierteljährlichen Ausschüttungen. Die aktuellen Quellen der Ausschüttung sind: 19.02% Nettobilanz, 14.50% kurzfristige Kapitalgewinne und 66.48% langfristige Kapitalgewinne.
Die kumulierten Ausschüttungen des Fonds seit Jahresbeginn zeigen 15.64% aus Nettobilanz, 6.14% aus kurzfristigen Gewinnen, 56.87% aus langfristigen Gewinnen und 21.35% aus Kapitalrückgaben. Die annualisierte Ausschüttungsrate des Fonds beträgt 2.96% des NAV, mit einer kumulierten Gesamtrendite von 12.36% für das aktuelle Geschäftsjahr. Die durchschnittliche jährliche Gesamtrendite über fünf Jahre liegt bei 10.53%.
- Distribution of $0.1375 per share to stockholders
- 66.48% of current distribution from long-term capital gains
- 12.36% cumulative total return for the current fiscal year
- 10.53% average annual total return over five years
- 21.35% of fiscal year-to-date distributions from return of capital
- Fund estimates it has distributed more than its income and net realized capital gains
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund"), a closed-end investment company, will pay a distribution on its common stock of
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated in the table. In addition, the table shows the percentages of the total distribution amount per share attributable to (i) net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| Percentage (%) |
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Net Investment Income |
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| 0.02615 |
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| 19.02 | % |
Net Realized Short-Term Capital Gains |
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| 0.01994 |
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| 14.50 | % |
Net Realized Long-Term Capital Gains |
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| 0.09141 |
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| 66.48 | % |
Return of Capital or other Capital Source |
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| 0.00000 |
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| 0.00 | % |
Total (per common share) |
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| 0.13750 |
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| 100.00 | % |
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Fiscal Year-to-Date Cumulative |
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Distributions from[1]: |
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| Per Share ($) |
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| Percentage(%) |
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Net Investment Income |
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| 0.06455 |
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| 15.64 | % |
Net Realized Short-Term Capital Gains |
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| 0.02531 |
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| 6.14 | % |
Net Realized Long-Term Capital Gains |
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| 0.23458 |
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| 56.87 | % |
Return of Capital or other Capital Source |
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| 0.08806 |
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| 21.35 | % |
Total (per common share) |
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| 0.41250 |
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| 100.00 | % |
[1] The Fund's fiscal year is December 1 to November 30. Information shown is for the period beginning December 1, 2023.
Stockholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this 19(a) Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield' or ‘income'.
The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to the distribution declaration date. While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a stockholder's investment in the Fund. The value of a stockholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance & Distribution Rate Information
Annualized Distribution Rate as a Percentage of NAV^ |
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| 2.96 | % |
Cumulative Distribution Rate as a Percentage of NAV* |
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| 2.22 | % |
Cumulative Total Return as a Percentage of NAV** |
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| 12.36 | % |
Average Annual Total Return*** |
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| 10.53 | % |
^ Based on the Fund's NAV as of June 30, 2024 and the quarterly distribution of
*Based on the Fund's NAV as of June 30, 2024 and includes distributions through July 31, 2024.
**Cumulative Total Return is the percentage change in the Fund's NAV including distributions paid and assuming reinvestment of these distributions for the period December 1, 2023 through June 30, 2024.
***Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending June 30, 2024. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of these distributions.
The Fund has a managed distribution policy that seeks to deliver the Fund's long term total return potential through regular quarterly distributions declared at a fixed rate per share. Distributions may be paid in part or in full from net investment income, realized capital gains and by returning capital, or a combination thereof. Stockholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the stockholder's capital. A return of capital is not taxable; rather it reduces a stockholder's tax basis in his or her shares of the Fund.
The Fund's Board of Directors reviews the amount of any distributions made pursuant to the Fund's distribution policy and considers the income earned and capital gains realized by the Fund, as well as the Fund's available capital. The Board of Directors will continue to monitor the Fund's distribution level, taking into consideration, among other things, the Fund's net asset value and market conditions. The Fund's distribution policy is subject to modification, suspension or termination by the Board of Directors at any time, which could have an adverse effect on the market price of the Fund's shares. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
For more information on the Fund, please visit us on the web at www.srhtotalreturnfund.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 accesswire.com
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