FLC

Flaherty & Crumrine Total Return Fund
FLC

$17.38

0.46%

Market Cap: $182M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

45% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 11

2% more capital invested

Capital invested by funds: $25.8M [Q1] → $26.3M (+$529K) [Q2]

0.24% more ownership

Funds ownership: 15.96% [Q1] → 16.2% (+0.24%) [Q2]

10% less funds holding

Funds holding: 41 [Q1] → 37 (-4) [Q2]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for FLC.

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Financial journalist opinion

My Top 10 Closed-End Fund Holdings: August 2024

Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may lead to discounts widening back out, which could create even more opportunities in this structure. I hold 42 positions in my CEF portfolio, with the top 10 positions making up 37.40% of the portfolio—here's a review of those top 10 names.

My Top 10 Closed-End Fund Holdings: August 2024

FLC: Continuing Recovery With An Attractive Discount And Distribution Increases

Flaherty & Crumrine Total Return Fund is set to benefit from rate cuts over the next year. The fund was negatively impacted by higher rates as borrowing costs rose materially, and risk-free rates pressured the underlying portfolio. Rate cuts should lead to higher net investment income, and we are already seeing those distribution increases in 2024.

FLC: Continuing Recovery With An Attractive Discount And Distribution Increases

PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends

PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.

PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends

5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024

June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added to or initiated positions in five different closed-end fund names; I sold out of two positions this month.

5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024

FLC: Preferred Stocks Are Doing Well, But Don't Ignore The Risks

The Flaherty & Crumrine Total Return Fund has a lower yield than its peers, making it less attractive as an income vehicle. The FLC closed-end fund's performance has been negatively impacted by its high level of leverage and substantial losses when interest rates rose.

FLC: Preferred Stocks Are Doing Well, But Don't Ignore The Risks

PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends

PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.

PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends

FLC: Deep Discount And Better Outlook Lead To Opportunity

Flaherty & Crumrine Total Return Fund has been negatively impacted by Fed rate hikes, causing borrowing costs to explode higher, while their portfolio was also hit by higher rates. FLC recently raised its distribution, and that provides a glimmer of hope that stabilization is taking place. The fund has a potentially brighter future moving forward, and the large discount present could be a further opportunity.

FLC: Deep Discount And Better Outlook Lead To Opportunity

5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)

5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)

5 Closed-End Fund Buys In The Month Of January 2024 (Includes 2 Swaps)

CEF Weekly Review: Take Care With Total NAV Returns

We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Investors should be wary in taking CEF total NAV returns at face value given various conventions and data issues.

CEF Weekly Review: Take Care With Total NAV Returns

PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends

PASADENA, Calif--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have de.

PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends

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