STEW

SRH Total Return Fund remains underwhelming, with a 1.6% total return despite a market rally and a persistent 22.84% NAV discount. STEW's heavy Berkshire allocation and minimal technology exposure limit upside in an AI-driven market, risking continued underperformance versus SPY and ADX. ADX offers a compelling alternative, boasting a higher yield (~8%), significant tech exposure, and 392.3% total return over the last decade versus STEW's 209.3%.

DENVER, CO / ACCESS Newswire / August 13, 2026 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of $0.20 per share to occur in October 2026. 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 $0.20 per quarter or approximately $0.80 per year.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / July 31, 2026 / On July 31, 2026, SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund"), a closed-end investment company, will pay a distribution on its common stock of $0.2000 per share to stockholders of record at the close of business on July 24, 2026. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders.

SRH Total Return Fund trades at a wide discount, deeper than its historical range, making it relatively attractive. STEW is highly concentrated in Berkshire Hathaway and JPMorgan, with performance lagging the S&P 500, with some pressure on BRK shares. The Horejsi family controls nearly 50% of STEW, limiting activist influence and reducing the likelihood of significant structural changes.

DENVER, CO / ACCESS Newswire / May 21, 2026 / SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund") announced the declaration of a quarterly distribution of $0.20 per share to occur in July 2026. 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 $0.20 per quarter or approximately $0.80 per year.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / April 30, 2026 / On April 30, 2026, SRH Total Return Fund, Inc. (NYSE:STEW) (the "Fund"), a closed-end investment company, will pay a distribution on its common stock of $0.2000 per share to stockholders of record at the close of business on April 23, 2026. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Directors, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular quarterly cash distributions to its stockholders.