Ticker Symbol NYSE :STEW
Daily Data As of : -
NAV -
Market Price-
Premium / Discount (%)-
Distribution Rate-

Overview

SRH Total Return Fund, Inc. (the "Fund") is a non-diversified closed-end fund with a total return investment objective. To achieve its objective, the Fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value. The intent of this process is to identify investment opportunities that will provide attractive returns over a long holding period. By doing this, the Fund seeks to keep portfolio turnover low, which the sub-adviser believes helps to minimize associated trading costs. The Fund maintains a high level of investment flexibility and has the ability to invest in equity and fixed income securities of domestic and international companies without limitation to a company's market capitalization.

The Fund is managed by its investment adviser, Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. Joel Looney, CFP and Jacob Hemmer of the sub-adviser serve as the Fund's portfolio managers and, with assistance from other advisory personnel, are jointly responsible for the day-to-day management of the Fund's assets.

Shares in the Total Return Fund are publicly traded on the NYSE under the ticker symbol "STEW".

Note to Stockholders on Concentration of Investments

The Fund's management feels that it is important that stockholders be aware that the Fund is highly concentrated in a small number of positions. Concentrating investments in a fewer number of securities may involve a degree of risk that is greater than a fund which has less concentrated investments spread out over a greater number of securities. In particular, the Fund is highly concentrated in Berkshire Hathaway Inc., which, in addition to other business risks, is dependent on Warren Buffett for major investment decisions and all major capital allocation decisions. If Mr. Buffett were no longer able to fulfill his responsibilities to Berkshire Hathaway Inc., the effect on the value of the Fund's position in Berkshire Hathaway Inc. could be materially negative.

Portfolio Details

Portfolio Data
Asset Allocation

* Includes U.S. closed-end fund positions and options positions

Advisors

Paralel Advisors LLC

Paralel Advisors LLC serves as the investment advisor to the SRH Total Return Fund. Together with our parent company, Paralel Technologies LLC, we develop technology- based solutions to better serve investors.

Rocky Mountain Advisers, LLC

Rocky Mountain Advisers, LLC, an Alaska limited liability company ("RMA"), is an SEC-registered investment adviser with an office in Kansas. RMA was formed in 2008 and began to actively conduct its investment advisory business in 2010. In addition to serving as a co-adviser or sub-adviser to the SRH Total Return Fund, Inc. since 2015, RMA provides investment services to a number of private client accounts. RMA and its affiliates previously served as co-investment adviser to three other registered investment companies, all of which were reorganized into SRH Total Return Fund, Inc. in 2015.

Portfolio Managers
Joel Looney, CFP

Joel Looney, CFP, serves as President, Chief Investment Officer and Portfolio Manager for RMA. In these roles, Mr. Looney is responsible for supervising the overall advisory services provided by RMA, as well as for the day-to-day portfolio management of the SRH Total Return Fund. Mr. Looney is also an "investment adviser representative" who provides investment management and financial planning services to a group of RMA private clients.

Prior to joining RMA in 2013, Mr. Looney was the Principal for Financial Management Group, LLC, an investment management firm, from 1999 to 2013. Prior to forming Financial Management Group, LLC, he was the Chief Financial Officer for Bethany College in Lindsborg, KS from 1995 to 1999. Mr. Looney formerly served as Chairman of the Board of Directors for the Boulder Total Return Fund, The Denali Fund and the First Opportunity Fund. Mr. Looney currently serves as President and Chairman of the Board of Directors for the SRH Total Return Fund. Mr. Looney also serves as President of the Horejsi Charitable Foundation.

Mr. Looney holds an M.B.A from Kansas State University and a B.S. from Marymount College. Mr. Looney is also a CFP professional.

Jacob Hemmer, CFA

Jacob Hemmer, CFA, serves as Vice President and Portfolio Manager for RMA. In this role Mr. Hemmer is responsible for providing investment research on current and potential holdings, as well as day-to-day portfolio management for the SRH Total Return Fund. Mr. Hemmer also manages a small number of private client accounts.

Prior to joining RMA in 2018, Mr. Hemmer was a Financial Advisor for Raymond James Financial Service, Inc dba. Hampton Financial from 2012 to 2018. Mr. Hemmer holds a B.S in Business from Colorado State University.

