Cornerstone Total Return Fund Inc

Cornerstone Total Return Fund, Inc. operates as a closed-end investment fund, which engages in seeking capital appreciation with current income. The company was founded on March 16, 1973 and is headquartered in Cincinnati, OH.

Cornerstone Total Return Fund, Inc. is an open-end, diverse management organization. Its primary goal is to pursue capital growth, with current income as a secondary goal. The corporation makes investments in a variety of industries, including real estate, utilities, industrials, health care, financial services, telecommunication networks, and information systems.

Cornerstone Strategic Value Fund Inc

Gabelli Multimedia Trust

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

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

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

Blackrock Health Sciences Trust

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

First Trust / Aberdeen Emerging Opportunity Fund

Eagle Capital Growth Fund Inc

Gabelli Utility Trust

John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund

New American High Income Fund

BlackRock Corporate High Yield Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

John Hancock Investors Trust

Macquarie Global Infrastructure Total Return Fund Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Tortoise Energy Independence Fund, Inc.

Nuveen Missouri Quality Municipal Income Fund

Tortoise MLP Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Oxford Lane Capital

PCM Fund

Pimco California Municipal Income Fund

Pimco Municipal Income Fund II

Pimco California Municipal Income Fund III

RiverNorth Opportunities Fund, Inc.

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

NEW YORK, Nov. 04, 2022 (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 2023.

Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2023

BlackRock Taxable Municipal Bond Trust

Central and Eastern Europe Fund

Doubleline Opportunistic Credit Fund

Stone Harbor Emerging Markets Total Income Fund

European Equity Fund

Eagle Point Income Company Inc

Eaton Vance Short Duration Diversified Income Fund

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Gabelli Convertible and Income Securities Fund

Gabelli Global Utility & Income Trust

John Hancock Hedged Equity & Income Fund

New Ireland Fund Inc

Madison Fund

Putnam Municipal Opportunities Trust

Cohen And Steers Total Return Realty Fund

Franklin Templeton Emerging Markets Income Fund

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

Weekly Closed-End Fund Roundup: Tortoise Tender Offers Expiring (October 23, 2022)

John Hancock Financial Opportunities Fund

SPDR Dow Jones Industrial Average ETF

Wells Fargo Utilities and High Income Fund

John Hancock Tax-Advantaged Global Shareholder Yield Fund

Voya Global Advantage and Premium Opportunity Fund

SPDR S&P 500 ETF Trust

abrdn Life Sciences Investors 

During a week in which Microsoft, Alphabet, Meta Platforms and Amazon dropped an average -12.1% after their earnings, one would think the Nasdaq-100 would be close to its YTD low. But instead, the Nasdaq-100 soared +3.1% on Friday as investors disregarded those disappointing tech company earnings earlier in the week and instead focused on Apple's earnings.

Equity CEF Performances: Updated Through Oct. 28, 2022

Virtus Stone Harbor Emerging Markets Income Fund 

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Gabelli Equity Trust

Nuveen Arizona Quality Municipal Income Fund

Nuveen Municipal Credit Opportunities Fund

Putnam High Income Securities Fund

Columbia Seligman Premium Technology Growth Func Inc

Delaware Investments

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

The 2023 distribution could be 30% lower than the current CRF dividend yield. The fund has an established 20-year trend of NAV destruction.

Cornerstone Total Return Fund: Save Yourself A Headache

In this article, I will go over the difference between CLM and CRF as well as their basic characteristics. In my opinion, despite their dividend yields of 24%+, both funds are only suitable for speculation and not for investment.

CLM And CRF: Still Too Expensive To Buy Now

NEW YORK, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (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 2022 and Distribution Percentage for 2023

CLM and CRF's rights offerings were oversubscribed. The rights offerings were a success for managers and oversubscribers alike.

