SRH Total Return Fund, Inc. Declares Quarterly Distribution

Rhea-AI Summary

SRH Total Return Fund (NYSE:STEW) declared a quarterly cash distribution of $0.20 per share, payable July 31, 2026 to shareholders of record on July 24, 2026. This is part of its managed distribution program targeting $0.80 per share annually (about 4.55% of market price and 3.54% of NAV as of May 15, 2026). The Fund traded at a 22.25% discount to NAV on that date, which the Fund notes can make cash distributions accretive to market-price-based returns if the discount persists.

AI-generated analysis. Not financial advice.

Positive

• Quarterly cash distribution of $0.20 per share declared for July 2026
• Managed distribution program targets $0.80 per share annually
• Annualized distribution equals 4.55% of market price as of May 15, 2026
• Annualized distribution equals 3.54% of NAV as of May 15, 2026
• 22.25% market price discount to NAV as of May 15, 2026
• Fund states distributions may be accretive to market-price-based returns when shares trade at a discount

Negative

• Shares traded at a 22.25% discount to NAV as of May 15, 2026
• Managed distribution is not tied to income earned or capital gains realized
• Amounts and sources of distributions are estimates until final tax reporting on Form 1099-DIV

News Market Reaction – STEW

+0.06%

1 alert

+0.06% News Effect

On the day this news was published, STEW gained 0.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DENVER, CO / ACCESS Newswire / May 21, 2026 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of $0.20 per share to occur in July 2026. This distribution is being paid as part of the Fund's managed distribution program under which the Fund intends to make per share distributions of $0.20 per quarter or approximately $0.80 per year. As of market close on May 15, 2026, the distribution (on an annualized basis) amounts to approximately 4.55% of the Fund's market price and 3.54% of its net asset value ("NAV").

Due to the current discount of the Fund's market price to its per share NAV and the fact that distributions are made in cash (i.e., at NAV), if Fund shares continue to trade at a discount at the time of this distribution, then it will be accretive to the Fund's market-price-based return. The July 2026 quarterly distribution will be payable in cash to stockholders of record per the following critical dates:

Pay Date	Record Date	Ex-Dividend Date	Amount Per Share
July 31, 2026	July 24, 2026	July 24, 2026	$0.20

As previously announced, the Board of Directors instituted a managed distribution program in accordance with its Section 19(b) exemptive order in November 2015. In adopting the program, the Fund seeks to provide a regular quarterly distribution to its common stockholders which is not dependent on the amount of income earned or capital gains realized by the Fund.

Investors should not make any conclusions about the Fund's investment performance from the amount of the Fund's distributions or the Fund's distribution policy. With each distribution that does not consist solely of net investment income, the Fund will issue a notice to shareholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.

The Fund

SRH Total Return Fund, Inc. is a non-diversified closed-end investment company traded on the New York Stock Exchange under the trading symbol "STEW". As of May 15, 2026, the Fund's NAV was $22.61 per share and the closing market price was $17.58 (a 22.25% discount to NAV). For more information on the Fund, please visit the Fund's webpage at www.srhfunds.com/fund-overview/stew/.

The Fund is a closed-end fund and does not continuously issue stock for sale as open-end mutual funds do. The Fund now trades in the secondary market. Investors wishing to buy or sell stock need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market value.

Paralel Advisors LLC

Paralel Advisors LLC serves as the investment adviser to the SRH Total Return Fund, Inc. Together with its parent company, Paralel Technologies LLC, the firm develops technology-based solutions to better serve investors.

SRH Advisors, LLC

SRH Advisors, LLC is an investment adviser registered with the SEC based out of Kansas. More information about SRH is available at www.srhfunds.com/fund-overview/stew/ as well as https://srhadvisorsllc.com/.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee

Contact info:

Website: www.srhfunds.com/fund-overview/stew/
Email: stewclientinquiries@paralel.com

SOURCE: SRH Total Return Fund, Inc.

View the original press release on ACCESS Newswire

FAQ

What quarterly distribution did SRH Total Return Fund (NYSE:STEW) declare for July 2026?

SRH Total Return Fund declared a quarterly cash distribution of $0.20 per share, payable July 31, 2026. According to the Fund, shareholders of record on July 24, 2026, with an ex-dividend date of July 24, 2026, will receive this payment.

What is the annualized yield of the SRH Total Return Fund (STEW) July 2026 distribution?

The July 2026 $0.20 distribution equates to about $0.80 per share annually. According to the Fund, this represents approximately 4.55% of its May 15, 2026 market price and 3.54% of its net asset value, based on then-current figures.

When are the record date and ex-dividend date for SRH Total Return Fund (STEW) July 2026 distribution?

Both the record date and ex-dividend date for the July 2026 STEW distribution are July 24, 2026. According to the Fund, investors holding shares on that date will qualify for the $0.20 per share cash payment on July 31, 2026.

How does the managed distribution program work for SRH Total Return Fund (STEW)?

STEW’s managed distribution program targets $0.20 per share each quarter, or $0.80 per year. According to the Fund, distributions are not dependent on income earned or capital gains realized and may include amounts beyond net investment income.

At what discount to NAV was SRH Total Return Fund (STEW) trading on May 15, 2026?

On May 15, 2026, STEW’s market price was $17.58 versus NAV of $22.61, a 22.25% discount. According to the Fund, cash distributions made while shares trade at a discount can be accretive to market-price-based returns.

How are SRH Total Return Fund (STEW) distributions reported for tax purposes?

Distribution notices provide estimated amounts and sources but are not for tax reporting. According to the Fund, shareholders receive a Form 1099-DIV for the calendar year, which specifies the final taxable characterization of STEW distributions.