SRH Total Return Fund, Inc. Increases Quarterly Distribution, Payable on January 31, 2023
November 10, 2022 at 04:30 pm EST
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SRH Total Return Fund, Inc. announced a 4.17% increase in the Fund's quarterly distribution to $0.125 per share beginning in January 2023, payable on the dates noted below. 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 $0.125 per quarter, or approximately $0.50 per year. As of market close on November 4, 2022, the distribution (on an annualized basis) amounts to approximately 4.12% of the Fund's market price and 3.40% of its net asset value.
The January 2023 quarterly distribution will be payable in cash to stockholders of record per the following critical dates: The pay date: January 31, 2023; Record date: January 24, 2023; and ex-dividend date: January 23, 2023.
SRH Total Return Fund, Inc. (the Fund) is a non-diversified closed-end fund with a total return investment objective. 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's portfolio includes Berkshire Hathaway, Inc., JPMorgan Chase & Co., State Street Institutional U.S. Government Money Market Fund, Berkshire Hathaway, Inc., Yum! Brands, Inc., Enterprise Products Partners LP, Microsoft Corp., Cisco Systems, Inc., NRG Energy, Inc. and Stanley Black & Decker, Inc. The Fund is managed by its investment adviser, Paralel Advisors LLC.
SRH TOTAL RETURN FUND, INC. 
