Stock FAQs

why is crf stock down

by Dr. Rashad Reinger Published 3 years ago Updated 2 years ago
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Who sells CRF stock?

Find the latest Cornerstone Total Return Fund, Inc. (CRF) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.

Will CRF CLM lose 20% of stock price?

May 10, 2022 · A high-level overview of Cornerstone Total Return Fund (CRF) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.

How can I get the latest news and ratings for CRF?

Apr 11, 2022 · CRF: Fund Returns According To Management seekingalpha.com - October 16 at 1:45 PM: CRF: The Best Way To Get Your Money Back seekingalpha.com - October 15 at 10:13 PM: Cornerstone Total Return Fund, Inc. (The) Common Stock (CRF) nasdaq.com - August 17 at 8:13 AM: Cornerstone Total Return Fund, Inc. (CRF) finance.yahoo.com - March 25 at 11:42 PM

What does CRF stand for?

Apr 24, 2022 · Cornerstone Total Return Fund pays an annual dividend of $1.92 per share and currently has a dividend yield of 18.75%. CRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. View …

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Is CRF stock a good buy?

Overall, at current prices, CRF is an interesting case study, but not a good investment. Much more than closed end funds, look for hidden value, especially in investment companies and macroeconomic or industry dislocations.Apr 9, 2021

Is CLM a good investment?

CLM isn't a good income investment because it overpays the distribution. Its stock picks are pretty good. And given its very high distribution policy, I am quite impressed at how close it comes to covering it. But in the end, it is just paying out too much.Sep 13, 2021

What are the holdings of CRF?

Top 10 Holdings
  • Apple Inc. 6.28%
  • Amazon.com Inc. 5.45%
  • Microsoft Corp. 5.12%
  • Alphabet Inc Class C. 4.35%
  • NVIDIA Corp. 2.96%
  • Berkshire Hathaway Inc Class B. 2.63%
  • UnitedHealth Group Inc. 2.25%
  • JPMorgan Chase & Co. 2.21%
May 6, 2022

Is CRF an ETF?

Cornerstone Total Return Fund is a diversified closed-end management investment company. The Fund's investment objective is to is to seek capital appreciation with current income as a secondary objective.
...
ETFCRF
Price10.21
Chg-0.15 (-1.45%)
Vol292.18K
Open10.40
10 more rows

What is the difference between CLM and CRF?

CLM has a higher annual dividend yield than CRF: CLM (-15.914) vs CRF (-18.489). CRF was incepted earlier than CLM: CRF (49 years) vs CLM (35 years). CRF (1.84) has a lower expense ratio than CLM (2.01). CRF has a higher turnover CLM (72.00) vs CLM (72.00).

What companies does CLM invest in?

Top 10 Holdings
  • Apple Inc. 6.44%
  • Amazon.com Inc. 5.98%
  • Microsoft Corp. 5.84%
  • Alphabet Inc Class C. 5.19%
  • Berkshire Hathaway Inc Class B. 2.66%
  • UnitedHealth Group Inc. 2.29%
  • JPMorgan Chase & Co. 2.19%
  • Tesla Inc. 2.15%

Is CRF a mutual fund?

All performance data is for the common shares of the fund.
...
Top 10 HoldingsAs of 12/31/2021.
AAPLApple Inc6.28%
ADXAdams Diversified Equity Fund1.68%
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What is CRF medicine?

Chronic renal failure (CRF) is the irreversible deterioration of renal function that gradually progresses to end stage renal disease (ESRD). The chief causes of CRF include obstructive uropathy, primary glomerular diseases, reflux nephropathy and hypoplastic or dysplastic kidneys.

What is a closed in fund?

A closed fund is a fund that is either closed to investors (temporarily or permanently) or has ceased to exist. Funds can close for various reasons, but primarily they close because the investment advisor has determined that the fund's asset base is getting too large to effectively execute its investing style.

What is the net asset value of CLM?

Overview
Share PriceNAV
Current$10.77$8.17
52 Wk Avg$13.02$9.94
52 Wk High$14.75$10.54
52 Wk Low$9.95$8.17

How often does Cornerstone Total Return Fund pay dividends? What is the dividend yield for Cornerstone Total Return Fund?

Cornerstone Total Return Fund declared a monthly dividend on Wednesday, February 16th. Shareholders of record on Wednesday, June 15th will be paid...

Is Cornerstone Total Return Fund a good dividend stock?

Cornerstone Total Return Fund pays an annual dividend of $1.90 per share and currently has a dividend yield of 13.98%. CRF has a dividend yield hig...

Who are Cornerstone Total Return Fund's key executives?

Cornerstone Total Return Fund's management team includes the following people: Ralph W. Bradshaw , Chairman & President Rachel L. McNabb , Chief...

Who are some of Cornerstone Total Return Fund's key competitors?

Some companies that are related to Cornerstone Total Return Fund include Barings Corporate Investors (MCI) , Barings Participation Investors (MPV...

