Summary
7.90 0.01(0.13%)07/05/2024
Cornerstone Total Return Fund (CRF)
Cornerstone Total Return Fund (CRF)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.19 | 0.70 | 1.67 | 2.86 | 11.27 | -2.95 | -81.95 | -75.16 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 7.90 | |
| Open | 7.89 | |
| High | 7.92 | |
| Low | 7.86 | |
| Volume | 664,173 | |
| Change | 0.01 | |
| Change % | 0.19 | |
| Avg Volume (20 Days) | 507,636 | |
| Volume/Avg Volume (20 Days) Ratio | 1.31 | |
| 52 Week Range | 6.05 - 8.55 | |
| Price vs 52 Week High | -7.60% | |
| Price vs 52 Week Low | 30.58% | |
| Range | 0.13 | |
| Gap Up/Down | 0.00 | |
Fundamentals | ||
| Market Capitalization (Mln) | 808 | |
| EBIDTA | 0 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 0.0000 | |
| Earnings Per Share | 0.0000 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 0.0000 | |
| Revenues | ||
| Profit Marging | 0.0000 | |
| Operating Marging (TTM) | 0.0000 | |
| Return on asset (TTM) | 0.0000 | |
| Return on equity (TTM) | 0.0000 | |
| Revenue TTM | 0 | |
| Revenue per share TTM | 0.0000 | |
| Quarterly Revenue Growth (YOY) | 0.0000 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 0 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.0000 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 0 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 0.00 | |
07/01 17:15 EST - seekingalpha.com
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)
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.
05/31 12:42 EST - seekingalpha.com
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
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.
05/03 16:30 EST - globenewswire.com
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
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.
03/24 23:39 EST - seekingalpha.com
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
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.
03/01 09:00 EST - globenewswire.com
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
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.
02/12 09:00 EST - globenewswire.com
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
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.
02/08 13:55 EST - seekingalpha.com
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
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.
01/18 10:43 EST - seekingalpha.com
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
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.
01/12 09:15 EST - seekingalpha.com
CRF: 17% Yield, Monthly Payer, Close To Buy Point
Cornerstone Total Return Fund is a diversified, closed-end management investment company that offers value, growth, and income. CRF yields 17.5% and pays monthly. The fund has a focus on the tech sector, with overweight exposure in consumer cyclical and underweight exposure in financials.
CRF: 17% Yield, Monthly Payer, Close To Buy Point
Cornerstone Total Return Fund is a diversified, closed-end management investment company that offers value, growth, and income. CRF yields 17.5% and pays monthly. The fund has a focus on the tech sector, with overweight exposure in consumer cyclical and underweight exposure in financials.
11/03 16:30 EST - globenewswire.com
Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2024
NEW YORK, Nov. 03, 2023 (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, which have been reset for the calendar year 2024.
Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2024
NEW YORK, Nov. 03, 2023 (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, which have been reset for the calendar year 2024.
10/28 01:54 EST - seekingalpha.com
CRF: Negative 4.7 Z-Score And The Party For Time Travelers
Cornerstone funds have been smashed to near their NAVs. Z-scores look appealing, and you are always a stone's throw away from someone who has allegedly made a lot of money in this fund. We tell you why this is a party for time travelers.
CRF: Negative 4.7 Z-Score And The Party For Time Travelers
Cornerstone funds have been smashed to near their NAVs. Z-scores look appealing, and you are always a stone's throw away from someone who has allegedly made a lot of money in this fund. We tell you why this is a party for time travelers.
10/12 03:32 EST - seekingalpha.com
CRF: The Time To Sell Is Now
Cornerstone Total Return Fund has delivered total returns of 24% compared to the S&P's 15% in 2023. The U.S. economy showed resilience in the face of concerns over rising interest rates and inflation but shows signs of weakness ahead. CRF's long-term performance has consistently lagged behind the S&P 500, with higher volatility and an alarmingly high expense ratio.
CRF: The Time To Sell Is Now
Cornerstone Total Return Fund has delivered total returns of 24% compared to the S&P's 15% in 2023. The U.S. economy showed resilience in the face of concerns over rising interest rates and inflation but shows signs of weakness ahead. CRF's long-term performance has consistently lagged behind the S&P 500, with higher volatility and an alarmingly high expense ratio.
09/20 16:04 EST - seekingalpha.com
Readers Post 32 August Dividend Buy Candidates
Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PFE, PBR, O, T, BRSP, BTI, PRB.A, VOD, WBA, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured August TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: MMM, KHC, BRSP, T, O, PFE, BTI, VOD, WBA, & MITT boasting a 46.54% average target price upside estimate.
