We are live on ! Find out more

FLC

Flaherty & Crumrine Total Return Fund

FLC

Market cap $165M

15.76 USD

+0.03

0.19%

At close Updated Sep 25, 4:00 PM EDT

1 day

0.19%

5 days

-2.11%

1 month

-5.12%

3 months

-5.52%

6 months

-5.46%

Year to date

-10.15%

1 year

-11.31%

5 years

-33.59%

10 years

-24.77%

About: Flaherty & Crumrine Total Return Fund Inc is a diversified, closed-end investment management company. Its investment objective is to provide its common shareholders with a high current income. The fund's secondary investment objective is capital appreciation.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 33.3%

Neutral 66.7%

Negative 0%

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

The Triple-Factor CEF screen systematically identifies funds with yields above 6.5%, coverage above 90%, and discounts to NAV for balanced income and value. BNY Mellon High Yield Strategies Fund and Flaherty & Crumrine Preferred Income Opp stand out for deep discounts, strong yields, and robust coverage. Negative z-scores highlight CEFs trading below historical valuation ranges, suggesting potential mean-reversion opportunities for sophisticated investors.

Triple-Factor Closed-End Fund Report, August 2026: A Few Portfolio Holdings Stand Out

FLC: This Preferred Stock Fund Has A Solid Yield And A Better-Than-Average Price

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.

FLC: This Preferred Stock Fund Has A Solid Yield And A Better-Than-Average Price

2 Tax-Friendly Monthly Paying Closed-End Funds

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.

2 Tax-Friendly Monthly Paying Closed-End Funds

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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.

PFD, PFO, FFC, FLC and DFP Announce August, September and October Dividends

The Triple-Factor Closed-End Fund Report, June 2026

The Triple-Factor CEF screen highlights funds with >6.5% yield, >90% coverage, and discounts to NAV, balancing income, sustainability, and value. Top candidates like VVR, BGX, and DHF offer double-digit discounts, strong coverage, and yields up to 11.6%, presenting potential for both income and capital appreciation. Negative z-scores across several funds indicate they are trading well below historical valuation ranges, suggesting possible mean reversion opportunities.

The Triple-Factor Closed-End Fund Report, June 2026

FLC: Discounted Preferred And Hybrid Exposure Provide Monthly Pay

Flaherty & Crumrine Total Return Fund offers an attractive 8.8% discount and a 7.26% yield, but we've seen recent rate-driven pressures. FLC maintains a balanced portfolio with 50% BBB or higher credit quality, though with ~75% exposure to banks and insurance companies. Distribution cuts from unhedged leverage have rebounded as borrowing costs eased, but further payout growth may stall with paused Fed rate cuts.

FLC: Discounted Preferred And Hybrid Exposure Provide Monthly Pay

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 Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d.

PFD, PFO, FFC, FLC and DFP Announce May, June and July Dividends

FLC: Earnings Should Trend Upward As Interest Rates Decline (Rating Upgrade)

Flaherty & Crumrine Total Return Fund is upgraded to Buy, supported by robust income generation and reliable dividend coverage. FLC offers a 6.9% yield, trades near its historical NAV discount, and has demonstrated NAV growth, positioning it well for income-focused investors. The fund's strategy emphasizes preferred and hybrid securities, with significant exposure to financials, providing resilience but also sector-specific risk.

FLC: Earnings Should Trend Upward As Interest Rates Decline (Rating Upgrade)

2 Attractively Discounted Funds With Monthly Pay

Closed-end funds can provide monthly distributions from a diversified portfolio to help generate cash flow for paying bills or compounding to snowball that cash flow.

2 Attractively Discounted Funds With Monthly Pay

See News Rankings

Price charts implemented using Lightweight Charts™