What other stocks do shareholders of Cornerstone Total Return Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cornerstone Total Return Fund investors own include Corner...

What is Cornerstone Total Return Fund's stock symbol?

Cornerstone Total Return Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "CRF."

Who are Cornerstone Total Return Fund's major shareholders?

Cornerstone Total Return Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Advisor...

Which major investors are selling Cornerstone Total Return Fund stock?

CRF stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Cambridge Investment Researc...

Which major investors are buying Cornerstone Total Return Fund stock?

CRF stock was bought by a variety of institutional investors in the last quarter, including Commonwealth Equity Services LLC, LPL Financial LLC, Vi...

What does a symlink fund invest in?

It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations. The fund also invests through other closed-end investment companies and ETFs.

What is a cornerstone fund?

Cornerstone Total Return Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value and growth stocks of companies across all market capitalizations. The fund also invests through other closed-end investment companies and ETFs. It benchmarks the performance of its portfolio against the S&P 500 Index. Cornerstone Total Return Fund, Inc. was formed on March 16, 1973 and is domiciled in the United States.

Cornerstone Total Return Fund Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

Media Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

Cornerstone Total Return Fund (NYSEAMERICAN CRF) News Headlines Today

Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.

What stocks does MarketBeat like better than Cornerstone Total Return Fund?

Wall Street analysts have given Cornerstone Total Return Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cornerstone Total Return Fund wasn't one of them.

Are investors shorting Cornerstone Total Return Fund?

Cornerstone Total Return Fund saw a decline in short interest in August. As of August 13th, there was short interest totaling 38,700 shares, a decline of 46.8% from the July 29th total of 72,800 shares.

How often does Cornerstone Total Return Fund pay dividends? What is the dividend yield for Cornerstone Total Return Fund?

Cornerstone Total Return Fund declared a monthly dividend on Wednesday, August 11th. Investors of record on Wednesday, December 15th will be paid a dividend of $0.1537 per share on Friday, December 31st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 14.33%.

Is Cornerstone Total Return Fund a good dividend stock?

Cornerstone Total Return Fund pays an annual dividend of $1.95 per share and currently has a dividend yield of 15.12%. CRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.#N#View Cornerstone Total Return Fund's dividend history.

Who are some of Cornerstone Total Return Fund's key competitors?

Some companies that are related to Cornerstone Total Return Fund include WisdomTree Emerging Markets High Dividend Fund (DEM), PIMCO Corporate & Income Opportunity Fund (PTY), Royce Value Trust (RVT), Hercules Capital (HTGC), Goldman Sachs BDC (GSBD), Liberty All-Star Equity Fund (USA), Tri-Continental (TY), The Gabelli Equity Trust (GAB), iShares MSCI Australia ETF (EWA), Boulder Growth & Income Fund (BIF), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), Tekla Healthcare Investors (HQH), Central Securities (CET), General American Investors (GAM) and AllianceBernstein Global High Income Fund (AWF).#N#View all of CRF's competitors..

What other stocks do shareholders of Cornerstone Total Return Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cornerstone Total Return Fund investors own include Cornerstone Strategic Value Fund (CLM), Energy Transfer (ET), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), AT&T (T), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL), Ford Motor (F) and C3.ai (AI)..

What is Cornerstone Total Return Fund's stock symbol?

Cornerstone Total Return Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "CRF."

Signals & Forecast

The Cornerstone Total Return Fund, Inc fund holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

Support, Risk & Stop-loss

On the downside, the fund finds support just below today's level from accumulated volume at $12.10 and $11.55. There is natural risk involved when a fund is testing a support level, since if this is broken, the fund then may fall to the next support level.

Is Cornerstone Total Return Fund, Inc fund A Buy?

Cornerstone Total Return Fund, Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Summary

CRF holds a broad portfolio of US stocks and pays a 13.61% distribution.

Valuation

CRF has historically traded at a premium, and in the past year, this premium has become more extreme. CRF's current NAV premium is 37%, nearly 3 times as large as the five-year average of 14%.

Portfolio

Given CRF's large premium, you might expect it to have a unique investment strategy or portfolio. Yet CRF's portfolio largely consists of large-cap US equities. This chart summarizes CRF's industry allocation:

Performance

Perhaps consistent outsized performance justifies a large premium to NAV? CRF has a solid performance track record, but over the long term, it has not been a major outlier. This chart compares CRF's price and NAV performance over various time periods.

Impact of the Rights Offering

There is another twist to this story. CRF is currently conducting a rights offering. Investors will be able to buy one new share for every three shares they hold as of April 16. The purchase price will be the greater of 107% of NAV, or 80% of the market price. Based on the current market price the subscription price would be $10.78.

Conclusion

CRF has a decent track record, but it doesn't justify the current premium. Most of its portfolio holdings are large-cap equities that you can get exposure to through low-cost index funds like SPY. The rights offering will likely cause a sharp drop in stock price.

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