Flaherty & Crumrine Total Return Fund
Sponsor: Flaherty & Crumrine · Inception Aug 27, 2003 · Pays monthly
Market priceShare price
$15.63
+0.58% (+$0.09)
NAVAsset value per share
$17.64
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
11.39% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
8.19%
regular, annualised · on NAV 7.26%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 6:54 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending May 29, 2026, filed Jul 27, 2026. 262 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Top 10 holdings
| # | Security | Type | Country | Weight | Value (USD) |
|---|---|---|---|---|---|
| 1 | LIBERTY MUTUAL GROUP INC | Debt | United States | 2.25% | $7.1M |
| 2 | METLIFE INC | Debt | United States | 1.98% | $6.3M |
| 3 | SOCIETE GENERALE SA | Debt | France | 1.93% | $6.1M |
| 4 | PROVIDENT FINANCING TRUST I | Debt | United States | 1.91% | $6M |
| 5 | FLAGSTAR BANK NA | Preferred | United States | 1.78% | $5.6M |
| 6 | DELPHI FINANCIAL GROUP INC | Preferred | United States | 1.76% | $5.6M |
| 7 | BNP PARIBAS SA | Debt | France | 1.61% | $5.1M |
| 8 | BLACKROCK LIQUIDITY FUNDS | Short-term inv. | United States | 1.54% | $4.9M |
| 9 | METLIFE INC | Debt | United States | 1.50% | $4.7M |
| 10 | SOCIETE GENERALE SA | Debt | France | 1.42% | $4.5M |
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Debt | 68.67% | $217M |
| Equity (preferred) | 29.79% | $93.9M |
| Short-term investment vehicle | 1.54% | $4.9M |
| Equity (common) | 0.00% | $0 |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 72.98% | $230M |
| Canada | 6.91% | $21.8M |
| France | 6.79% | $21.4M |
| United Kingdom | 5.24% | $16.5M |
| Spain | 4.81% | $15.2M |
| Cayman Islands | 1.08% | $3.4M |
| Bermuda | 0.86% | $2.7M |
| Ireland | 0.57% | $1.8M |
| Switzerland | 0.52% | $1.6M |
| Netherlands | 0.24% | $762K |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 72.98% | $230M |
| Canada | 6.91% | $21.8M |
| Developed Europe | 18.17% | $57.3M |
| Offshore domiciles | 1.94% | $6.1M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 97.64% | $308M |
| Registered fund | 1.54% | $4.9M |
| U.S. GSE | 0.82% | $2.6M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 72.17% | $228M |
| Level 1 | 27.83% | $87.8M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $315M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 262 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| LIBERTY MUTUAL GROUP INC | 53079EAN4 | Debt | CORP | United States | 6,351,000 | principal | $7.1M | 2.25% | 2 |
| METLIFE INC | 59156RBS6 | Debt | CORP | United States | 5,335,000 | principal | $6.3M | 1.98% | 2 |
| SOCIETE GENERALE SA | 83367TBU2 | Debt | CORP | France | 6,000,000 | principal | $6.1M | 1.93% | 2 |
| PROVIDENT FINANCING TRUST I | 743863AA0 | Debt | CORP | United States | 5,803,000 | principal | $6M | 1.91% | 2 |
| FLAGSTAR BANK NA | 649445202 | Preferred | CORP | United States | 241,200 | shares | $5.6M | 1.78% | 1 |
| DELPHI FINANCIAL GROUP INC | 247131303 | Preferred | CORP | United States | 224,200 | shares | $5.6M | 1.76% | 2 |
| BNP PARIBAS SA | 05602XJC3 | Debt | CORP | France | 4,895,000 | principal | $5.1M | 1.61% | 2 |
| BLACKROCK LIQUIDITY FUNDS | 09248U718 | Short-term inv. | RF | United States | 4,850,962 | shares | $4.9M | 1.54% | 1 |
| METLIFE INC | 59156RAV0 | Debt | CORP | United States | 3,640,000 | principal | $4.7M | 1.50% | 2 |
| SOCIETE GENERALE SA | 83370RAC2 | Debt | CORP | France | 4,240,000 | principal | $4.5M | 1.42% | 2 |
| FIFTH THIRD BANCORP | 316773605 | Preferred | CORP | United States | 169,409 | shares | $4.3M | 1.37% | 1 |
| HSBC HOLDINGS PLC | 404280BP3 | Debt | CORP | United Kingdom | 4,265,000 | principal | $4.3M | 1.37% | 2 |
