<SEC-DOCUMENT>0001752724-25-181499.txt : 20250729
<SEC-HEADER>0001752724-25-181499.hdr.sgml : 20250729
<ACCEPTANCE-DATETIME>20250729100401
ACCESSION NUMBER:		0001752724-25-181499
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250531
FILED AS OF DATE:		20250729
DATE AS OF CHANGE:		20250729
PERIOD START:           	20251130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SRH Total Return Fund, Inc.
		CENTRAL INDEX KEY:			0000102426
		ORGANIZATION NAME:           	
		EIN:				132729672
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02328
		FILM NUMBER:		251158304

	BUSINESS ADDRESS:	
		STREET 1:		1700 BROADWAY
		STREET 2:		SUITE 1850
		CITY:			DENVER
		STATE:			CO
		ZIP:			80290
		BUSINESS PHONE:		7209170764

	MAIL ADDRESS:	
		STREET 1:		1700 BROADWAY
		STREET 2:		SUITE 1850
		CITY:			DENVER
		STATE:			CO
		ZIP:			80290

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOULDER GROWTH & INCOME FUND
		DATE OF NAME CHANGE:	20020731

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USLIFE INCOME FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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      <regFileNumber>811-02328</regFileNumber>
      <regCik>0000102426</regCik>
      <regLei>5493000XG0EMNJQ1SM17</regLei>
      <regStreet1>1700 Broadway Suite 1850</regStreet1>
      <regCity>Denver</regCity>
      <regStateConditional regCountry="US" regState="US-CO"/>
      <regZipOrPostalCode>80290</regZipOrPostalCode>
      <regPhone>3032264150</regPhone>
      <seriesName>SRH Total Return Fund, Inc.</seriesName>
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      <repPdEnd>2025-11-30</repPdEnd>
      <repPdDate>2025-05-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>232055347.87</totLiabs>
      <netAssets>2076934536.77</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
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        <name>Stanley Black &amp; Decker Inc</name>
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        <name>JPMorgan Chase &amp; Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Travelers Cos Inc/The</name>
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        <title>Travelers Cos Inc/The</title>
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          <ticker value="TRV"/>
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        <name>Cohen &amp; Steers Infrastructure</name>
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        <name>First Watch Restaurant Group I</name>
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        <name>The Options Clearing Corp</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>BTIG</counterpartyName>
              <counterpartyLei>549300GTG9PL6WO3EC51</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>The Options Clearing Corp</issuerName>
                <issueTitle>OTHER</issueTitle>
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            <shareNo>100.00000000</shareNo>
            <exercisePrice>270.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-01-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-359288.75000000</unrealizedAppr>
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        <valUSD>50430000.00000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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        <name>Cisco Systems Inc/Delaware</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Microsoft Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Installed Building Products In</name>
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        <valUSD>26314200.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>eBay Inc</name>
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        <curCd>USD</curCd>
        <valUSD>47560500.00000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caterpillar Inc</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
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          <ticker value="CAT"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>SRH Total Return Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Jill Kerschen</ncom:signature>
      <ncom:signerName>Jill Kerschen</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
