[Form 3] SRH Total Return Fund, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

SRH Total Return Fund director Jacob E. Hemmer filed an initial ownership report showing indirect beneficial ownership of the fund’s common stock. As of January 1, 2026, he reports 5,000 shares of common stock held indirectly through an irrevocable trust.

Hemmer is the sole beneficiary of this trust but is not a trustee, so the shares are reported as indirectly owned rather than held in his own name.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hemmer Jacob E

(Last) (First) (Middle)

2121 E. CRAWFORD PLACE

(Street)

SALINA KS 67401

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
SRH Total Return Fund, Inc. [ STEW ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
COMMON STOCK	5,000(1)	I(1)	Jacob E. Hemmer is a beneficiary of the trust, not the trustee of the trust.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares are held in an irrevocable trust. Jacob E. Hemmer is the sole beneficiary of the trust but not a trustee of the trust.

	/s/ Jacob E. Hemmer	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many SRH Total Return Fund (STEW) shares does Jacob E. Hemmer report on this Form 3?

Jacob E. Hemmer reports indirect beneficial ownership of 5,000 shares of common stock. These shares are listed in Table I of the filing and reflect his reported holdings as of January 1, 2026 through an irrevocable trust.

What is Jacob E. Hemmer’s relationship to SRH Total Return Fund (STEW)?

Jacob E. Hemmer is identified as a director of SRH Total Return Fund, Inc. This relationship is indicated in the section that asks for the reporting person’s connection to the issuer, where the director box is checked.

How does Jacob E. Hemmer hold his SRH Total Return Fund (STEW) shares?

The filing states the 5,000 common shares are held indirectly through an irrevocable trust. Hemmer is the sole beneficiary of the trust but is not a trustee, so the shares are not registered directly in his own name.

What does the Form 3 say about Jacob E. Hemmer’s role in the trust that holds STEW shares?

The explanation notes that the shares are held in an irrevocable trust and that Jacob E. Hemmer is the sole beneficiary but not a trustee. This clarifies why the ownership is reported as indirect in the filing.

What is the event date reported on Jacob E. Hemmer’s Form 3 for SRH Total Return Fund (STEW)?

The Form 3 lists January 1, 2026 as the date of the event requiring the statement. This date anchors when the reported indirect beneficial ownership of 5,000 common shares is measured for disclosure purposes.