| LAND O'LAKES INC | 514666AM8 | Debt | CORP | United States | 4,350,000 | principal | $4M | 1.27% | 2 |
| BANCO SANTANDER SA | 05971KAH2 | Debt | CORP | Spain | 3,800,000 | principal | $3.8M | 1.21% | 2 |
| FIFTH THIRD BANCORP | 316773837 | Preferred | CORP | United States | 145,020 | shares | $3.8M | 1.20% | 1 |
| FT REAL ESTATE SECURITIES CO INC | 302663208 | Preferred | CORP | United States | 3 | shares | $3.4M | 1.07% | 2 |
| LIBERTY MUTUAL INSURANCE COMPANY | 53079QAD9 | Debt | CORP | United States | 3,000,000 | principal | $3.4M | 1.06% | 2 |
| PNC FINANCIAL SERVICES GROUP INC (THE) | 693475BD6 | Debt | CORP | United States | 3,280,000 | principal | $3.3M | 1.04% | 2 |
| PINNACLE FINANCIAL PARTNERS INC | 72348N307 | Preferred | CORP | United States | 122,848 | shares | $3.3M | 1.04% | 1 |
| REGIONS FINANCIAL CORP | 7591EP704 | Preferred | CORP | United States | 125,350 | shares | $3.1M | 0.97% | 1 |
| ATHENE HOLDING LTD | 04686J861 | Preferred | CORP | United States | 123,400 | shares | $3M | 0.96% | 1 |
| MORGAN STANLEY | 61762V606 | Preferred | CORP | United States | 126,844 | shares | $3M | 0.96% | 1 |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 05946KAF8 | Debt | CORP | Spain | 3,000,000 | principal | $3M | 0.95% | 2 |
| ALGONQUIN POWER & UTILITIES CORP | 015857808 | Preferred | CORP | Canada | 104,510 | shares | $2.7M | 0.86% | 1 |
| WELLS FARGO & COMPANY | 95002YAA1 | Debt | CORP | United States | 2,400,000 | principal | $2.5M | 0.80% | 2 |
| KEYCORP | 493267702 | Preferred | CORP | United States | 99,475 | shares | $2.5M | 0.80% | 1 |
| ENERGY TRANSFER LP | 29273VAM2 | Debt | CORP | United States | 2,426,000 | principal | $2.5M | 0.79% | 2 |
| WESBANCO INC | 950810887 | Preferred | CORP | United States | 97,210 | shares | $2.5M | 0.79% | 1 |
| STANDARD CHARTERED PLC | 853254CM0 | Debt | CORP | United Kingdom | 2,420,000 | principal | $2.5M | 0.79% | 2 |
| BANCO SANTANDER SA | 05971KAY5 | Debt | CORP | Spain | 2,400,000 | principal | $2.4M | 0.77% | 2 |
| AMERICAN INTERNATIONAL GROUP INC | 026874BS5 | Debt | CORP | United States | 2,150,000 | principal | $2.4M | 0.75% | 2 |
| CITIZENS FINANCIAL GROUP INC | 174610AQ8 | Debt | CORP | United States | 2,325,000 | principal | $2.3M | 0.74% | 2 |
| MORGAN STANLEY | 61763E207 | Preferred | CORP | United States | 89,000 | shares | $2.3M | 0.71% | 1 |
| ENBRIDGE INC | 29250NCG8 | Debt | CORP | Canada | 2,090,000 | principal | $2.2M | 0.70% | 2 |
| KEYCORP | 493267843 | Preferred | CORP | United States | 84,200 | shares | $2.1M | 0.67% | 1 |
| AMERICAN AGCREDIT ACA | 02369GAA3 | Debt | CORP | United States | 2,065,000 | principal | $2M | 0.65% | 2 |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 05946KAM3 | Debt | CORP | Spain | 1,800,000 | principal | $2M | 0.63% | 2 |
| LLOYDS BANKING GROUP PLC | 53944YAV5 | Debt | CORP | United Kingdom | 1,800,000 | principal | $1.9M | 0.61% | 2 |
| JP MORGAN CHASE & COMPANY | 48128BAQ4 | Debt | CORP | United States | 1,700,000 | principal | $1.8M | 0.56% | 2 |
| DOMINION ENERGY INC | 25746UDU0 | Debt | CORP | United States | 1,650,000 | principal | $1.8M | 0.56% | 2 |
| EDISON INTERNATIONAL | 281020AT4 | Debt | CORP | United States | 1,733,000 | principal | $1.7M | 0.55% | 2 |
| KKR REAL ESTATE FINANCE TRUST INC | 48251K209 | Preferred | CORP | United States | 95,536 | shares | $1.7M | 0.54% | 1 |
| GOLDMAN SACHS GROUP INC (THE) | 38141GA79 | Debt | CORP | United States | 1,590,000 | principal | $1.7M | 0.53% | 2 |
| BANCO SANTANDER SA | 05971KAQ2 | Debt | CORP | Spain | 1,400,000 | principal | $1.6M | 0.52% | 2 |
| SYNCHRONY FINANCIAL | 87165B400 | Preferred | CORP | United States | 63,300 | shares | $1.6M | 0.52% | 1 |
| PHILLIPS 66 COMPANY | 718547BA9 | Debt | CORP | United States | 1,595,000 | principal | $1.6M | 0.51% | 2 |
