CRF

Cornerstone Total Return Fund
CRF

$7.86

0.38%

Market Cap: $867M

About: Cornerstone Total Return Fund Inc is a diversified closed-end management company. Its objective is to seek capital appreciation with current income as a secondary objective. The company invests in sectors such as Information Technology; Health Care; Financials; Communication Services; Consumer Discretionary; Industrials; Exchange-Traded Funds; Utilities; Energy; Real Estate and others.

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 11

2% more funds holding

Funds holding: 52 [Q1] → 53 (+1) [Q2]

9% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 11

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

2.6% less ownership

Funds ownership: 11.8% [Q1] → 9.2% (-2.6%) [Q2]

18% less capital invested

Capital invested by funds: $97.8M [Q1] → $79.8M (-$18M) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for CRF.

See Analyst Rankings

Financial journalist opinion

CRF: 15% Yield, Monthly Payer

The Cornerstone Total Return Fund offers a balanced approach with value, growth and a high yield of 15.69%, but has an -11.44% five-year dividend growth average. CRF's diversified portfolio includes top holdings like Apple and Microsoft, with significant exposure to technology, and a stable expense ratio of 1.15%. Despite outperforming the S&P 500 and its top holdings over the past year, CRF is down 4.5% in 2024 and trades at a 20.76% premium to NAV.

CRF: 15% Yield, Monthly Payer

CLM & CRF: High Yields, High Premiums, Bargain Prices (For Some)

CLM and CRF have historically sold at very high premiums, perhaps driven by the allure of high cash yields. Shareholders participating in their dividend-reinvestment plans (DRIP) have been able to buy new shares at a highly discounted price (i.e. NAV), essentially at the expense of non-DRIP shareholders. As more shareholders come to understand how this works, I expect the air will slowly go out of the balloon.

CLM & CRF: High Yields, High Premiums, Bargain Prices (For Some)

CRF: 16% Yield, Outperforming Monthly Payer

The Cornerstone Total Return Fund is a diversified, closed-end management investment company with a focus on value, growth, and income. CRF's dividends have decreased but remain consistent with the distribution percentage of the net asset value of the Fund. CRF's performance has outperformed the Morningstar US CEF US Equity category in recent years and is currently trading at a lower premium to its net asset value.

CRF: 16% Yield, Outperforming Monthly Payer

Cornerstone Funds Announce Continuing Monthly Distributions

NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions.

Cornerstone Funds Announce Continuing Monthly Distributions

California Economic Development Leaders Launch New Tool Connecting Business Owners with Trusted Lenders

SACRAMENTO, Calif.--(BUSINESS WIRE)--California Small Business Loan Match, a new lender match tool for business owners to discover vital funding options, launches today in California.

California Economic Development Leaders Launch New Tool Connecting Business Owners with Trusted Lenders

Cornerstone Total Return Fund: Building A Foundation For Income

The Cornerstone funds, CLM and CRF, are some of the oldest CEFs that trade on the stock market. CRF offers a steady, dependable high-yield distribution that is paid monthly and currently trades at a relatively low premium of about 8%. CRF focuses on income generation and offers a higher income-compounding approach compared to growth-focused investments like the S&P 500.

Cornerstone Total Return Fund: Building A Foundation For Income

Cornerstone Funds File Their Annual Reports

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300) (individually the “Fund” or, collectively, the “Funds”) have each filed copies of their annual report on Form N-CSR with the U.S. Securities and Exchange Commission (“SEC”). Each report includes audited financial statements for the fiscal year ended December 31, 2023. The annual reports are available online at www.cornerstones t rategicvaluefund.com and www.cornerstoneto t alreturnfund.com . Copies of these reports are also available free of charge upon request by calling 1-866-668-6558.

Cornerstone Funds File Their Annual Reports

Cornerstone Funds Announce Continuing Monthly Distributions and Change in March 2024 Payable Date

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions.

Cornerstone Funds Announce Continuing Monthly Distributions and Change in March 2024 Payable Date

Four Unloved Income Funds With Ultra High Yield (15%+) Distributions

I am an income-oriented investor focused on high-yield closed-end funds and ETFs to compound returns in retirement. Income investing requires picking investments that provide a steady distribution, rather than trying to time the market.

Four Unloved Income Funds With Ultra High Yield (15%+) Distributions

These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway

abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying stocks and offer a wide range of asset types and classes.

These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway

See News Rankings