Cornerstone Total Return Fund, Inc. Declares Monthly Distribution, Payable on January 31, 2023, February 28, 2023 and March 31, 2023
November 04, 2022 at 04:30 pm EDT
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Cornerstone Total Return Fund, Inc. declared monthly distribution of $0.1173 per share, payable on January 31, 2023, February 28, 2023 and March 31, 2023 respectively with record date as January 17, 2023, February 15, 2023 and March 15, 2023 respectively.
Cornerstone Total Return Fund, Inc. (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is to seek capital appreciation with current income as a secondary objective. The Fund may invest without limitation in other closed-end investment companies, provided that the Fund limits its investment in securities issued by other investment companies so no more than 3% of the outstanding voting stock of any one investment company will be owned by the Fund. The Fund invests in various sectors, such as information technology, healthcare, consumer discretionary, communication services, financials, closed-end funds, industrials, consumer staples, exchange-traded funds (ETFs), materials, real estate, and utilities. Cornerstone Advisors, LLC serves as an investment manager for the Fund.