| CITIGROUP INC | 172967PC9 | Debt | CORP | United States | 1,550,000 | principal | $1.6M | 0.51% | 2 |
| PARAMOUNT GLOBAL | 92556HAE7 | Debt | CORP | United States | 1,860,000 | principal | $1.6M | 0.50% | 2 |
| EUSHI FINANCE INC | 29882DAB9 | Debt | CORP | United States | 1,475,000 | principal | $1.5M | 0.49% | 2 |
| ARBOR REALTY TRUST INC | 038923850 | Preferred | CORP | United States | 67,100 | shares | $1.5M | 0.49% | 1 |
| WELLS FARGO & COMPANY | 95002YAC7 | Debt | CORP | United States | 1,470,000 | principal | $1.5M | 0.48% | 2 |
| FIFTH THIRD BANCORP | 316773886 | Preferred | CORP | United States | 64,064 | shares | $1.5M | 0.48% | 1 |
| BANCO SANTANDER SA | 05964HBH7 | Debt | CORP | Spain | 1,400,000 | principal | $1.5M | 0.48% | 2 |
| CITIGROUP INC | 172967PE5 | Debt | CORP | United States | 1,420,000 | principal | $1.5M | 0.47% | 2 |
| KUVARE UNITED STATES HOLDINGS INC | 50149XAA2 | Debt | CORP | United States | 1,465,000 | principal | $1.5M | 0.47% | 2 |
| EVEREST REINSURANCE HOLDINGS INC | 299808AE5 | Debt | CORP | United States | 1,519,000 | principal | $1.5M | 0.46% | 2 |
| REGIONS FINANCIAL CORP | 7591EP860 | Preferred | CORP | United States | 57,000 | shares | $1.5M | 0.46% | 1 |
| ENTERGY CORP | 29364GAQ6 | Debt | CORP | United States | 1,350,000 | principal | $1.4M | 0.44% | 2 |
| PNC FINANCIAL SERVICES GROUP INC (THE) | 693475BP9 | Debt | CORP | United States | 1,365,000 | principal | $1.4M | 0.44% | 2 |
| SBL HOLDINGS INC | 78397DAC2 | Debt | CORP | United States | 1,500,000 | principal | $1.4M | 0.43% | 2 |
| ENSTAR GROUP LTD | 29359U109 | Preferred | CORP | Bermuda | 61,000 | shares | $1.3M | 0.43% | 1 |
| LAND O'LAKES INC | 514666AN6 | Debt | CORP | United States | 1,500,000 | principal | $1.3M | 0.42% | 2 |
| ROYAL BANK OF CANADA | 780082AT0 | Debt | CORP | Canada | 1,370,000 | principal | $1.3M | 0.42% | 2 |
| AMERICAN ELECTRIC POWER COMPANY INC | 025537BA8 | Debt | CORP | United States | 1,235,000 | principal | $1.3M | 0.42% | 2 |
| UMB FINANCIAL CORP | 902788405 | Preferred | CORP | United States | 47,800 | shares | $1.3M | 0.41% | 1 |
| CITIGROUP INC | 172967PK1 | Debt | CORP | United States | 1,250,000 | principal | $1.3M | 0.41% | 2 |
| SBL HOLDINGS INC | 78397DAA6 | Debt | CORP | United States | 1,300,000 | principal | $1.3M | 0.40% | 2 |
| DUKE ENERGY CORP | 26441CCG8 | Debt | CORP | United States | 1,200,000 | principal | $1.3M | 0.40% | 2 |
| CITIGROUP INC | 172967PM7 | Debt | CORP | United States | 1,185,000 | principal | $1.2M | 0.39% | 2 |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | 00774MBK0 | Debt | CORP | Ireland | 1,180,000 | principal | $1.2M | 0.39% | 2 |
| APOLLO GLOBAL MANAGEMENT INC | 03769M205 | Preferred | CORP | United States | 46,420 | shares | $1.2M | 0.38% | 1 |
| CONNECTONE BANCORP INC | 20786W503 | Preferred | CORP | United States | 47,900 | shares | $1.2M | 0.38% | 1 |
| BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH | 05971PAE8 | Debt | CORP | Cayman Islands | 1,125,000 | principal | $1.2M | 0.38% | 2 |
| FIRST CITIZENS BANCSHARES INC | 31959XAG8 | Debt | CORP | United States | 1,175,000 | principal | $1.2M | 0.37% | 2 |
| CAPITAL ONE FINANCIAL CORP | 14040HCF0 | Debt | CORP | United States | 1,180,000 | principal | $1.2M | 0.37% | 2 |
| ENERGY TRANSFER LP | 29273VAX8 | Debt | CORP | United States | 1,100,000 | principal | $1.2M | 0.37% | 2 |
| ENBRIDGE INC | 29250NBT1 | Debt | CORP | Canada | 1,000,000 | principal | $1.1M | 0.36% | 2 |
| JP MORGAN CHASE & COMPANY | 48128BAR2 | Debt | CORP | United States | 1,125,000 | principal | $1.1M | 0.36% | 2 |
| BANK OF NOVA SCOTIA (THE) | 0641598V1 | Debt | CORP | Canada | 1,050,000 | principal | $1.1M | 0.35% | 2 |
| ALLY FINANCIAL INC | 02005NCB4 | Debt | CORP | United States | 1,100,000 | principal | $1.1M | 0.35% | 2 |
