111,819 Shares in SRH Total Return Fund, Inc. $STEW Bought by Capstone Investment Advisors LLC

Key Points

• Capstone Investment Advisors acquired 111,819 shares of SRH Total Return Fund, valued at approximately $2.0 million, representing a 0.12% stake.
• Several other institutional investors also initiated positions, bringing total hedge fund and institutional ownership to 15.61%.
• STEW recently declared a quarterly dividend of $0.20 per share, equal to $0.80 annually and a 4.3% yield; shares opened at $18.53, within their 52-week range of $16.55 to $19.05.

Capstone Investment Advisors LLC bought a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 111,819 shares of the company's stock, valued at approximately $2,002,000. Capstone Investment Advisors LLC owned 0.12% of SRH Total Return Fund at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new stake in SRH Total Return Fund during the second quarter worth about $5,124,000. Winning Points Advisors LLC purchased a new position in shares of SRH Total Return Fund during the 4th quarter valued at approximately $3,414,000. Evolve Private Wealth LLC acquired a new position in shares of SRH Total Return Fund in the 4th quarter valued at $2,961,000. Kingdom Financial Group LLC. acquired a new position in shares of SRH Total Return Fund in the 4th quarter valued at $2,865,000. Finally, Almitas Capital LLC purchased a new stake in SRH Total Return Fund during the second quarter worth $2,395,000. 15.61% of the stock is owned by hedge funds and other institutional investors.

SRH Total Return Fund Stock Performance

STEW stock opened at $18.53 on Friday. SRH Total Return Fund, Inc. has a one year low of $16.55 and a one year high of $19.05. The firm's fifty day moving average is $18.30 and its 200 day moving average is $17.85.

SRH Total Return Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 23rd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 4.3%.

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.

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