Readers Post 32 August Dividend Buy Candidates
Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PFE, PBR, O, T, BRSP, BTI, PRB.A, VOD, WBA, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured August TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: MMM, KHC, BRSP, T, O, PFE, BTI, VOD, WBA, & MITT boasting a 46.54% average target price upside estimate.
08/04 19:00 EST - globenewswire.com
Cornerstone Funds Announce Continuing Monthly Distributions for 2023 and Distribution Percentage for 2024
NEW YORK, Aug. 04, 2023 (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 for 2023 and Distribution Percentage for 2024
NEW YORK, Aug. 04, 2023 (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:
07/25 23:30 EST - seekingalpha.com
CRF: Better Stay With The SPY
The Cornerstone Total Return Fund has been underperforming the broad market, and its high dividends are not only entirely made from investment income but also include capital gains. There is a significant overlap between CRF and S&P 500, raising questions about potential closet indexing. In light of this, CRF investors may want to consider switching to the lower-cost SPY.
CRF: Better Stay With The SPY
The Cornerstone Total Return Fund has been underperforming the broad market, and its high dividends are not only entirely made from investment income but also include capital gains. There is a significant overlap between CRF and S&P 500, raising questions about potential closet indexing. In light of this, CRF investors may want to consider switching to the lower-cost SPY.
04/19 09:40 EST - seekingalpha.com
Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF
Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF
Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF
Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF
04/12 17:13 EST - headlinesoftoday.com
2023 Restaurant Resilience Grants Soon to be Available for Central and Southern California Independent Restaurants
SoCalGas’ $1 million donation to California Restaurant Foundation to support qualifying restaurants with $5,000 grants; applications open April 15 to May 7 LOS ANGELES, April 12, 2023 /PRNewswire/ — Southern California Gas Co. (SoCalGas) today announced that grant applications for the California Restaurant Foundation’s (CRF) Restaurants Care Resilience Fund will open April 15 to May 7, making $5,000 […] The post 2023 Restaurant Resilience Grants Soon to be Available for Central and Southern Cali...
2023 Restaurant Resilience Grants Soon to be Available for Central and Southern California Independent Restaurants
SoCalGas’ $1 million donation to California Restaurant Foundation to support qualifying restaurants with $5,000 grants; applications open April 15 to May 7 LOS ANGELES, April 12, 2023 /PRNewswire/ — Southern California Gas Co. (SoCalGas) today announced that grant applications for the California Restaurant Foundation’s (CRF) Restaurants Care Resilience Fund will open April 15 to May 7, making $5,000 […] The post 2023 Restaurant Resilience Grants Soon to be Available for Central and Southern Cali...
03/03 15:25 EST - seekingalpha.com
CRF: Why We Are Looking For At Least A 50% Price Drop In A Year
Cornerstone Total Return Fund has been a contentious fund to discuss. The fund has a huge following for its generous payouts.
CRF: Why We Are Looking For At Least A 50% Price Drop In A Year
Cornerstone Total Return Fund has been a contentious fund to discuss. The fund has a huge following for its generous payouts.
12/20 14:30 EST - seekingalpha.com
Equity CEFs: Got High NAV Yield? Time To Really Swap GGT For CLM Or CRF
Don't believe for one second that any fund that doesn't cut its distribution, particularly with an astronomical 23.5% NAV yield, deserves a high premium. Because despite having the worst NAV performance of any CEF this year, down -44.4%, the Gabelli Multimedia Fund (GGT), did NOT cut its distribution even though it was supposed to.
Equity CEFs: Got High NAV Yield? Time To Really Swap GGT For CLM Or CRF
Don't believe for one second that any fund that doesn't cut its distribution, particularly with an astronomical 23.5% NAV yield, deserves a high premium. Because despite having the worst NAV performance of any CEF this year, down -44.4%, the Gabelli Multimedia Fund (GGT), did NOT cut its distribution even though it was supposed to.
12/19 10:17 EST - seekingalpha.com
CRF: Buy, Reinvest, Oversubscribe, Reap The Rewards
CRF offers investors a discounted DRIP option that enables discounted pricing on reinvested shares. With a forward yield of more than 18% there is an opportunity to realize an excellent total return while the fund is trading at a lower than average premium.
CRF: Buy, Reinvest, Oversubscribe, Reap The Rewards
CRF offers investors a discounted DRIP option that enables discounted pricing on reinvested shares. With a forward yield of more than 18% there is an opportunity to realize an excellent total return while the fund is trading at a lower than average premium.