# SRH Total Return Fund, Inc. (STEW): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/stew for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 1980-03-17 The SRH Total Return Fund, Inc. operates as a closed-end balanced mutual fund, overseen by Boulder Investment Advisers, L.L.C., with Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. acting as co-managers. This fund seeks investment opportunities across global public equity and fixed income markets, targeting businesses within a broad spectrum of industries. Its primary holdings include dividend-paying value stocks from companies across all market capitalizations, alongside corporate fixed-income instruments. The investment strategy employs a bottom-up security selection... ## Key Facts | Metric | Value | |---|---| | Price | $18.25 | | Expense Ratio | 1.42% | | Market Value | $1.76B | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 4.38% | | Annual Distribution (TTM) | $0.80 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $16.55 – $19.05 | | Beta | 0.81 | ## Latest Distribution - Amount: $0.2000 /share - Ex-date: 2026-10-23 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does STEW invest in? The SRH Total Return Fund, Inc. operates as a closed-end balanced mutual fund, overseen by Boulder Investment Advisers, L.L.C., with Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. acting as co-managers. This fund seeks investment opportunities across global public equity and fixed income markets, targeting businesses within a broad spectrum of industries. Its primary holdings include dividend-paying value stocks from companies across all market capitalizations, alongside corporate fixed-income instruments. The investment strategy employs a bottom-up security selection process, utilizing both fundamental and quantitative analysis to identify resilient enterprises with robust financial health and consistent operational performance. Established in the United States on December 7, 1972, the fund measures its portfolio's performance against the S&P 500 Composite Index. ### What is the expense ratio of STEW? SRH Total Return Fund, Inc. (STEW) charges an expense ratio of 1.42%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is STEW? SRH Total Return Fund, Inc. (STEW) has a market value of $1.76B: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is STEW actively managed or an index fund? STEW is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (STEW's is 1.42%) in exchange for the discretion to over- or under-weight positions. ### When was STEW launched? SRH Total Return Fund, Inc. (STEW) launched in March 1980 and is managed by the fund issuer. ### How has STEW performed? STEW's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does STEW pay a dividend? SRH Total Return Fund, Inc. (STEW) currently distributes little or no income. Trailing-twelve-month yield is 4.38%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does STEW pay dividends? SRH Total Return Fund, Inc. pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is STEW's dividend yield? STEW's trailing-twelve-month yield is 4.38%, calculated from the sum of dividends over the past year divided by the current price. ### When is STEW's next ex-dividend date? The most recently announced ex-dividend date for STEW was 2026-10-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will STEW's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.42% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does STEW charge its expense ratio? The expense ratio is deducted in tiny daily slices from STEW's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does STEW cost more than a fund like VOO? STEW is actively managed (current expense ratio 1.42%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether STEW's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to STEW? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as STEW (1.42%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/stew - Distribution history: https://www.dividenddata.com/funds/stew/dividend - Holdings & diversification: https://www.dividenddata.com/funds/stew/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/stew/expenses - Peer comparison: https://www.dividenddata.com/funds/stew/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.