STEW (SRH Total Return Fund,) Shares Outstanding (EOP): 96.4 Mil (As of Nov. 2025)


STEW SRH Total Return Fund, Inc. STEW
57 GF Score
Price $17.76
GF Value $20.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is SRH Total Return Fund, Shares Outstanding (EOP)?

SRH Total Return Fund, STEW -0.20% 57 Shares Outstanding (EOP) is 96.4 Mil as of Nov. 2025. GuruFocus rates STEW with a GF Score™ of 57/100 and a GF Value™ of $20.86 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. SRH Total Return Fund,'s shares outstanding for the quarter that ended in Nov. 2025 was 96.4 Mil.

SRH Total Return Fund,'s quarterly shares outstanding stayed the same from May. 2025 (96.4 Mil) to Nov. 2025 (96.4 Mil).

SRH Total Return Fund,'s annual shares outstanding stayed the same from Nov. 2024 (96.4 Mil) to Nov. 2025 (96.4 Mil).


SRH Total Return Fund,  (NYSE:STEW) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


SRH Total Return Fund, Shares Outstanding (EOP) Related Terms


SRH Total Return Fund, Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for SRH Total Return Fund,'s Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SRH Total Return Fund, Shares Outstanding (EOP) Chart

SRH Total Return Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only 97.80 97.33 97.07 96.44 96.44

SRH Total Return Fund, Semi-Annual Data
May16 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.07 96.74 96.44 96.44 96.44

STEW vs BCAT, BDJ, TSLX: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, SRH Total Return Fund,'s Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SRH Total Return Fund, Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, SRH Total Return Fund,'s Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where SRH Total Return Fund,'s Shares Outstanding (EOP) falls into.


STEW
57GF Score
SRH Total Return Fund, Inc. STEW
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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SRH Total Return Fund, Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 96.4 Mil mean?
SRH Total Return Fund, (STEW) has a Shares Outstanding (EOP) of 96.4 Mil as of Nov. 2025. The total shares a company has outstanding, at period-end. View historical data on SRH Total Return Fund, and its competitors.
Is SRH Total Return Fund,'s Shares Outstanding (EOP) too high?
SRH Total Return Fund,'s current Shares Outstanding (EOP) is 96.4 Mil. Overall, SRH Total Return Fund, has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SRH Total Return Fund,'s Shares Outstanding (EOP) compare to BCAT and BDJ?
SRH Total Return Fund,'s Shares Outstanding (EOP) of 96.4 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on SRH Total Return Fund, and its competitors. SRH Total Return Fund,'s current Shares Outstanding (EOP) is 96.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRH Total Return Fund, stock overvalued right now?
Based on GuruFocus' analysis, SRH Total Return Fund, (STEW) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.86, compared to a current price of $17.76 — trading 14.9% below its estimated fair value. The current Shares Outstanding (EOP) is 96.4 Mil. SRH Total Return Fund,'s overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For SRH Total Return Fund, (STEW), the current Shares Outstanding (EOP) is 96.4 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SRH Total Return Fund, (STEW) Overvalued in 2026?

Based on GuruFocus' analysis, SRH Total Return Fund, stock appears to be undervalued. The current stock price of $17.76 is trading 14.9% below its estimated GF Value™ of $20.86. GuruFocus considers SRH Total Return Fund, to be Modestly Undervalued.

Key valuation signals for STEW:

  • Shares Outstanding (EOP): 96.4 Mil
  • GF Value™: $20.86 vs. price of $17.76 (14.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the STEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SRH Total Return Fund, Business Description

Address 1700 Broadway, Suite 2100, Denver, CO, USA, 80290
SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total returns. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value. The Funds are available as an actively-managed closed-end fund, an actively managed ETF and a passively-managed ETF.
57GF Score

Get the complete analysis for STEW

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.76
Price
$20.86
GF Value