SRH Total Return Fund (NYSE:STEW) Trading 0.7% Higher - Time to Buy?

Key Points

• Shares of SRH Total Return Fund rose 0.7% to $16.72 on Monday with 62,421 shares traded (down 21% vs. average) and are trading below the 50‑day ($17.67) and 200‑day ($17.93) moving averages.
• The fund declared a quarterly dividend of $0.20 (ex‑dividend date April 23, payable April 30), equal to an $0.80 annualized payout and a 4.8% yield.
• Several hedge funds increased stakes—most notably Thomas J. Herzfeld Advisors added ~325,365 shares—leaving institutional ownership at about 15.61%.

Shares of SRH Total Return Fund, Inc. (NYSE:STEW - Get Free Report) traded up 0.7% during trading on Monday . The company traded as high as $16.88 and last traded at $16.72. 62,421 shares traded hands during trading, a decline of 21% from the average session volume of 79,427 shares. The stock had previously closed at $16.60.

SRH Total Return Fund Price Performance

The company's 50-day moving average price is $17.67 and its two-hundred day moving average price is $17.93.

SRH Total Return Fund Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 23rd will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, April 23rd. This represents a $0.80 annualized dividend and a dividend yield of 4.8%.

Hedge Funds Weigh In On SRH Total Return Fund

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in shares of SRH Total Return Fund by 17.4% during the first quarter. Royal Bank of Canada now owns 186,601 shares of the company's stock worth $3,218,000 after purchasing an additional 27,642 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in SRH Total Return Fund by 37.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 10,364 shares of the company's stock valued at $183,000 after buying an additional 2,814 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in SRH Total Return Fund by 22.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,639 shares of the company's stock valued at $170,000 after buying an additional 1,775 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. grew its position in SRH Total Return Fund by 90,128.8% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 325,726 shares of the company's stock valued at $5,759,000 after acquiring an additional 325,365 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in SRH Total Return Fund by 1.9% in the second quarter. NewEdge Advisors LLC now owns 69,123 shares of the company's stock valued at $1,222,000 after acquiring an additional 1,261 shares during the last quarter. 15.61% of the stock is owned by institutional investors.

SRH Total Return Fund Company 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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