Calamos Advisors LLC Takes $272,000 Position in SRH Total Return Fund, Inc. (NYSE:STEW)

Calamos Advisors LLC bought a new stake in SRH Total Return Fund, Inc. (NYSE:STEW) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 17,002 shares of the company’s stock, valued at approximately $272,000.

Several other hedge funds and other institutional investors have also made changes to their positions in STEW. Buffington Mohr McNeal purchased a new stake in shares of SRH Total Return Fund in the fourth quarter valued at about $171,000. Hudson Value Partners LLC purchased a new stake in shares of SRH Total Return Fund in the third quarter valued at about $193,000. Absolute Investment Advisers LLC purchased a new stake in shares of SRH Total Return Fund in the fourth quarter valued at about $197,000. Synovus Financial Corp acquired a new stake in shares of SRH Total Return Fund in the third quarter valued at about $202,000. Finally, Sather Financial Group Inc acquired a new stake in shares of SRH Total Return Fund in the third quarter valued at about $303,000. Hedge funds and other institutional investors own 15.61% of the company’s stock.

SRH Total Return Fund Trading Up 1.0 %

Shares of NYSE STEW opened at $16.63 on Thursday. SRH Total Return Fund, Inc. has a 52 week low of $14.10 and a 52 week high of $16.83. The firm has a 50-day moving average price of $16.30 and a 200 day moving average price of $15.87.

SRH Total Return Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 24th were paid a $0.165 dividend. This is a boost from SRH Total Return Fund’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, January 24th. This represents a $0.66 annualized dividend and a dividend yield of 3.97%.

About SRH Total Return Fund

SRH Total Return Fund, Inc is a closed-ended balanced mutual fund launched and managed by Paralel Advisors LLC. Rocky Mountain Advisers, LLC serves as the Fund's sub-adviser. The fund invests in equity and fixed-income markets across the globe. It seeks to invest in securities of companies operating across diversified industries.