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Flaherty & Crumrine Total Return Fund (FLC)

Specialty Equity Funds - Preferred Equity

Data as of Dec. 9, 2024
Current
Market Price $16.87 (- $0.01)
NAV (Dec. 9, 2024) $18.65 (+ $0.02)
Fund Listed NYSE
Premium / Discount -9.54% (-0.15%)
Fund Info
Inception Aug. 29, 2003
Sponsor Flaherty & Crumrine Incorporated
Website https://www.preferredi...
Phone 877-855-3434
NAV Symbol XFLCX
Location California
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: High current income; preferred securities and other income-producing securities
Related Indexes
Preferred Equity Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 10,456,821
Total Assets (Reported: Aug. 31, 2024) $308M
Estimated Total Assets $315M
Net Assets $195M
Market Cap $176M
Portfolio Turnover 10.00%
Total Leverage 38.10%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 5.58%
Non Lev Exp Ratio 1.46%
Rel Lev Cost 6.66%
Discount Data
Average Discount (3 Yr) -8.08%
Discount Low(3 Yr) -16.92%
Discount High(3 Yr) 5.28%
Discount Rel Range (3 Yr) 33.22%
Comp Discount -5.49
Discount St Dev (1Yr) 2.21
Z-Stat
Z-Stat (6mo) 0.16
Z-Stat (1Yr) 0.90
Z-Stat (3Yr) -0.29
Comp Z-Stat (6mo) 0.23
Comp Z-Stat (3Yr) -0.58
Distribution Data
Market Yield 6.67%
Income Yield 6.67%
Lev Adj NAV Yield 4.37%
Distribution Frequency M
Current Distribution $0.094
Current Income $0.094
Ex-Date 11/21/24
Payable Date 11/29/24
Div Growth (3yr) -27.64%
Dividend Change 2.6% on 10/17/24
Expected Div 12/6/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2023 2021 - 2023
Income 100% 100%
ST Gains 0% 0%
QDI 98.9% 89.5%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $521
Avg Volume 30 day 34,660
Avg Volume 90 day 30,888
Volume Trend 12.21%
Comp Volume Trend 12.30%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
60.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
73.0%
Price Correlation (1yr)
vs. CEFA's Preferred Equity Index
83.0%
Most Correlated Peer (Mk Pr): FFC 87.0%
NAV - Price Correlation (30 d) 86.6%
NAV - Price Correlation (90 d) 83.6%
NAV - Price Correlation (1 Yr) 98.6%
Price St Dev (1Yr) 9.7%
NAV St Dev (1Yr) 4.9%
Earnings
Earnings / Share (8/31/24) $0.083
Earn Coverage 88.90%
Earnings Trend Flat
UNII / Share (5/31/24) $-0.003
Rel UNII -0.24
UNII Trend Up
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
0.46
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.00
NAV Beta (2yr)
vs. CEFA's Preferred Equity Index
0.98

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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