FLAHERTY & CRUMRINE TOTAL RETURN FUND INC - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLAHERTY & CRUMRINE/CLAYMORE TOTAL RETURN FUND INC (FLC)
CIK: 0001245648
Period of Report: 2011-08-09

Reporting Person: ETTINGER ROBERT M (President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-09	Common Stock	P	100	$15.75	Acquired	28400	Direct
2011-08-09	Common Stock	P	100	$15.78	Acquired	28500	Direct
2011-08-09	Common Stock	P	900	$15.8	Acquired	29400	Direct
2011-08-09	Common Stock	P	200	$15.85	Acquired	29600	Direct
2011-08-09	Common Stock	P	328	$15.89	Acquired	29928	Direct
2011-08-09	Common Stock	P	100	$15.82	Acquired	30028	Direct
2011-08-09	Common Stock	P	100	$15.9	Acquired	30128	Direct
2011-08-09	Common Stock	P	300	$15.83	Acquired	30428	Direct
2011-08-09	Common Stock	P	100	$15.95	Acquired	30528	Direct
2011-08-09	Common Stock	P	300	$15.84	Acquired	30828	Direct
2011-08-09	Common Stock	P	100	$15.85	Acquired	30928	Direct
2011-08-09	Common Stock	P	200	$15.98	Acquired	31128	Direct
2011-08-09	Common Stock	P	2644	$15.999	Acquired	33772	Direct
2011-08-09	Common Stock	P	400	$15.85	Acquired	34172	Direct
2011-08-09	Common Stock	P	200	$15.92	Acquired	34372	Direct
2011-08-09	Common Stock	P	1400	$15.979	Acquired	35772	Direct
2011-08-09	Common Stock	P	2300	$16	Acquired	38072	Direct
2011-08-09	Common Stock	P	228	$15.86	Acquired	38300	Direct

F1: Mr. Ettinger also indirectly holds an additional 4,198 shares of the Fund through his ownership of 27.5% of Flaherty & Crumrine Incorporated.