Cornerstone Total Return Fund, Inc.

Frequently Asked Questions About CRF

What does CRF invest in?

Cornerstone Total Return Fund, Inc., a closed-end equity mutual fund, operates under the management of Cornerstone Advisors, Inc. Its investment strategy focuses on the public equity markets within the United States, seeking to acquire shares in companies across a diverse array of sectors. The fund primarily allocates its capital to both value and growth-oriented stocks, irrespective of their market capitalization. Furthermore, it has the flexibility to invest via other closed-end investment companies and exchange-traded funds (ETFs). Established on March 16, 1973, and legally domiciled in the United States, its financial performance is benchmarked against the S&P 500 Index.

What is the expense ratio of CRF?

Cornerstone Total Return Fund, Inc. (CRF) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CRF?

Cornerstone Total Return Fund, Inc. (CRF) has a market value of $667.9M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CRF actively managed or an index fund?

CRF is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CRF's is 1.13%) in exchange for the discretion to over- or under-weight positions.

When was CRF launched?

Cornerstone Total Return Fund, Inc. (CRF) launched in November 1987 and is managed by the fund issuer.

How has CRF performed?

CRF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.