SRH Total Return Fund, Inc. Increases its Quarterly Distribution by 21.2% - Fifth Consecutive Annual Increase

Rhea-AI Summary

SRH Total Return Fund (NYSE:STEW) increased its quarterly distribution by 21.2% to $0.20 per share, payable January 30, 2026 to holders of record January 23, 2026. This is the fund's fifth consecutive annual increase, with an average annual rise of 14.42% over five years.

The managed distribution program targets per-share payments of $0.20 per quarter (≈$0.80/year). As of market close November 6, 2025, the annualized distribution equated to ≈4.55% of market price and ≈3.59% NAV. NAV was $22.26 and the closing market price was $17.58 (a 21.02% discount to NAV) on that date.

Positive

• Quarterly distribution raised 21.2% to $0.20 per share
• Annualized cash payout target of approximately $0.80 per share
• Annualized market yield about 4.55% as of Nov 6, 2025
• Fifth consecutive annual increase; 14.42% average annual increase

Negative

• Market price at a 21.02% discount to NAV ($17.58 vs $22.26 as of Nov 6, 2025)
• Distribution not tied to income; payouts may include non-income components

DENVER, CO / ACCESS Newswire / November 13, 2025 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") is pleased to announce a 21.2% increase in the Fund's quarterly distribution to $0.20 per share beginning in January 2026, payable on the date noted below. This is the fifth consecutive annual increase of the Fund's managed distribution. The distribution has been increased at an average annual rate of 14.42% over the last five years. 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, to common stockholders. As of market close on November 6, 2025, the distribution (on an annualized basis) amounts to approximately 4.55% of the Fund's market price and 3.59% of its net asset value ("NAV").

The January 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
January 30, 2026	January 23, 2026	January 23, 2026	$0.20

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.

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.

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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 November 6, 2025, the Fund's NAV was $22.26 per share and the closing market price was $17.58 (a 21.02% discount to NAV). For more information on the Fund, please visit the Fund's webpage at www.srhtotalreturnfund.com.

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.srhtotalreturnfund.com as well as https://srhadvisorsllc.com/.

NOT FDIC INSURED | May Lose Value | No Bank Guarantee

Contact info:

Website: https://srhtotalreturnfund.com/
Email: stewclientinquiries@paralel.com

SOURCE: SRH Total Return Fund, Inc.

View the original press release on ACCESS Newswire

FAQ

What distribution did SRH Total Return Fund (STEW) announce for January 2026?

STEW declared a $0.20 per share quarterly distribution payable on January 30, 2026 to holders of record on January 23, 2026.

How much has STEW raised its distribution this year and over five years?

The distribution was increased 21.2% for January 2026; the fund reports a 14.42% average annual increase over the last five years.

What yield does STEW's new distribution represent as of Nov 6, 2025?

As of Nov 6, 2025 the annualized distribution equated to about 4.55% of the market price and 3.59% of NAV.

Will STEW's distribution reduce NAV or use capital if not covered by income?

The fund operates a managed distribution program and states distributions are not dependent on income, so components may include non-income items; shareholders will receive a notice detailing composition when applicable.

What was STEW's NAV and market price on Nov 6, 2025?

On Nov 6, 2025 NAV was $22.26 and the closing market price was $17.58, a 21.02% discount to NAV.