Cornerstone Total Return Fund, Inc. Declares Monthly Distribution, Payable on July 30, 2021, August 31, 2021 and September 30, 2021 Respectively
May 07, 2021 at 02:30 pm EDT
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Cornerstone Total Return Fund, Inc. declared monthly distribution of $0.1537 per share, payable on July 30, 2021, August 31, 2021 and September 30, 2021 respectively with record date as July 15, 2021, August 16, 2021 and September 15, 2021 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.