Nwam LLC reduced its position in Flaherty & Crumrine Total Return Fd Inc (NYSE:FLC) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 300,220 shares of the company’s stock after selling 5,937 shares during the period. Flaherty & Crumrine Total Return Fd accounts for approximately 1.6% of Nwam LLC’s investment portfolio, making the stock its 11th largest holding. Nwam LLC’s holdings in Flaherty & Crumrine Total Return Fd were worth $6,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Ameriprise Financial Inc. boosted its stake in shares of Flaherty & Crumrine Total Return Fd by 15.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 56,243 shares of the company’s stock worth $1,254,000 after buying an additional 7,378 shares during the last quarter.

Flaherty & Crumrine Total Return Fd Inc (NYSE FLC) opened at $20.05 on Tuesday. Flaherty & Crumrine Total Return Fd Inc has a 52 week low of $19.29 and a 52 week high of $22.51.

The business also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th were given a dividend of $0.126 per share. The ex-dividend date of this dividend was Tuesday, January 23rd. This represents a $1.51 annualized dividend and a yield of 7.54%.

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Flaherty & Crumrine Total Return Fd Profile

Flaherty & Crumrine Total Return Fund Incorporated is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide its common shareholders with high current income. The Fund’s secondary investment objective is capital appreciation. The Fund may invest in unrated securities that the Fund’s investment advisor deems to be comparable in quality to rated issues in which the Fund is authorized to invest.

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Institutional Ownership by Quarter for Flaherty & Crumrine Total Return Fd (NYSE:FLC)

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