STEW
SRH Total Return FundSTEW
STEW
About: SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total return. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value. The Funds are available as an actively-managed closed-end fund, an actively managed ETF and a passively-managed ETF.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
0% more funds holding
Funds holding: 109 [Q2] → 109 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
6.65% less ownership
Funds ownership: 21.47% [Q2] → 14.82% (-6.65%) [Q3]
25% less capital invested
Capital invested by funds: $303M [Q2] → $227M (-$75.8M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for STEW.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
STEW Update: Equity CEF With Low-Cost Fixed Leverage Continues To Perform Well
STEW is attractive due to its 20%+ discount, low-cost fixed leverage, and 4% distribution yield, despite underperforming the S&P 500 recently. The fund's NAV is understated due to accounting rules, with a potential $41.7 million higher NAV if fair market value of senior notes is used. Share repurchases at significant discounts have been accretive to NAV, but the large Horejsi family holdings limit fund activism.
Neutral
Accesswire
1 month ago
SRH Total Return Fund, Inc. Increases Its Quarterly Distribution by 20% This Is the Fourth Consecutive Annual Increase
DENVER, CO / ACCESSWIRE / November 13, 2024 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") is pleased to announce a 20% increase in the Fund's quarterly distribution to $0.165 per share beginning in January 2025, payable on the date noted below. This is the fourth consecutive annual increase of the Fund's managed distribution.
Neutral
Accesswire
1 month ago
SRH Total Return Fund, Inc. Section 19a Notice
DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund"), a closed-end investment company, will pay a distribution on its common stock of $0.1375 per share to stockholders of record at the close of business on October 24, 2024. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders.
Positive
Seeking Alpha
3 months ago
Checking-In On STEW A Year After
SRH Total Return Fund uses a value-driven, bottom-up investment approach, focusing on long-term attractive returns with a low dividend yield. STEW's top-10 holdings, including a 38% stake in Berkshire Hathaway, account for over 75% of its portfolio. Despite a -22% discount to NAV, STEW has matched the S&P 500's performance, delivering over 20% return in the past year.
Neutral
Accesswire
4 months ago
SRH Total Return Fund, Inc. Declares Quarterly Distribution
DENVER, CO / ACCESSWIRE / August 8, 2024 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of $0.1375 per share to occur in October 2024. 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 $0.1375 per quarter or $0.55 per year.
Neutral
Accesswire
4 months ago
SRH Total Return Fund, Inc. Section 19(A) Notice
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund"), a closed-end investment company, will pay a distribution on its common stock of $0.1375 per share to stockholders of record at the close of business on July 24, 2024. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders.
Positive
Seeking Alpha
6 months ago
STEW: Warming Up To This Dish (Rating Upgrade)
SRH Total Return Fund is a concentrated equity fund with heavy bets on Berkshire Hathaway and other value-oriented stocks. The fund has underperformed mightily in recent months, primarily due to a widening discount to NAV, which is currently at a historically wide 22%. This historically wide discount to NAV creates a wide margin of safety for investors. So I am raising STEW to a relative buy.
Neutral
Accesswire
7 months ago
SRH Total Return Fund, Inc. Declares Quarterly Distribution
DENVER, CO / ACCESSWIRE / May 9, 2024 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of $0.1375 per share to occur in July 2024. 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 $0.1375 per quarter or $0.55 per year.
Neutral
Accesswire
7 months ago
SRH Total Return Fund, Inc. Section 19(a) Notice
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / April 30, 2024 / On April 30, 2024, SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund"), a closed-end investment company, will pay a distribution on its common stock of $0.1375 per share to stockholders of record at the close of business on April 23, 2024. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders.
Positive
Forbes
9 months ago
The Most Discounted Closed-End Funds Yielding Up To 8%
Closed-end funds (CEFs) are incredible wealth generators, combining huge (8%+, in many cases) dividends, with the potential for stock-like price gains.
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