Welcome to our dedicated page for SRH TOTAL RETURN FUND news (Ticker: STEW), a resource for investors and traders seeking the latest updates and insights on SRH TOTAL RETURN FUND stock.
SRH Total Return Fund, Inc. (NYSE: STEW) is a non-diversified closed-end investment company that publicly reports on its distributions, managed distribution policy, and governance activities. News about STEW often centers on quarterly distribution declarations, changes to the distribution rate, and detailed Section 19(a) or 19a notices that explain the estimated sources of each payment.
Press releases describe how the Fund’s managed distribution program operates under a Section 19(b) exemptive order, outlining the fixed per-share quarterly distribution level and whether payments are expected to come from net investment income, net realized capital gains, or return of capital. These announcements frequently highlight how the Fund’s market price compares to its net asset value (NAV), noting when shares trade at a discount and explaining the implications for market-price-based returns.
Investors following STEW news will also see periodic Section 19(a) notices that break down distributions into income, short-term gains, long-term gains, and return of capital, along with NAV-based performance figures such as annualized distribution rates and cumulative total returns. In addition, corporate governance developments, such as definitive proxy statements and notices of the Annual Meeting of Stockholders, provide information on Board elections, voting procedures, and the Fund’s virtual meeting format.
This news page aggregates these official communications so readers can review the Fund’s distribution history, policy updates, and proxy-related disclosures in one place. For those tracking a closed-end fund’s total return strategy, discount or premium to NAV, and managed distribution approach, the STEW news feed offers a focused view of the Fund’s key announcements over time.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
SRH Total Return Fund, Inc. (NYSE:STEW) announced a distribution of $0.125 per share, payable to stockholders of record as of January 24, 2023. This distribution is part of a managed distribution policy allowing the Fund to distribute capital gains along with net investment income. The breakdown of the distribution indicates that 64.63% will come from return of capital, while 4.08% from net investment income, 18.54% from short-term capital gains, and 12.75% from long-term capital gains. The Fund's annualized distribution rate is 3.28% as a percentage of the NAV, with a cumulative total return of -4.03% over the same period.
SRH Total Return Fund, Inc. (NYSE: STEW) announced a 4.17% increase in its quarterly distribution to $0.125 per share, effective January 2023. This adjustment follows the Fund's managed distribution program, aiming for consistent quarterly payouts of $0.125 or approximately $0.50 annually. As of November 4, 2022, the distribution represents about 4.12% of the Fund's market price. The Fund trades at a 17.43% discount to its net asset value (NAV) of $14.69 per share.
FAQ
What is the current stock price of SRH TOTAL RETURN FUND (STEW)?
What is the market cap of SRH TOTAL RETURN FUND (STEW)?
