Cornerstone Total Return Fund, Inc.
Cornerstone Total Return Fund, Inc. (NYSE American: CRF) is a diversified closed-end investment fund incorporated in 1973 that seeks capital appreciation and current income through value and growth equity strategies, serving individual and institutional investors on the NYSE American exchange.
- Company typePublic
- Founded1973
- HeadquartersCincinnati, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Cornerstone Total Return Fund, Inc. does
Cornerstone Total Return Fund, Inc. (NYSE American: CRF) is a diversified, closed-end management investment company incorporated in New York on March 16, 1973 and headquartered in Cincinnati, Ohio. The fund seeks capital appreciation as its primary investment objective, with current income as a secondary objective, and employs a balanced approach that combines value and growth investing in S&P 500-linked equities without restriction on sector or industry. The fund may also invest without limitation in other closed-end investment companies and ETFs, subject to a 3% voting-stock cap in any single underlying investment company, allowing for layered fund-of-fund exposure within the portfolio.
CRF operates as a single closed-end fund product, with shares listed and traded on the NYSE American exchange under the ticker "CRF." Investment management is provided by Cornerstone Advisors, LLC, which also manages a sister fund, Cornerstone Strategic Investment Fund, Inc. (CLM). The fund executes a Board-approved managed distribution policy that pays monthly distributions of $0.1176 per share, targeting an annualized distribution rate of approximately 21% of net asset value — which may include a return-of-capital component. The fund maintains approximately $1 billion in assets under management.
The revenue mechanics for CRF are atypical of operating companies: as a closed-end fund, CRF does not generate revenue in the conventional sense. Its primary cash outflows are monthly distributions to stockholders and its inflow is investment performance within the portfolio. The relevant commercial scale metric is AUM (~ $1B) and its distribution yield (~19.7–20% annualized). Investor access is exclusively through the NYSE American secondary market, where the fund has historically traded at a premium to NAV — an unusual positioning relative to most closed-end funds, which typically trade at discounts.
Cornerstone Total Return Fund, Inc. firmographics
Firmographics- Name
- Cornerstone Total Return Fund, Inc.
- Legal name
- Cornerstone Total Return Fund, Inc.
- Website
- https://cornerstonetotalreturnfund.com
- Company type
- Public
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cornerstone Total Return Fund, Inc. (NYSE American: CRF) is a diversified closed-end investment fund incorporated in 1973 that seeks capital appreciation and current income through value and growth equity strategies, serving individual and institutional investors on the NYSE American exchange.
- Ownership category
- akta.pro rank
Where Cornerstone Total Return Fund, Inc. is headquartered
LocationHeadquarters
- HQ city
- Cincinnati
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cornerstone Total Return Fund, Inc. business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Others
Distribution channels1 record
Cornerstone Total Return Fund, Inc. product offering
Product offeringCore offering
Cornerstone Total Return Fund, Inc. (CRF) is a diversified, closed-end management investment company that invests primarily in S&P 500-linked equities using a balanced approach combining value and growth investing without regard to sector or industry. The fund's primary investment objective is capital appreciation, with current income as a secondary objective, delivered through a Board-approved managed distribution policy paying monthly distributions to stockholders.
Product overview
Cornerstone Total Return Fund, Inc. (CRF) is a single closed-end investment fund. The fund was incorporated in New York on March 16, 1973 and commenced investment operations on May 15, 1973. It trades on NYSE American under ticker symbol CRF. The fund's investment objective is capital appreciation with current income as a secondary objective. The fund uses a balanced approach including value and growth investing, seeking companies at reasonable prices without regard to sector or industry that demonstrate favorable long-term growth characteristics. The fund may invest without limitation in other closed-end investment companies and ETFs.
Differentiator
Problem solved
Functional benefit
Products and services
- Cornerstone Total Return Fund, Inc. (CRF) A diversified, closed-end management investment company traded on NYSE American under ticker symbol CRF, with an investment objective of capital appreciation and a secondary objective of current income. The fund uses a balanced approach combining value and growth investing strategies, seeking companies at reasonable prices that demonstrate favorable long-term growth characteristics without regard to sector or industry. The fund may invest without limitation in other closed-end investment companies and ETFs. Monthly distributions are paid under a Board-approved managed distribution policy at $0.1176 per share, representing an annualized distribution rate of approximately 21% of NAV.
Quantifiable outcome
- Monthly distribution of $0.1176 per share (approximately 19.7-20% annualized yield)
Companies that use Cornerstone Total Return Fund, Inc.
