Flaherty & Crumrine Total Return Fund Inc. (FLC)
Market Closed
1 Sep, 20:00
NYSE NYSE Primary NASDAQ $
16. 54
+0.01
+0.0605%
After Hours
$
+0.44 +2.6602% 16. 98
173.48M Market Cap
1.09% Div Yield
19,562 Volume
$ 16.53
Previous Close 
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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.
Seekingalpha | 4 months ago
