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

DCF Advisers LLC purchased a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 50,000 shares of the company’s stock, valued at approximately $895,000.

Several other hedge funds have also added to or reduced their stakes in STEW. Bulldog Investors LLP lifted its stake in shares of SRH Total Return Fund by 3.5% in the first quarter. Bulldog Investors LLP now owns 1,287,582 shares of the company’s stock worth $22,018,000 after buying an additional 43,759 shares in the last quarter. 1607 Capital Partners LLC grew its position in SRH Total Return Fund by 8.1% in the 4th quarter. 1607 Capital Partners LLC now owns 865,815 shares of the company’s stock worth $16,052,000 after purchasing an additional 64,950 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of SRH Total Return Fund by 9.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 721,643 shares of the company’s stock valued at $12,340,000 after purchasing an additional 63,439 shares during the period. LPL Financial LLC increased its position in shares of SRH Total Return Fund by 44.0% during the 4th 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 during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. lifted its position in SRH Total Return Fund by 1.7% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 382,005 shares of the company’s stock valued at $7,082,000 after purchasing an additional 6,551 shares in the last quarter. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Stock Up 0.1%

NYSE STEW opened at $18.52 on Thursday. The stock’s 50-day moving average price is $18.22 and its 200-day moving average price is $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 firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 23rd will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Friday, October 23rd.

SRH Total Return Fund Profile

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.