Customer profileSegments1 record
Ideal customer profiles2 records
Cornerstone Total Return Fund, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cornerstone Total Return Fund, Inc. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Cornerstone Strategic Investment Fund, Inc. (CLM)coreCornerstone Strategic Investment Fund, Inc. (ticker CLM) is a related closed-end management investment company also managed by Cornerstone Advisors, LLC. Both funds operate under similar monthly distribution policies and file joint SEC reports. They are sister funds within the Cornerstone funds family.
Scale indicators4 records
Recent moves3 records
Expansion highlights2 records
Cornerstone Total Return Fund, Inc. competitors and assessment
Company assessmentDirect peers
- Cornerstone Strategic Investment Fund (CLM): Sister closed-end management investment company managed by the same Cornerstone Advisors, LLC. Operates an essentially identical monthly distribution policy and files joint SEC reports; effectively the most directly comparable peer.
- Liberty All-Star Equity Fund (USA): Diversified US equity closed-end fund with a multi-manager structure; comparable diversified-equity mandate and public fund structure to CRF.
- Tri-Continental Corporation (TY): One of the oldest diversified US equity closed-end funds, focused on long-term growth and income. Highly comparable to CRF in vehicle type, mandate, and long operating history.
- Adams Diversified Equity Fund (ADX): Diversified, US equity-focused closed-end fund that pursues long-term capital appreciation with distributions, structurally and strategically analogous to CRF.
- General American Investors (GAM): Closed-end investment company emphasizing capital appreciation and income from a diversified equity portfolio, closely matching CRF's mandate and structure.
- Source Capital (SOR): Closed-end, diversified equity fund with a balanced value-and-growth approach and a multi-decade operating history, directly comparable to CRF's stated investment approach.
- Gabelli Dividend & Income Trust (GDV): Closed-end fund focused on dividend-paying equities with regular distributions, run by GAMCO. Comparable mandate and shareholder yield orientation to CRF.
- Boulder Growth & Income Fund (BIF): Closed-end fund that invests primarily in US equities with an emphasis on long-term capital appreciation and current income, structurally and strategically analogous to CRF.
Broad incumbents
- Royce Micro-Cap Trust (RMT): Long-running equity closed-end fund from Royce & Associates with a more small-cap-focused mandate; comparable as a peer in the diversified equity closed-end category though narrower in size orientation.
- GAMCO Investors (GBL): Public asset manager that sponsors a broad family of closed-end and open-end funds, including Gabelli Dividend & Income Trust. Comparable as the manager-side peer to Cornerstone Advisors, LLC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key highlights6 records
Customer concentration
Cornerstone Total Return Fund, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cornerstone Total Return Fund, Inc. leadership team
Management profileNumber of profiles
Cornerstone Total Return Fund, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cornerstone Total Return Fund, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cornerstone Total Return Fund, Inc.
What does Cornerstone Total Return Fund, Inc. do?
Cornerstone Total Return Fund, Inc. (CRF) is a diversified, closed-end management investment company that invests primarily in S&P 500-linked equities using a balanced approach combining value and growth investing without regard to sector or industry. The fund's primary investment objective is capital appreciation, with current income as a secondary objective, delivered through a Board-approved managed distribution policy paying monthly distributions to stockholders.
Is Cornerstone Total Return Fund, Inc. a public or private company?
Cornerstone Total Return Fund, Inc. is a public company. It is classified as public and is currently operating.
When was Cornerstone Total Return Fund, Inc. founded?
Cornerstone Total Return Fund, Inc. was founded in 1973. It employs 101 to 250 people.
Where is Cornerstone Total Return Fund, Inc. based?
Cornerstone Total Return Fund, Inc. is headquartered in Cincinnati, United States, in the North America region.
Who are Cornerstone Total Return Fund, Inc.'s main competitors?
Direct peers on record are Cornerstone Strategic Investment Fund (CLM), Liberty All-Star Equity Fund (USA), Tri-Continental Corporation (TY), Adams Diversified Equity Fund (ADX), General American Investors (GAM), Source Capital (SOR), Gabelli Dividend & Income Trust (GDV) and Boulder Growth & Income Fund (BIF). Broad incumbents are Royce Micro-Cap Trust (RMT) and GAMCO Investors (GBL).
Does Cornerstone Total Return Fund, Inc. have an API?
No public API is recorded for Cornerstone Total Return Fund, Inc..