UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21380

Flaherty & Crumrine/Claymore Total Return Fund Incorporated
(Exact name of registrant as specified in charter)

301 E. Colorado Boulevard, Suite 720
Pasadena, CA 91101
(Address of principal executive offices) (Zip code)

Donald F. Crumrine
Flaherty & Crumrine Incorporated
301 E. Colorado Boulevard, Suite 720
Pasadena, CA 91101
(Name and address of agent for service)

Registrant's telephone number, including area code: 626-795-7300

Date of fiscal year end: November 30

Date of reporting period: July 1, 2008 - June 30, 2009

Form N-PX is to be used by a registered management investment company, other than a small business investment company registered on Form N-5 (Sections 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than August 31 of each year, containing the registrant's proxy voting record for the most recent twelve-month period ended June 30, pursuant to section 30 of the Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-PX in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-PX, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-PX unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. Section 3507.


PROXY VOTING RECORD

FOR PERIOD JULY 1, 2008 TO JUNE 30, 2009


FORM N-PX SPREADSHEET*

REGISTRANT NAME: Flaherty & Crumrine /
 Claymore Total Return Fund Incorporated
INVESTMENT COMPANY ACT FILE NUMBER: 811 - 21380
REPORTING PERIOD: 07/01/2008 - 06/30/2009
REGISTRANT ADDRESS: 301 E. Colorado Boulevard,
 Suite 720, Pasadena,
 California 91101

NAME OF SERIES (AS APPLICABLE):


WISCONSIN POWER & LIGHT

Ticker Symbol: WIS-P CUSIP/Security ID: 976826867 Meeting Date: 5/20/2009

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
Approve directors Issuer Yes For For
Approve auditor Issuer Yes For For


WISCONSIN POWER & LIGHT

Ticker Symbol: WIS-P CUSIP/Security ID: 976826875 Meeting Date: 5/20/2009

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
Approve directors Issuer Yes For For
Approve auditor Issuer Yes For For


WACHOVIA PREFERRED FUNDING

Ticker Symbol: WNA-P CUSIP/Security ID: 92977V206 Meeting Date: 5/11/2009

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
Approve directors Issuer Yes For For


BANK OF AMERICA

Ticker Symbol: BAC CUSIP/Security ID: 060505583 Meeting Date: 4/29/2009

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
Approve directors Issuer Yes For For
Approve auditor Issuer Yes For For
Advisory vote approving executive comp Issuer Yes For For
Disclosure of government employment Security Holder Yes Against For
Advisory vote on exec. comp. Security Holder Yes Against For
Cumulative voting Security Holder Yes Against For
Special stockholder meetings Security Holder Yes Against For
Independent Board Chairman Security Holder Yes Against For
Predatory credit card lending practices Security Holder Yes Against For
Adoption of principles for healthcare reform Security Holder Yes Against For
Limits on executive compensation Security Holder Yes Against For


BANK OF AMERICA

Ticker Symbol: BAC CUSIP/Security ID: 060505567 Meeting Date: 4/29/2009

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
Approve directors Issuer Yes For For
Approve auditor Issuer Yes For For
Advisory vote approving executive comp Issuer Yes For For
Disclosure of government employment Security Holder Yes Against For
Advisory vote on exec. comp. Security Holder Yes Against For
Cumulative voting Security Holder Yes Against For
Special stockholder meetings Security Holder Yes Against For
Independent Board Chairman Security Holder Yes Against For
Predatory credit card lending practices Security Holder Yes Against For
Adoption of principles for healthcare reform Security Holder Yes Against For
Limits on executive compensation Security Holder Yes Against For


BANK OF AMERICA

Ticker Symbol: BAC CUSIP/Security ID: 060505633 Meeting Date: 4/29/2009

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
Approve directors Issuer Yes For For
Approve auditor Issuer Yes For For
Advisory vote approving executive comp Issuer Yes For For
Disclosure of government employment Security Holder Yes Against For
Advisory vote on exec. comp. Security Holder Yes Against For
Cumulative voting Security Holder Yes Against For
Special stockholder meetings Security Holder Yes Against For
Independent Board Chairman Security Holder Yes Against For
Predatory credit card lending practices Security Holder Yes Against For
Adoption of principles for healthcare reform Security Holder Yes Against For
Limits on executive compensation Security Holder Yes Against For


HBOS PLC

Ticker Symbol: HBOS CUSIP/Security ID: 42205MAC0 Meeting Date: 12/12/2008

 FUND'S VOTE FOR
 OR AGAINST
 PROPOSAL, OR
 ABSTAIN; FOR OR
 WITHHOLD WHETHER VOTE
 WHO PROPOSED WHETHER FUND REGARDING WAS FOR OR
 MATTER: ISSUER / CAST VOTE ON ELECTION OF AGAINST
SUMMARY OF MATTER VOTED ON SHAREHOLDER MATTER DIRECTORS MANAGEMENT
----------------------------------------------- ---------------- -------------- ----------------- ------------
BONY Mellon will consent to preference scheme Issuer Yes For For
Approval of preference share scheme Issuer Yes For For
Reduction of share capital Issuer Yes For For

* Complete for each series of the Registrant, as applicable.


SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant
Flaherty & Crumrine/Claymore Total Return Fund Incorporated

By (Signature and Title)* /s/ Donald F. Crumrine
 -------------------------------------
 Donald F. Crumrine, Director,
 Chairman of the Board and Chief
 Executive Officer
 (Principal Executive Officer)

Date 8/20/2009

* Print the name and title of each signing officer under his or her signature.

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