FLC

Flaherty & Crumrine Total Return Fund Inc is a closed-end investment fund that seeks to provide high current income with a secondary objective of capital appreciation. The fund primarily invests in preferred securities and other income-producing instruments issued by companies across various sectors, emphasizing securities from the financial services industry. Managed by Flaherty & Crumrine Incorporated, the fund employs active management strategies to navigate interest rate environments and credit conditions affecting preferred stock valuations. The closed-end structure allows the fund to use leverage to potentially enhance returns, though this also introduces additional risk to shareholders.