CRF · CIK 0000033934 · other
Cornerstone Total Return Fund, Inc. is a closed-end equity mutual fund incorporated in New York and headquartered in Asheville, North Carolina. Launched in March 1973, the fund invests primarily in U.S. public equities across diversified sectors, with a focus on value and growth stocks spanning all market capitalizations. The fund is managed by Cornerstone Advisors, LLC and uses the S&P 500 Index as its performance benchmark.
The fund's investment strategy emphasizes direct equity holdings supplemented by positions in other closed-end investment companies and exchange-traded funds. This dual approach provides exposure to a broad range of equity market segments while allowing flexibility in portfolio construction. The fund generates revenue through management fees charged to shareholders, with returns distributed through dividends and capital gains to investors.
As a closed-end fund structure, Cornerstone Total Return Fund operates with a fixed pool of capital rather than the variable structure of open-end mutual funds. The fund is publicly traded on the New York Stock Exchange, providing liquidity through secondary market trading. With a market capitalization of approximately $1.1 billion, the fund manages a substantial asset base serving individual and institutional investors seeking diversified U.S. equity exposure.
No 10-K filings found.