Cornerstone Total Return Fund, Inc. Declares Monthly Distribution, Payable on July 31, 2020, July 31, 2020 and September 30, 2020 Respectively
May 08, 2020 at 04:30 pm EDT
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Cornerstone Total Return Fund, Inc. declared monthly distribution of $0.1796 per share, payable on July 31, 2020, July 31, 2020 and September 30, 2020 respectively with record date as July 15, 2020, August 14, 2020 and September 15, 2020 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.