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

Calamos Advisors LLC acquired a new stake in shares of SRH Total Return Fund, Inc. (NYSE:STEW - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,002 shares of the company's stock, valued at approximately $272,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in STEW. Buffington Mohr McNeal purchased a new position in shares of SRH Total Return Fund during the 4th quarter worth $171,000. Hudson Value Partners LLC acquired a new position in SRH Total Return Fund in the third quarter valued at $193,000. Absolute Investment Advisers LLC acquired a new position in SRH Total Return Fund in the fourth quarter valued at $197,000. Synovus Financial Corp purchased a new position in SRH Total Return Fund during the third quarter worth about $202,000. Finally, Sather Financial Group Inc acquired a new stake in SRH Total Return Fund in the 3rd quarter worth about $303,000. Hedge funds and other institutional investors own 15.61% of the company's stock.

SRH Total Return Fund Stock Down 0.3 %

STEW traded down $0.05 during midday trading on Friday, hitting $16.76. The company's stock had a trading volume of 37,284 shares, compared to its average volume of 67,911. SRH Total Return Fund, Inc. has a 52-week low of $14.16 and a 52-week high of $16.90. The firm has a 50-day moving average price of $16.31 and a two-hundred day moving average price of $15.89.

SRH Total Return Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 24th were given a dividend of $0.165 per share. This is a positive change 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 yield of 3.94%.

SRH Total Return Fund Company Profile

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.