CLM And CRF Rights Offerings: A Success For Managers And Oversubscribers Alike

BlackRock Capital Allocation Trust

BlackRock Science and Technology Trust II

Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

Micron Technology

Nuveen AMT-Free Municipal Credit Income Fund

Nuveen Municipal Credit Income Fund

VanEck Vectors Semiconductor ETF

The worst half to a year in a half-century is over, with the S&P 500 down -20.0% through June 30. What's in store for the second half? Well, that depends on whose advice you trust, and frankly, there's something for everyone, from bullish recoveries to end-of-the-world type scenarios.

Equity CEF Performance: Updated Through July 1, 2022

Herzfeld Caribbean Basin Fund Inc

New Germany Fund

Korea Fund

Dorian LPG

OFS Credit Company Inc

Star Bulk Carriers

One straightforward way to beat inflation is with a dividend greater than inflation. Each of these stocks to buy offers exactly that.

7 Stocks to Buy Now to Beat Inflation

NEW YORK, June 13, 2022 (GLOBE NEWSWIRE) -- Cornerstone Total Return Fund, Inc. (the “Fund”) (NYSE American: CRF) (CUSIP: 21924U300) is pleased to announce the completion of its one-for-three rights offering which expired on Friday, June 10, 2022 (the “Offering”). The Offering was over-subscribed. Under the terms of the Offering, record date stockholders were entitled to purchase one newly issued share of common stock of the Fund for every three rights held. The subscription price for each newly issued share was determined to be $7.95 which, under the terms of the prospectus, was equal to the greater of (i) 112% of net asset value per share as calculated at the close of trading on the date of expiration of the Offering and (ii) 65% of the market price per share at such time.

Cornerstone Total Return Fund, Inc. Announces Completion Of Rights Offering

CRF offers a high yield monthly distribution and has exceeded the total return of the S&P 500 index over the past 1, 5, and 10-year periods. Investors can take advantage of the rights offering to buy shares at a reduced price.

CRF: Why, When, And How To Invest In This High Yield Total Return CEF

NEW YORK, May 23, 2022 (GLOBE NEWSWIRE) -- Cornerstone Total Return Fund, Inc. (the “Fund”) (NYSE American: CRF) (CUSIP: 21924U300) announced today that the subscription period for its previously suspended rights offering for shares of the Fund's common stock (the "Rights Offering") will resume on Monday, May 23, 2022 and the expiration date will be extended so that the Subscription Period will expire at 5:00 p.m., New York time, on Friday, June 10, 2022, unless further extended by the Fund (the “Expiration Date”). The original record date will continue to be April 18, 2022.

Cornerstone Total Return Fund, Inc. Announces the Resumption of Its Rights Offering and Change in June 2022 Distribution Record Date

NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) -- Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300) (the “Fund”) announced today that the rights offering of shares of the Fund's common stock (the " Offering") will be suspended until further notice.

Cornerstone Total Return Fund, Inc. Announces the Suspension of its Rights Offering

NEW YORK, April 08, 2022 (GLOBE NEWSWIRE) -- Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (the “Fund”) announced today that, contingent upon final approval from the U.S. Securities and Exchange Commission, it has fixed the close of business on April 18, 2022 as the record date (the “Record Date”) for determination of stockholders entitled to participate in the Fund's 1-for-3 rights offering.  The Fund is issuing to its stockholders non-transferable rights entitling the holders to subscribe for an aggregate of 21,352,201 shares of common stock. Each stockholder will receive one non-transferable right for each share of the Fund held as of the Record Date. Fractional Shares will not be issued upon the exercise of the Rights. Accordingly, the number of Rights to be issued to a Stockholder on the Record Date will be rounded up to the nearest whole number of Rights evenly divisible by three. For every three rights a stockholder receives, he or she will be entitled (but not required) to purchase one new share of the Fund at a subscription price equal to the greater of (i) 112% of net asset value per share as calculated at the close of trading on the expiration date of the offering or (ii) 65% of the market price per share at such time.  Fractional shares will not be issued.  In addition to the shares offered in the primary subscription, the Fund may offer a 50% over-allotment to oversubscribing stockholders.  Stockholders who fully subscribe in the primary offering will have the option to oversubscribe for additional shares, to the extent available.

