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Cornerstone Total Return Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 11:41 am EDT
Cornerstone Total Return Fund, Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced net income was USD 68.534 million.
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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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.
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