| DOMINION ENERGY INC | 25746UDV8 | Debt | CORP | United States | 1,070,000 | principal | $1.1M | 0.35% | 2 |
| HUNTINGTON BANCSHARES INC | 446150773 | Preferred | CORP | United States | 43,600 | shares | $1.1M | 0.35% | 1 |
| SYNCHRONY FINANCIAL | 87165B202 | Preferred | CORP | United States | 55,500 | shares | $1.1M | 0.35% | 1 |
| SCE TRUST VII | 783892201 | Preferred | CORP | United States | 43,600 | shares | $1.1M | 0.34% | 1 |
| FIRST CITIZENS BANCSHARES INC | 31959X400 | Preferred | CORP | United States | 43,093 | shares | $1.1M | 0.33% | 1 |
| STATE STREET CORP | 857477CH4 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.33% | 2 |
| BNP PARIBAS SA | 05565AM34 | Debt | CORP | France | 970,000 | principal | $1M | 0.32% | 2 |
| PUGET ENERGY INC | 745310AT9 | Debt | CORP | United States | 1,005,000 | principal | $1M | 0.32% | 2 |
| CHARLES SCHWAB CORP (THE) | 808513CM5 | Debt | CORP | United States | 1,010,000 | principal | $1M | 0.32% | 2 |
| CENTERPOINT ENERGY INC | 15189TBJ5 | Debt | CORP | United States | 950,000 | principal | $1M | 0.32% | 2 |
| GENERAL MOTORS FINANCIAL COMPANY INC | 37045XCM6 | Debt | CORP | United States | 1,000,000 | principal | $1M | 0.32% | 2 |
| AES CORP (THE) | 00130HCK9 | Debt | CORP | United States | 975,000 | principal | $995K | 0.32% | 2 |
| WELLS FARGO & COMPANY | 95002YAE3 | Debt | CORP | United States | 985,000 | principal | $994K | 0.32% | 2 |
| SEMPRA | 816851BM0 | Debt | CORP | United States | 1,000,000 | principal | $992K | 0.31% | 2 |
| BANK OF MONTREAL | 06368LQ58 | Debt | CORP | Canada | 940,000 | principal | $987K | 0.31% | 2 |
| ROYAL BANK OF CANADA | 780082AR4 | Debt | CORP | Canada | 940,000 | principal | $976K | 0.31% | 2 |
| COMED FINANCING III | 20035AAA2 | Debt | CORP | United States | 944,000 | principal | $973K | 0.31% | 2 |
| BELL CANADA | 0778FPAQ2 | Debt | CORP | Canada | 940,000 | principal | $971K | 0.31% | 2 |
| ATHENE HOLDING LTD | 04686J838 | Preferred | CORP | United States | 38,520 | shares | $965K | 0.31% | 1 |
| HSBC HOLDINGS PLC | 404280FJ3 | Debt | CORP | United Kingdom | 940,000 | principal | $960K | 0.30% | 2 |
| SOCIETE GENERALE SA | 83370RAA6 | Debt | CORP | France | 1,000,000 | principal | $957K | 0.30% | 2 |
| GLOBAL ATLANTIC (FIN) COMPANY | 37959GAH0 | Debt | CORP | United States | 960,000 | principal | $955K | 0.30% | 2 |
| VALLEY NATIONAL BANCORP | 919794305 | Preferred | CORP | United States | 38,203 | shares | $950K | 0.30% | 1 |
| BNP PARIBAS SA | 05602XQS0 | Debt | CORP | France | 945,000 | principal | $947K | 0.30% | 2 |
| CITIZENS FINANCIAL GROUP INC | 174610600 | Preferred | CORP | United States | 36,100 | shares | $934K | 0.30% | 1 |
| BANK OF AMERICA CORP | 06055HAK9 | Debt | CORP | United States | 900,000 | principal | $914K | 0.29% | 2 |
| ROYAL BANK OF CANADA | 780082AY9 | Debt | CORP | Canada | 930,000 | principal | $914K | 0.29% | 2 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC | 65339KDB3 | Debt | CORP | United States | 875,000 | principal | $914K | 0.29% | 2 |
| MORGAN STANLEY | 61762V200 | Preferred | CORP | United States | 35,823 | shares | $911K | 0.29% | 1 |
| ALLY FINANCIAL INC | 02005NBN9 | Debt | CORP | United States | 925,000 | principal | $900K | 0.29% | 2 |
| REINSURANCE GROUP OF AMERICA INC | 759351885 | Preferred | CORP | United States | 34,725 | shares | $881K | 0.28% | 1 |
| WINTRUST FINANCIAL CORP | 97650W702 | Preferred | CORP | United States | 33,200 | shares | $871K | 0.28% | 1 |
| BARCLAYS PLC | 06738ECN3 | Debt | CORP | United Kingdom | 785,000 | principal | $870K | 0.28% | 2 |
| CITIGROUP INC | 172967PR6 | Debt | CORP | United States | 850,000 | principal | $859K | 0.27% | 2 |
| JP MORGAN CHASE & COMPANY | 48128BAN1 | Debt | CORP | United States | 850,000 | principal | $850K | 0.27% | 2 |