Cornerstone Total Return Fund, Inc. Announces Rights Offering

Liberty All-Star Growth Fund

Bancroft Fund Ltd

BlackRock Virginia Municipal Bond Trust

Boulder Growth & Income Fund

Blackrock Long-Term Municipal Advantage Trust

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Eaton Vance California Municipal Income Trust

MFS Intermediate High Income Fund

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

BNY Mellon High Yield Strategies Fund 

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance

Eaton Vance California Municipal Bond Fund

Franklin Limited Duration Income Trust

Templeton Global Income Fund

abrdn Healthcare Investors 

4 out of 24 CEF sectors positive on price and 2 out of 24 sectors positive on NAV last week. Date for PIMCO merger of PCI and PKO into PDI announced.

Weekly Closed-End Fund Roundup: November 28, 2021

BlackRock 2022 Global Income Opportunity Trust

BlackRock Utilities Infrastructure & Power Opportunities Trust

Central Securities

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

Angel Oak Financial Strategies Income Term Trust

General American Investors

GGM Macro Alignment ETF

Gabelli Go Awhr Registered Shs

Guggenheim Strategic Opportunities Fund

Guggenheim Enhanced Equity Income Fund

Highland Income Fund

Western Asset Investment Grade Defined Opportunity Trust

Nuveen Diversified Dividend And Income Fund

Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Dividend Growth Fund

Barings Corporate Investors

Barings Participation Investors

Mexico Equity & Income Fund Inc

Nuveen Municipal Value Fund Inc

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.

Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

Clearly, Cornerstone and the Cornerstone funds have tapped into a bonanza that has less to do with exceptional portfolio management and more to do with investor weakness for income. Cornerstone has figured out that investors cannot say no to funds that offer 21% yields, no matter how improbable their funds could actually cover those yields.

Equity CEFs (CLM And CRF): Heck, Just Put Cornerstone In Charge Of All CEFs

NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (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 2022.

Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2022

Has a yield of 14.4%. This is very attractive if the distribution can be supported. I continue my series digging into CEFs beyond the yield with a look at CRF.

Evaluating CEFs: Don't Be Fooled When CRF Increases The Distribution For Next Year

Chevron

Enterprise Products Partners

Kraft Heinz

KNOT Offshore Partners

Lockheed Martin

LTC Properties

Altria

M&T Bank

People's United Financial

Global X NASDAQ 100 Covered Call ETF

Global X Russell 2000 Covered Call ETF

AT&T

United Bankshares

Exxon Mobil

July 27-August 30, 2021 readers mentioned 40 equities in their comments. Some lamented bad-news, some bad-news investments (rogues) mixed with (mostly) favorites. (Hence, these are the ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues, LTC, MTB, LMT, T, XOM, UBSI, KHC, PBCT, CVX, & EPD averaged 26.43% net gains from data collected 8/30/21.

40 Reader Favorites And Rogues 7/23-8/30/21 Reveal 18 Ideal Dividend Dogs, Ready To Run

Center Coast Brookfield MLP & Energy Infrastructure Fund

NexPoint Strategic Opportunities Fund

Neuberger Berman MLP Income Fund, Inc.

NexPoint Real Estate Finance

PIMCO Dynamic Income Opportunities Fund

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

Pimco Income Opportunity Fund

Salient Midstream & MLP Fund

Cushing MLP & Infrastructure Total Return Fund

Funds at the largest discounts don't necessarily make great investments, with several of the deepest discounted funds worth avoiding.

Discounts And Premiums Not All Created Equal

News for Cornerstone Total Return Fund Inc ETF (CRF)