Cornerstone Total Return Fund, Inc. logo

Cornerstone Total Return Fund, Inc. (XCRFX)

Market Closed
2 Jun, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
6. 4000
0
0%
$
- Market Cap
- Div Yield
0 Volume
$ 6.4
Previous Close
Add Transaction
Day Range
6.4 6.4
Year Range
5.62 6.72
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Summary

XCRFX closed yesterday higher at $6.4, an increase of 0% from Monday's close, completing a monthly increase of 0% or $0. Over the past 12 months, XCRFX stock lost -1.99%.
XCRFX pays dividends to its shareholders, with the most recent payment made on Jun 28, 2019. The next estimated payment will be in 28 Jul 2019 on Jul 28, 2019 for a total of $0.1985.
Cornerstone Total Return Fund, Inc. has completed 1 stock splits, with the recent split occurring on Dec 29, 2014.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on NYSE (USD).

XCRFX Chart

CRF: A Soft Market Will Hurt Its Premium

CRF: A Soft Market Will Hurt Its Premium

The fund's portfolio closely mirrors the S&P 500, dominated by tech giants like Nvidia and Microsoft. Investors are currently paying a significant premium (roughly 19%) above the actual value of the underlying stocks. History shows that during market downturns or "risk-off" events, this premium disappears. CRF's high distribution rate (roughly 19%) significantly exceeds the actual long term compounding of the underlying equities.

Seekingalpha | 1 month ago
CRF Faces Rotational Risk While Trading At A Substantial Premium

CRF Faces Rotational Risk While Trading At A Substantial Premium

CRF Faces Rotational Risk While Trading At A Substantial Premium

Seekingalpha | 3 months ago
Cornerstone Total Return Fund Anchors My Income Compounder Portfolio

Cornerstone Total Return Fund Anchors My Income Compounder Portfolio

Cornerstone Total Return Fund is downgraded to Hold due to its current 23% premium and potential upcoming rights offering. CRF offers a high 17.6% yield via a managed distribution policy, with significant benefits for investors using the DRIP discount program. Holding CRF in tax-advantaged accounts allows investors to maximize DRIP gains and manage capital gains efficiently around rights offerings.

Seekingalpha | 6 months ago

Cornerstone Total Return Fund, Inc. (XCRFX) FAQ

What is the stock price today?

The current price is $6.4000.

On which exchange is it traded?

Cornerstone Total Return Fund, Inc. is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is XCRFX.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Cornerstone Total Return Fund, Inc. ever had a stock split?

Cornerstone Total Return Fund, Inc. had 1 splits and the recent split was on Dec 29, 2014.

Cornerstone Total Return Fund, Inc. Profile

NASDAQ (NMS) Exchange
US Country

Overview

Cornerstone Total Return Fund, Inc. is a distinguished closed-end investment management company focused on delivering high current income and capital appreciation to its shareholders. It distinguishes itself through a strategic investment in equity securities spanning a wide range of sectors, catering to investoRsseEeking diversified exposure in the equity market. Operating within the unique framework of a closed-end fund, it manages a fixed number of shares traded on a stock exchange, which enables investors to engage in buying and selling activities based on the prevailing market demand. The fund is renowned for its dynamic management approach, which emphasizes adapting to market conditions with the objective of achieving its income and growth goals. By employing leverage, the fund endeavors to enhance returns, targeting income-focused investors through the distribution of a significant portion of its income, thereby offering an attractive option for those desiring regular payouts from their investment ventures.

Products and Services

  • Equity Securities Investment

    The cornerstone of Cornerstone Total Return Fund's investment strategy is its commitment to equity securities. By channeling investments across a myriad of sectors, the fund provides investors with broad-based exposure to the equity markets. This strategic diversification across industries and sectors is pivotal in balancing risk and capitalizing on growth opportunities, thereby underpinning the fund's objective of capital appreciation and high current income.

  • Leverage Utilization

    In its pursuit of amplifying returns for its investors, Cornerstone Total Return Fund, Inc. leans towards leveraging its investments. This approach involves borrowing capital to increase the potential return on investment. While leveraging magnifies outcomes, both gains, and losses, it is a testament to the fund's proactive management strategy aimed at optimizing investor returns under varying market conditions.

  • Dynamic Management Approach

    A hallmark of the fund's operation is its dynamic management approach. This methodology is rooted in flexibility and responsiveness to market fluctuations, allowing the fund to navigate through different economic landscapes with the aim of meeting its investment objectives. The dynamic approach is instrumental in the fund's pursuit of capitalizing on prevailing market conditions to ensure growth and income for its shareholders.

  • Income Distribution

    Appealing particularly to income-focused investors, Cornerstone Total Return Fund, Inc. emphasizes the distribution of a significant portion of its income. The fund's distribution strategy is designed to provide regular payouts, making it an attractive investment option for those who prioritize current income alongside capital appreciation opportunities. This focus on income distribution underscores the fund's commitment to meeting the varied needs of its investors, reinforcing its role as a pivotal player in the investment management landscape.

Contact Information

Address: 1075 Hendersonville Road
Phone: 828-210-8184