| CANADIAN IMPERIAL BANK OF COMMERCE | 13607P7Y4 | Debt | CORP | Canada | 815,000 | principal | $840K | 0.27% | 2 |
| EVERGY INC | 30034WAE6 | Debt | CORP | United States | 820,000 | principal | $838K | 0.27% | 2 |
| CITIZENS FINANCIAL GROUP INC | 174610808 | Preferred | CORP | United States | 33,000 | shares | $836K | 0.27% | 1 |
| PACIFICORP | 695114DG0 | Debt | CORP | United States | 825,000 | principal | $830K | 0.26% | 2 |
| QWEST CORP | 74913G873 | Preferred | CORP | United States | 41,820 | shares | $822K | 0.26% | 1 |
| M&T BANK CORP | 55261F872 | Preferred | CORP | United States | 32,484 | shares | $820K | 0.26% | 1 |
| BANK OF NOVA SCOTIA (THE) | 06419GEE2 | Debt | CORP | Canada | 810,000 | principal | $819K | 0.26% | 2 |
| SEMPRA | 816851BS7 | Debt | CORP | United States | 800,000 | principal | $818K | 0.26% | 2 |
| BARCLAYS PLC | 06738EDC6 | Debt | CORP | United Kingdom | 775,000 | principal | $817K | 0.26% | 2 |
| CITIGROUP INC | 17327CBC6 | Debt | CORP | United States | 800,000 | principal | $817K | 0.26% | 2 |
| PNC FINANCIAL SERVICES GROUP INC (THE) | 693475BC8 | Debt | CORP | United States | 815,000 | principal | $810K | 0.26% | 2 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC | 65339KDE7 | Debt | CORP | United States | 790,000 | principal | $809K | 0.26% | 2 |
| CITIGROUP INC | 172967QJ3 | Debt | CORP | United States | 795,000 | principal | $808K | 0.26% | 2 |
| SEMPRA | 816851BT5 | Debt | CORP | United States | 800,000 | principal | $807K | 0.26% | 2 |
| CITIGROUP INC | 17327CAV5 | Debt | CORP | United States | 790,000 | principal | $807K | 0.26% | 2 |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 05946KAW1 | Debt | CORP | Spain | 800,000 | principal | $807K | 0.26% | 2 |
| GOLDMAN SACHS GROUP INC (THE) | 38141GB52 | Debt | CORP | United States | 800,000 | principal | $805K | 0.26% | 2 |
| GENERAL MOTORS FINANCIAL COMPANY INC | 37045XDB9 | Debt | CORP | United States | 800,000 | principal | $801K | 0.25% | 2 |
| COREBRIDGE FINANCIAL INC | 21871XAT6 | Debt | CORP | United States | 800,000 | principal | $799K | 0.25% | 2 |
| ALGONQUIN POWER & UTILITIES CORP | 015857AH8 | Debt | CORP | Canada | 800,000 | principal | $795K | 0.25% | 2 |
| UBS GROUP AG | 902613BW7 | Debt | CORP | Switzerland | 780,000 | principal | $788K | 0.25% | 2 |
| VOYA FINANCIAL INC | 929089209 | Preferred | CORP | United States | 33,000 | shares | $787K | 0.25% | 1 |
| DTE ENERGY COMPANY | 233331792 | Preferred | CORP | United States | 31,900 | shares | $783K | 0.25% | 1 |
| NORTHWEST NATURAL HOLDING COMPANY | 66765NAA3 | Debt | CORP | United States | 765,000 | principal | $783K | 0.25% | 2 |
| COBANK ACB | 19075QAH5 | Debt | USGSE | United States | 775,000 | principal | $781K | 0.25% | 2 |
| PARTNERRE LTD | BMG686031698 | Preferred | CORP | Bermuda | 47,900 | shares | $781K | 0.25% | 2 |
| BANK OF NOVA SCOTIA (THE) | 0641598X7 | Debt | CORP | Canada | 750,000 | principal | $775K | 0.25% | 2 |
| BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH | 05973KAB3 | Debt | CORP | Cayman Islands | 800,000 | principal | $773K | 0.25% | 2 |
| AMERICAN EXPRESS COMPANY | 025816CH0 | Debt | CORP | United States | 775,000 | principal | $771K | 0.24% | 2 |
| PNC FINANCIAL SERVICES GROUP INC (THE) | 693475BF1 | Debt | CORP | United States | 760,000 | principal | $770K | 0.24% | 2 |
| NISOURCE INC | 65473PAR6 | Debt | CORP | United States | 740,000 | principal | $769K | 0.24% | 2 |
| ING GROEP NV | 456837AY9 | Debt | CORP | Netherlands | 775,000 | principal | $762K | 0.24% | 2 |
| TEXAS CAPITAL BANCSHARES INC | 88224Q305 | Preferred | CORP | United States | 35,900 | shares | $760K | 0.24% | 1 |
| XCEL ENERGY INC | 98389B878 | Preferred | CORP | United States | 31,600 | shares | $759K | 0.24% | 1 |
