Flaherty & Crumrine Total Return Fund Inc. (FLC)
| Market Value | 172.96M |
| Revenue (ttm) | 20.48M |
| Net Income (ttm) | 28.98M |
| Shares Out | 10.46M |
| EPS (ttm) | 2.77 |
| PE Ratio | 5.97 |
| Forward PE | n/a |
| Dividend | $1.12 (6.80%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 51,976 |
| Open | 16.57 |
| Previous Close | 16.58 |
| Day's Range | 16.49 - 16.59 |
| 52-Week Range | 13.94 - 17.48 |
| Beta | 0.90 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About FLC
Flaherty & Crumrine Total Return Fund Inc. is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors. The fund primarily invests in investment-grade securities consisting of preferred securities and other income-producing securities comprising of various debt securities. It benchmarks the performance of its portfolio against the Barcla... [Read more]
News
FLC: Fed Rate Cuts Are Not A Tailwind
The Flaherty & CrumrineTotal Return Fund's 6.50% yield is lower than its peers, making it less attractive for income-focused investors. The fund's performance has been inconsistent, with significant u...
PFD, PFO, FFC, FLC and DFP Announce November Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
5 Closed-End Fund Buys In The Month Of September 2024
The broader market indexes continue to hit all-time highs, with broader participation continuing into September. Every month, I add to my positions in my closed-end fund portfolio to grow my cash flow...
My Top 10 Closed-End Fund Holdings: August 2024
Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may ...
FLC: Continuing Recovery With An Attractive Discount And Distribution Increases
Flaherty & Crumrine Total Return Fund is set to benefit from rate cuts over the next year. The fund was negatively impacted by higher rates as borrowing costs rose materially, and risk-free rates pres...
PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024
June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added t...
FLC: Preferred Stocks Are Doing Well, But Don't Ignore The Risks
The Flaherty & Crumrine Total Return Fund has a lower yield than its peers, making it less attractive as an income vehicle. The FLC closed-end fund's performance has been negatively impacted by its hi...
PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
FLC: Deep Discount And Better Outlook Lead To Opportunity
Flaherty & Crumrine Total Return Fund has been negatively impacted by Fed rate hikes, causing borrowing costs to explode higher, while their portfolio was also hit by higher rates. FLC recently raised...
CEF Weekly Review: Take Care With Total NAV Returns
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. All sectors were up for the week, with MLPs and Preferreds leading the way. Invest...
PFD, PFO, FFC, FLC and DFP Announce February, March and April Dividends
PASADENA, Calif--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpora...
FLC: This Fund May Not Be Able To Sustain Its Recent Gains (Rating Downgrade)
Flaherty & Crumrine Total Return Fund has suffered from multiple distribution cuts, resulting in a low forward yield of 6.81%. The FLC closed-end fund's share price has increased by 9.53% since the la...
PFD, PFO, FFC, FLC and DFP Announce December and January Dividends
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
PFD, PFO, FFC, FLC and DFP Announce November Distributions
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorpor...
FLC: Higher Rates Continue To Pressure Preferreds But Discount Offers Potential
Flaherty & Crumrine Total Return Fund has continued to face significant pressure from rising rates. FLC's share price has also been significantly impacted due to the fund's discount widening dramatica...
FLC: High-Risk, High-Reward Yield Play With This Preferred Stock CEF
The Flaherty & Crumrine Total Return Fund is a fixed-income fund that primarily invests in preferred stock. The fund has experienced disappointing performance due to rising interest rates, but its hig...
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona...
The Chemist's Quality Closed-End Fund Report, August 2023
Quantitative screens narrow down attractive closed-end funds for further investigation. "Quality" report focuses on funds with >100% distribution coverage to lower the risk of distribution cuts. Top l...
PFD Vs. FLC: Outlook For Preferred CEFs
We had suggested a trade for these two preferred CEFs from Flaherty and Crumrine. We examine where that stands today and update that recommendation.
FLC: Regional Banking Crisis Exerts More Downward Pressure
Flaherty & Crumrine Total Return Fund is a fixed income closed-end fund. The CEF focuses on financials preferred equity, and is down roughly -10% year to date, while the unleveraged fund PFF is flat o...
CEF Weekly Review: 'Best-Of-Breed' Designation Is Usually An Admission Of Ignorance
We review CEF market valuation and performance through the last week of April and highlight recent market action. CEFs had a strong week to claw back some losses and finish April broadly flat.
Preferreds Opportunity: Assessing The Carnage, What's Been Thrown Out With The Bathwater
Preferreds Opportunity: Assessing The Carnage, What's Been Thrown Out With The Bathwater
Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr...