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Flaherty & Crumrine Total Return Fund Inc. is a U.S.-domiciled, closed-end balanced mutual fund overseen by Flaherty & Crumrine Incorporated. Formed on August 26, 2003, and previously operating under the name Flaherty & Crumrine/Claymore Total Return Fund, Inc., its investment strategy encompasses both public equity and fixed-income markets within the United States. The fund specifically seeks out common stocks of companies active in the utility and banking industries. A substantial portion of its holdings consists of investment-grade preferred securities, alongside a variety of other…
Is FLC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, using data as of the close of October 9, 2026. PIMCO funds take six of the top seven spots on the yield list, as several that traded at premiums until recently have slipped to discounts. Among our model portfolio holdings, DHF appears on all five lists, and HFRO again has the widest discount at -43.06%.
Shares of Flaherty and Crumrine Total Return Fund Inc. (NYSE: FLC - Get Free Report) crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $16.54 and traded as low as $15.64. Flaherty and Crumrine Total Return Fund shares last traded at $15.76, with a volume of 48,864
Shares of Flaherty and Crumrine Total Return Fund Inc. (NYSE: FLC - Get Free Report) crossed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $16.74 and traded as low as $16.24. Flaherty and Crumrine Total Return Fund shares last traded at $16.26, with a
The Flaherty & Crumrine Total Return Fund offers a 7.74% yield, outperforming the preferred stock index but trailing some peer CEFs in yield. FLC's portfolio is heavily weighted to preferred stocks and contingent capital securities, with 55.9% exposure to the banking sector. Leverage boosts FLC's yield, but the fund's distribution coverage is tight, and its long-term payout history includes cuts.
Closed-end funds can come in many different flavors, anything from fixed income, equities, and other exotic investment strategies. They can also deliver monthly distributions, which can be preferred by income-focused investors. Today, we'll be looking at 2 discounted CEFs that pay monthly but also have tax-friendly distributions that can allow an investor to keep more of what they're paid.