| FIRST HORIZON CORP | 320517840 | Preferred | CORP | United States | 30,000 | shares | $749K | 0.24% | 1 |
| ROGERS COMMUNICATIONS INC | 775109DH1 | Debt | CORP | Canada | 710,000 | principal | $736K | 0.23% | 2 |
| GLOBAL ATLANTIC (FIN) COMPANY | 37959GAG2 | Debt | CORP | United States | 730,000 | principal | $735K | 0.23% | 2 |
| SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD | 836720AJ1 | Debt | CORP | Canada | 685,000 | principal | $733K | 0.23% | 2 |
| FMC CORP | 302491AZ8 | Debt | CORP | United States | 980,000 | principal | $731K | 0.23% | 2 |
| ADAMAS TRUST INC | 649604865 | Preferred | CORP | United States | 30,000 | shares | $726K | 0.23% | 1 |
| BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH | 05971PAB4 | Debt | CORP | Cayman Islands | 727,000 | principal | $726K | 0.23% | 2 |
| M&T BANK CORP | 55261F849 | Preferred | CORP | United States | 28,800 | shares | $721K | 0.23% | 1 |
| M&T BANK CORP | 55261FAN4 | Debt | CORP | United States | 725,000 | principal | $720K | 0.23% | 2 |
| CREDIT AGRICOLE SA | 225313AT2 | Debt | CORP | France | 695,000 | principal | $717K | 0.23% | 2 |
| BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH | 05962GAJ8 | Debt | CORP | Cayman Islands | 710,000 | principal | $714K | 0.23% | 2 |
| ENSTAR FINANCE LLC | 29360AAB6 | Debt | CORP | United States | 720,000 | principal | $713K | 0.23% | 2 |
| DIME COMMERCIAL BANCSHARES INC | 25432X201 | Preferred | CORP | United States | 39,000 | shares | $711K | 0.23% | 1 |
| AFFILIATED MANAGERS GROUP INC | 008252827 | Preferred | CORP | United States | 29,800 | shares | $710K | 0.23% | 1 |
| AMERICAN NATIONAL GROUP INC | 025676AR8 | Debt | CORP | United States | 720,000 | principal | $709K | 0.22% | 2 |
| HSBC HOLDINGS PLC | 404280EJ4 | Debt | CORP | United Kingdom | 680,000 | principal | $701K | 0.22% | 2 |
| CANADIAN IMPERIAL BANK OF COMMERCE | 13607PNF7 | Debt | CORP | Canada | 685,000 | principal | $697K | 0.22% | 2 |
| ALTAGAS LTD | 021361AD2 | Debt | CORP | Canada | 665,000 | principal | $693K | 0.22% | 2 |
| SCE TRUST VIII | 80620A208 | Preferred | CORP | United States | 28,900 | shares | $691K | 0.22% | 1 |
| STIFEL FINANCIAL CORP | 860630706 | Preferred | CORP | United States | 29,000 | shares | $689K | 0.22% | 1 |
| CVS HEALTH CORP | 126650EH9 | Debt | CORP | United States | 660,000 | principal | $688K | 0.22% | 2 |
| LLOYDS BANKING GROUP PLC | 539439BF5 | Debt | CORP | United Kingdom | 695,000 | principal | $685K | 0.22% | 2 |
| TXNM ENERGY INC | 69349HAJ6 | Debt | CORP | United States | 665,000 | principal | $672K | 0.21% | 2 |
| SPIRE INC (US) | 84857LAE1 | Debt | CORP | United States | 670,000 | principal | $669K | 0.21% | 2 |
| FARM CREDIT BANK OF TEXAS INC | 30767EAF6 | Preferred | USGSE | United States | 645,000 | shares | $665K | 0.21% | 2 |
| FIRST HORIZON BANK | 337158208 | Preferred | CORP | United States | 875 | shares | $663K | 0.21% | 2 |
| HSBC HOLDINGS PLC | 404280FA2 | Debt | CORP | United Kingdom | 645,000 | principal | $661K | 0.21% | 2 |
| BBVA MEXICO SA TEXAS BRANCH | 05533UAG3 | Debt | CORP | United States | 670,000 | principal | $659K | 0.21% | 2 |
| TPG OPERATING GROUP II LP | 872652102 | Preferred | CORP | United States | 27,380 | shares | $657K | 0.21% | 1 |
| AMERICAN ELECTRIC POWER COMPANY INC | 02557TAF6 | Debt | CORP | United States | 655,000 | principal | $650K | 0.21% | 2 |
| ENTERGY CORP | 29364GAS2 | Debt | CORP | United States | 650,000 | principal | $649K | 0.21% | 2 |
| DOMINION ENERGY INC | 25746UDM8 | Debt | CORP | United States | 650,000 | principal | $649K | 0.21% | 2 |
| EQUITABLE HOLDINGS INC | 29452EAD3 | Debt | CORP | United States | 630,000 | principal | $649K | 0.21% | 2 |
| HUMANA INC | 444859CE0 | Debt | CORP | United States | 650,000 | principal | $645K | 0.20% | 2 |
