DCF Advisers LLC Takes $895,000 Position in SRH Total Return Fund, Inc. $STEW

DCF Advisers LLC bought a new position in shares of SRH Total Return Fund, Inc. (NYSE:STEW) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 50,000 shares of the company’s stock, valued at approximately $895,000. DCF Advisers LLC owned 0.05% of SRH Total Return Fund at the end of the most recent quarter.

Several other large investors also recently modified their holdings of STEW. Winning Points Advisors LLC purchased a new position in SRH Total Return Fund during the 4th quarter valued at about $3,414,000. Evolve Private Wealth LLC purchased a new stake in SRH Total Return Fund in the 4th quarter worth approximately $2,961,000. Kingdom Financial Group LLC. bought a new stake in shares of SRH Total Return Fund in the 4th quarter worth approximately $2,865,000. Bulldog Investors LLP grew its position in shares of SRH Total Return Fund by 11.3% in the 4th quarter. Bulldog Investors LLP now owns 1,243,823 shares of the company’s stock worth $23,060,000 after buying an additional 126,241 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of SRH Total Return Fund by 44.0% during the fourth quarter. LPL Financial LLC now owns 393,713 shares of the company’s stock valued at $7,299,000 after buying an additional 120,366 shares during the period. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Stock Performance

Shares of SRH Total Return Fund stock opened at $18.52 on Thursday. The business has a 50 day moving average of $18.22 and a 200 day moving average of $17.83. SRH Total Return Fund, Inc. has a 52 week low of $16.55 and a 52 week high of $19.05.

SRH Total Return Fund Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 23rd will be issued a $0.20 dividend. The ex-dividend date is Friday, October 23rd. This represents a $0.80 annualized dividend and a yield of 4.3%.

About SRH Total Return Fund

SRH Total Return Fund (NYSE: STEW) is a diversified closed-end management investment company seeking high total return through a combination of income and capital appreciation. The fund pursues its objective by investing primarily in income-producing securities such as corporate bonds, convertible securities, preferred stocks and dividend-paying common stocks.

Portfolio managers employ active credit analysis and duration management to navigate changing market conditions and capture yield opportunities across both investment-grade and high-yield segments.