CRF
Cornerstone Total Return FundCRF
CRF
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 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
0.56% less ownership
Funds ownership: 9.35% [Q2] → 8.8% (-0.56%) [Q3]
3% less capital invested
Capital invested by funds: $81.2M [Q2] → $78.4M (-$2.75M) [Q3]
2% less funds holding
Funds holding: 54 [Q2] → 53 (-1) [Q3]
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for CRF.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
Negative
Seeking Alpha
1 week ago
PIMCO Cuts A Couple Of Distributions, Who Could Be Next?
RCS and PCM recently announced distribution cuts, and they were simultaneously trading at some hefty premiums to their NAV per share. We saw the usual outcome, which is a drastic sell-off as is often the case with the dangerous combination of elevated NAV distribution rates and premiums are mixed. We are looking at two more names to warn about in the future, but predicting distribution cuts is incredibly difficult as funds can pay out what they'd like.
Neutral
Seeking Alpha
1 month ago
Compounding Income Strategy With Cornerstone Total Return Fund
Cornerstone Total Return Fund offers a monthly dividend with a high distribution rate of 13%. CRF offers a compelling Dividend Reinvestment Program (DRIP) that allows investors to buy at NAV, which becomes a discount when the fund trades at a premium. The main risk to the fund is its high allocation to technology stocks, which could devalue the fund in a correction.
Positive
Invezz
3 months ago
Love the SCHD ETF? CLM and CRF are better yielding alternatives
The Schwab US Dividend Equity ETF (SCHD) is one of Wall Street's most popular dividend funds, thanks to its high dividend yield, payout growth, and strong performance since its inception. SCHD is a popular dividend fund This year alone, the fund has attracted over $4.
Positive
Seeking Alpha
4 months ago
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.
Negative
Seeking Alpha
6 months ago
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.
Neutral
Seeking Alpha
7 months ago
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.
Neutral
GlobeNewsWire
8 months ago
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.
Neutral
Business Wire
8 months ago
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.
Positive
Seeking Alpha
9 months ago
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.
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