| SUNOCO LP | 86765KAE9 | Debt | CORP | United States | 615,000 | principal | $643K | 0.20% | 2 |
| METLIFE CAPITAL TRUST IV | 591560AA5 | Debt | CORP | United States | 577,000 | principal | $633K | 0.20% | 2 |
| ENERGY TRANSFER LP | 29273VBH2 | Debt | CORP | United States | 620,000 | principal | $632K | 0.20% | 2 |
| CITIGROUP INC | 172967242 | Preferred | CORP | United States | 25,200 | shares | $630K | 0.20% | 1 |
| UBS GROUP AG | 902613AD0 | Debt | CORP | Switzerland | 675,000 | principal | $617K | 0.20% | 2 |
| WESTERN ALLIANCE BANCORP | 957638406 | Preferred | CORP | United States | 25,300 | shares | $611K | 0.19% | 1 |
| COBANK ACB | 19075QAC6 | Debt | USGSE | United States | 609,000 | principal | $609K | 0.19% | 2 |
| WELLS FARGO & COMPANY | 94988U128 | Preferred | CORP | United States | 32,938 | shares | $606K | 0.19% | 1 |
| ROYAL BANK OF CANADA | 780082AV5 | Debt | CORP | Canada | 590,000 | principal | $605K | 0.19% | 2 |
| ENSTAR GROUP LTD | 29359UAD1 | Debt | CORP | Bermuda | 575,000 | principal | $604K | 0.19% | 2 |
| TELUS CORP | 87971MCM3 | Debt | CORP | Canada | 575,000 | principal | $592K | 0.19% | 2 |
| BNP PARIBAS SA | 05565AS20 | Debt | CORP | France | 560,000 | principal | $590K | 0.19% | 2 |
| QWEST CORP | 74913G881 | Preferred | CORP | United States | 29,941 | shares | $583K | 0.18% | 1 |
| COREBRIDGE FINANCIAL INC | 21871XAU3 | Debt | CORP | United States | 560,000 | principal | $575K | 0.18% | 2 |
| BNP PARIBAS SA | 05602XQQ4 | Debt | CORP | France | 555,000 | principal | $575K | 0.18% | 2 |
| FORTEGRA GROUP INC (THE) | 34962TAA9 | Debt | CORP | United States | 580,000 | principal | $569K | 0.18% | 2 |
| TRANSCANADA PIPELINES LTD | 89352HBL2 | Debt | CORP | Canada | 560,000 | principal | $566K | 0.18% | 2 |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | 00774MBQ7 | Debt | CORP | Ireland | 550,000 | principal | $562K | 0.18% | 2 |
| LINCOLN NATIONAL CORP | 534187BR9 | Debt | CORP | United States | 530,000 | principal | $561K | 0.18% | 2 |
| TRANSCANADA TRUST | 89356BAE8 | Debt | CORP | Canada | 560,000 | principal | $559K | 0.18% | 2 |
| LINCOLN NATIONAL CORP | 534187885 | Preferred | CORP | United States | 21,200 | shares | $557K | 0.18% | 1 |
| COBANK ACB | 19075QAG7 | Debt | USGSE | United States | 535,000 | principal | $546K | 0.17% | 2 |
| MORGAN STANLEY | 61745VAB9 | Debt | CORP | United States | 540,000 | principal | $545K | 0.17% | 2 |
| TPG RE FINANCE TRUST INC | 87266M206 | Preferred | CORP | United States | 28,200 | shares | $541K | 0.17% | 1 |
| BNP PARIBAS SA | 05565A5R0 | Debt | CORP | France | 511,000 | principal | $540K | 0.17% | 2 |
| F&G ANNUITIES & LIFE INC | 30190A609 | Preferred | CORP | United States | 23,800 | shares | $517K | 0.16% | 1 |
| NEXTERA ENERGY CAPITAL HOLDINGS INC | 65339KCW8 | Debt | CORP | United States | 500,000 | principal | $515K | 0.16% | 2 |
| DIME COMMERCIAL BANCSHARES INC | 25432X300 | Preferred | CORP | United States | 19,600 | shares | $515K | 0.16% | 1 |
| BANK OF MONTREAL | 06368L5Q5 | Debt | CORP | Canada | 490,000 | principal | $515K | 0.16% | 2 |
| GOLDMAN SACHS GROUP INC (THE) | 38141GC28 | Debt | CORP | United States | 500,000 | principal | $513K | 0.16% | 2 |
| FIRST HORIZON CORP | 320517402 | Preferred | CORP | United States | 21,200 | shares | $512K | 0.16% | 1 |
| TORONTO DOMINION BANK (THE) | 89116CKP1 | Debt | CORP | Canada | 490,000 | principal | $511K | 0.16% | 2 |
| BARCLAYS PLC | 06738EBX2 | Debt | CORP | United Kingdom | 485,000 | principal | $511K | 0.16% | 2 |
| HSBC HOLDINGS PLC | 404280BL2 | Debt | CORP | United Kingdom | 500,000 | principal | $504K | 0.16% | 2 |
| HSBC HOLDINGS PLC | 404280FR5 | Debt | CORP | United Kingdom | 495,000 | principal | $497K | 0.16% | 2 |
