Companies

Cornerstone Total Return Fund

NYSE MKT: CRF
$6.40
▼ $0.04 (−0.54%) today
Markets closed · 5:06pm ET
Today · % change

About Cornerstone Total Return Fund

Cornerstone Total Return Fund, Inc. is a closed-ended equity mutual fund focusing on the U.S. public equity markets. It aims to diversify its investments across various sectors, targeting both value and growth stocks of companies of all sizes. Additionally, it invests in other closed-end funds and ETFs, using the S&P 500 Index as a benchmark for its performance. Established in 1973, the fund is managed by Cornerstone Advisors, LLC, and is based in the United States.

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ETF

CLM’s 19% Yield Masks a 67% Payout Cut Since 2015

Cornerstone's closed-end funds advertise a near-19% yield, but a decade of distribution history tells a story the marketing page buries. What looks like passive income may be doing something far more uncomfortable…

Ryne Mauck