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FLAHERTY & CRUMRINE TOTAL RETURN FUND INC Director's Dealing 2003

Aug 26, 2003

33743_dirs_2003-08-26_2d9728ed-0f78-4083-9c8d-e143e7deb566.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND INC (FLC)
CIK: 0001245648
Period of Report: 2003-08-08

Reporting Person: FLAHERTY & GRUMRINE INC (Investment Adviser)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4198	Direct