| UNIVERSAL INSURANCE HOLDINGS INC | 91359VAC1 | Debt | CORP | United States | 500,000 | principal | $496K | 0.16% | 2 |
| EXELON CORP | 30161NBQ3 | Debt | CORP | United States | 470,000 | principal | $487K | 0.15% | 2 |
| MORGAN STANLEY | 61762V838 | Preferred | CORP | United States | 19,000 | shares | $485K | 0.15% | 1 |
| CMS ENERGY CORP | 125896BY5 | Debt | CORP | United States | 470,000 | principal | $483K | 0.15% | 2 |
| EMERA US FINANCE LLC | 29103HAB3 | Debt | CORP | United States | 475,000 | principal | $482K | 0.15% | 2 |
| HUNTINGTON BANCSHARES INC | 446150757 | Preferred | CORP | United States | 23,546 | shares | $481K | 0.15% | 1 |
| ATHENE HOLDING LTD | 04686J408 | Preferred | CORP | United States | 28,800 | shares | $471K | 0.15% | 1 |
| BARCLAYS PLC | 06738EBT1 | Debt | CORP | United Kingdom | 475,000 | principal | $462K | 0.15% | 2 |
| CITIGROUP INC | 172967NB3 | Debt | CORP | United States | 450,000 | principal | $449K | 0.14% | 2 |
| BNP PARIBAS SA | 05565ASK0 | Debt | CORP | France | 475,000 | principal | $437K | 0.14% | 2 |
| GOLDMAN SACHS GROUP INC (THE) | 38141GA38 | Debt | CORP | United States | 405,000 | principal | $426K | 0.14% | 2 |
| REINSURANCE GROUP OF AMERICA INC | 759351AV1 | Debt | CORP | United States | 430,000 | principal | $424K | 0.13% | 2 |
| STANDARD CHARTERED PLC | 853254BX7 | Debt | CORP | United Kingdom | 450,000 | principal | $424K | 0.13% | 2 |
| PRUDENTIAL FINANCIAL INC | 744320BL5 | Debt | CORP | United States | 400,000 | principal | $423K | 0.13% | 2 |
| COMPEER FINANCIAL ACA | 20453QAC6 | Debt | CORP | United States | 415,000 | principal | $423K | 0.13% | 2 |
| SOUTHERN COMPANY (THE) | 842587EB9 | Debt | CORP | United States | 405,000 | principal | $415K | 0.13% | 2 |
| NISOURCE INC | 65473PAT2 | Debt | CORP | United States | 400,000 | principal | $410K | 0.13% | 2 |
| JACKSON FINANCIAL INC | 46817M206 | Preferred | CORP | United States | 15,800 | shares | $407K | 0.13% | 1 |
| BANK OF NEW YORK MELLON CORP (THE) | 064058845 | Preferred | CORP | United States | 15,800 | shares | $407K | 0.13% | 1 |
| WAFD INC | 938824307 | Preferred | CORP | United States | 25,000 | shares | $405K | 0.13% | 1 |
| HUNTINGTON BANCSHARES INC | 446150AV6 | Debt | CORP | United States | 405,000 | principal | $402K | 0.13% | 2 |
| HUNTINGTON BANCSHARES INC | 446150BG8 | Debt | CORP | United States | 400,000 | principal | $400K | 0.13% | 2 |
| FIRST CITIZENS BANCSHARES INC | 319626305 | Preferred | CORP | United States | 19,620 | shares | $394K | 0.12% | 1 |
| NATWEST GROUP PLC | 639057AD0 | Debt | CORP | United Kingdom | 425,000 | principal | $390K | 0.12% | 2 |
| WELLS FARGO & COMPANY | 949746804 | Preferred | CORP | United States | 325 | shares | $381K | 0.12% | 1 |
| HUNTINGTON BANCSHARES INC | 446150AT1 | Debt | CORP | United States | 375,000 | principal | $381K | 0.12% | 2 |
| ASSURANT INC | 04621X306 | Preferred | CORP | United States | 19,300 | shares | $375K | 0.12% | 1 |
| EVERSOURCE ENERGY | 30040WBD9 | Debt | CORP | United States | 365,000 | principal | $366K | 0.12% | 2 |
| BANK OF AMERICA CORP | 06055HAB9 | Debt | CORP | United States | 350,000 | principal | $354K | 0.11% | 2 |
| CAPITAL ONE FINANCIAL CORP | 14040H824 | Preferred | CORP | United States | 17,820 | shares | $325K | 0.10% | 1 |
| WEBSTER FINANCIAL CORP | 947890703 | Preferred | CORP | United States | 13,416 | shares | $325K | 0.10% | 1 |
| NATWEST GROUP PLC | 639057AQ1 | Debt | CORP | United Kingdom | 285,000 | principal | $312K | 0.10% | 2 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| May 29, 2026 | Jul 27, 2026 | 262 | 100.0% | $315M | full |
| Nov 28, 2025 | Jan 23, 2026 | 257 | 100.0% | $315M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Flaherty & Crumrine Total Return Fund Inc. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.