Mr. Hemmer is also a CFA charterholder.

Distributions

2022
Ex-Date Record Date Payable Date Amount Distribution Type Section 19a Notices
Ordinary Income Section 19a
← Swipe to see additional data →
Distributions data is unavailable at this time.

None of the information on this website should be considered legal or tax advice. The dividend tables provided here are for informational purposes and to assist you in your tax planning. Please refer to your Form 1099-DIV and consult your legal and/or tax advisor when preparing your tax return.

OTHER TAX INFORMATION

Performance

Avg Annualized %
Cumulative %
As of quarter-end STEW NAV STEW Market Price Morningstar U.S. Large Value Index S&P 500 Total Return Index
← Swipe to see additional data →
As of month-end STEW NAV STEW Market Price Morningstar U.S. Large Value Index S&P 500 Total Return Index

Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. For periods greater than one year, performance data is annualized.

Fund inception date is January 31, 2002

Market Price is the price that the fund closed at on the primary listing exchange on the as of date referenced above.

NAV is the net asset value of the fund on the as of date referenced above and equals the value of all the fund's assets (less liabilities) divided by the number of shares outstanding.

Premium/Discount is the percentage difference between the net asset value of a fund and the market price.

The Morningstar US Large Value Index measures the performance of U.S. large-cap stocks with relatively low prices given anticipated per-share earnings, book value, cash flow, sales and dividends.

S&P 500® Total Return Index (SPTR): A market value weighted index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. This index is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe. This index reflects the effects of dividend reinvestment.

Holdings

Top Holdings

Holdings are subject to change depending on subsequent purchases and sales of securities. Holdings will be updated as of the end of each month and published on this webpage no sooner than 15 days after month end.

Security Market Value Weight
Sector Breakdown

Allocations are subject to change.

Literature

Fund News
Feb 08, 2024
SRH Total Return Fund Declares Quarterly Distribution
Jan 31, 2024
Notification of Sources of Distribution
Nov 07, 2023
SRH Total Return Fund, Inc. Increases Its Quarterly Distribution By 10% To $0.1375 Per Share
Oct 31, 2023
Notification of Sources of Distribution
Aug 10, 2023
SRH Total Return Fund Declares Quarterly Distribution
Jul 31, 2023
Notification of Sources of Distribution
May 11, 2023
SRH Total Return Fund Declares Quarterly Distribution
Apr 28,2023
Notification of Sources of Distribution
Feb 9, 2023
SRH Total Return Fund Declares Quarterly Distribution
Jan 31, 2023
Notification of Sources of Distribution
Nov 10, 2022
Notification of Increase in Distribution
Oct 31, 2022
Notification of Sources of Distribution
Aug 11, 2022
SRH Total Return Fund Declares Quarterly Distribution
Jul 29, 2022
Notification of Sources of Distribution
May 12, 2022
SRH Total Return Fund Declares Quarterly Distribution
Apr 29, 2022
Notification of Sources of Distribution
Mar 25, 2022
New Name and Portfolio Manager Retirement
Feb 10, 2022
Boulder Growth & Income Fund, Inc. Declares Quarterly Distribution
Jan 31, 2022
Notification of Sources of Distribution
Nov 10, 2021
Notification of Increase in Distribution
Oct 29, 2021
Notification of Sources of Distribution
Aug 12, 2021
Boulder Growth & Income Fund, Inc. Declares Quarterly Distribution
Jul 30, 2021
Notification of Sources of Distribution
May 12, 2021
Boulder Growth & Income Fund, Inc. Declares Quarterly Distribution
Apr 30, 2021
Notification of Sources of Distribution
Feb 12, 2021
Boulder Growth & Income Fund, Inc. Declares Quarterly Distribution
Jan 29, 2021
Notification of Sources of Distribution
Nov 12, 2020
Boulder Growth & Income Fund, Inc. Declares Quarterly Distribution
cont

Paralel Advisors LLC.,
1700 Broadway, Suite 1850
Denver, CO 80290
877.561.7914
[email protected]

Shareholder online inquiries:
https://www-us.computershare.com/investor/contact

Phone Inquiries:
866.228.4853 (STEW inquiries)

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