Cornerstone Total Return Fund, Inc. [CRF] Stock Forecast

Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PFE, PBR, O, T, BRSP, BTI, PRB.A, VOD, WBA, and MITT, averaged 48.7% net gains from reader data collected 8/18/23. Ten analyst-target-augured August TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: MMM, KHC, BRSP, T, O, PFE, BTI, VOD, WBA, & MITT boasting a 46.54% average target price upside estimate.

The Cornerstone Total Return Fund has been underperforming the broad market, and its high dividends are not only entirely made from investment income but also include capital gains. There is a significant overlap between CRF and S&P 500, raising questions about potential closet indexing. In light of this, CRF investors may want to consider switching to the lower-cost SPY.

Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF

Cornerstone Total Return Fund has been a contentious fund to discuss. The fund has a huge following for its generous payouts.

Don't believe for one second that any fund that doesn't cut its distribution, particularly with an astronomical 23.5% NAV yield, deserves a high premium. Because despite having the worst NAV performance of any CEF this year, down -44.4%, the Gabelli Multimedia Fund (GGT), did NOT cut its distribution even though it was supposed to.

CRF offers investors a discounted DRIP option that enables discounted pricing on reinvested shares. With a forward yield of more than 18% there is an opportunity to realize an excellent total return while the fund is trading at a lower than average premium.

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

16 out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. Watch for overvalued CEFs as market volatility rises.

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

The 2023 distribution could be 30% lower than the current CRF dividend yield. The fund has an established 20-year trend of NAV destruction.

Cornerstone Total Return Fund, Inc. is a US stock , located in Asheville of Nc and trading under the symbol CRF

Cornerstone Total Return Fund, Inc. stock price is $7.86 today.

Yes, Cornerstone Total Return Fund, Inc. is a publicly traded company.