Bulldog Investors LLP Raises Stock Holdings in SRH Total Return Fund, Inc. $STEW

Bulldog Investors LLP boosted its stake in SRH Total Return Fund, Inc. (NYSE:STEW) by 3.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,287,582 shares of the company’s stock after purchasing an additional 43,759 shares during the quarter. SRH Total Return Fund comprises 5.0% of Bulldog Investors LLP’s investment portfolio, making the stock its biggest position. Bulldog Investors LLP owned 1.34% of SRH Total Return Fund worth $22,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of STEW. JP Wealth Management Inc. increased its holdings in SRH Total Return Fund by 17.5% in the 4th quarter. JP Wealth Management Inc. now owns 1,475,715 shares of the company’s stock valued at $27,360,000 after buying an additional 219,432 shares during the period. Winning Points Advisors LLC bought a new stake in shares of SRH Total Return Fund during the 4th quarter worth approximately $3,414,000. Evolve Private Wealth LLC acquired a new stake in shares of SRH Total Return Fund during the 4th quarter worth approximately $2,961,000. Kingdom Financial Group LLC. bought a new position in SRH Total Return Fund in the fourth quarter valued at approximately $2,865,000. Finally, LPL Financial LLC raised its position in 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 purchasing an additional 120,366 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Stock Performance

NYSE STEW opened at $18.23 on Tuesday. The business has a fifty day moving average price of $17.79 and a two-hundred day moving average price of $17.78. SRH Total Return Fund, Inc. has a fifty-two week low of $16.55 and a fifty-two week high of $18.67.

SRH Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 24th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.4%.

Insider Activity at SRH Total Return Fund

In other SRH Total Return Fund news, Director Jacob E. Hemmer acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was acquired at an average cost of $17.53 per share, for a total transaction of $87,650.00. Following the transaction, the director directly owned 10,000 shares in the company, valued at $175,300. This represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.09% of the company’s stock.

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.