CORNERSTONE TOTAL RETURN FUND INC (CRF)
Cornerstone Total Return Fund, Inc., a closed-end equity mutual fund, operates under the management of Cornerstone Advisors, Inc. Its investment strategy focuses on the public equity markets within the United States, seeking to acquire shares in companies across a diverse array of sectors. The fund primarily allocates its capital to both value and growth-oriented stocks, irrespective of their market capitalization. Furthermore, it has the flexibility to invest via other closed-end investment companies and exchange-traded funds (ETFs). Established on March 16, 1973, and legally domiciled in the United States, its financial performance is benchmarked against the S&P 500 Index.
Industry: Asset Management
Cornerstone Total Return Fund, Inc.
NYSE:CRFFinancial Services · Asset Management
+0.89%$5.64
AH Close$5.61-0.57%vs close
AH$5.61-0.57%vs close
Mkt Cap$960.29M
Float162.09M
O/S170.26M
Inst Own15.5%
SI9.4%
Div Yield24.99%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$96.41M
Net Income$162.4M
Total Assets$1.05B
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$1.05B
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:4Reverse splitDec 29, 20144 shares → 1
- 1:2Reverse splitDec 23, 20082 shares → 1
Balance Sheet Details
Assets$1.05B
Liabilities$1.2M
Accounts Receivable$673K
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Revenue | $96.41M | $70.14M | $175.61M | -$120.3M | $105.86M | $51.48M | $105.35M | -$33.14M | $44.81M | $10.42M | -$38K | $10.53M | $4.83M | $595K | $2.26M |
| YoY Growth | 37.5% | -60.1% | -246.0% | -213.6% | 105.7% | -51.1% | -417.9% | -174.0% | 330.1% | -27291.9% | -100.4% | 118.1% | 712.1% | -73.7% | - |
| Cost of Revenue | $9.73M | $8.14M | $7.33M | $6.71M | $5.72M | $4.11M | $4.48M | $3.92M | $2.34M | $1.33M | $1.07M | $0 | $0 | $0 | $0 |
| Gross Profit | $86.67M | $62M | $168.28M | -$127.01M | $100.15M | $47.37M | $100.88M | -$37.06M | $42.47M | $9.09M | -$1.1M | $10.53M | $4.83M | $595K | $2.26M |
| Gross Margin | 89.9% | 88.4% | 95.8% | 105.6% | 94.6% | 92.0% | 95.8% | 111.8% | 94.8% | 87.3% | 2880.2% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | -$5 | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $995K | $980K | $888K | $742K | $670K | $727K | $582K | $431K | $343K | $279K | $345K | $233K | $185K | $236K |
| Other | -$75.72M | $45K | $48K | $40K | $40K | $40K | -$34K | $48K | $41K | $41K | $43K | $31K | $30K | $28K | $17K |
| Total Operating Expenses | -$75.72M | $1.04M | $1.03M | $928K | $782K | $710K | $694K | $630K | $471K | $384K | $322K | $375K | $264K | $213K | $253K |
| Operating Income (EBIT) | $162.4M | $162.41M | $167.26M | -$121.23M | $105.08M | $50.77M | $104.66M | -$33.77M | $44.34M | $10.04M | -$361K | $10.16M | $4.57M | $382K | $2.01M |
| Operating Margin | 168.5% | 231.6% | 95.2% | 100.8% | 99.3% | 98.6% | 99.3% | 101.9% | 98.9% | 96.3% | 940.8% | 96.4% | 94.5% | 64.2% | 88.8% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $13.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $50.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $162.4M | $162.41M | $174.58M | -$121.23M | $105.08M | $50.77M | $104.66M | -$33.77M | $44.34M | $10.04M | -$361K | $10.16M | $4.57M | $382K | $2.01M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | -$23K | $0 | $0 | $0 | $0 | $0 |
| Net Income | $162.4M | $162.41M | $174.58M | -$121.23M | $105.08M | $50.77M | $104.66M | -$33.77M | $44.34M | $10.04M | -$361K | $10.16M | $4.57M | $382K | $2.01M |
| Net Income Margin | 168.5% | 231.6% | 99.4% | 100.8% | 99.3% | 98.6% | 99.3% | 101.9% | 98.9% | 96.3% | 940.8% | 96.4% | 94.5% | 64.2% | 88.8% |
| Supplementary Data | |||||||||||||||
| EPS | 1.02 | 1.45 | 1.67 | -1.98 | 1.73 | 1.18 | 2.54 | -0.76 | 2.27 | 0.85 | -0.04 | 1.94 | 1.51 | 0.19 | 1.73 |
| Diluted EPS | 1.02 | 1.45 | 1.67 | -1.98 | 1.73 | 1.18 | 2.54 | -0.76 | 2.27 | 0.85 | -0.04 | 1.94 | 1.51 | 0.19 | 1.73 |
| Weighted Average OS | 159.21M | 112.01M | 104.54M | 61.23M | 60.85M | 43.04M | 41.23M | 44.51M | 19.55M | 11.75M | 8.94M | 5.23M | 3.02M | 1.96M | 1.16M |
| EBITDA | $162.4M | $162.41M | $181.91M | -$121M | $105.32M | $50.97M | $104.83M | -$33.77M | $44.34M | $10.04M | -$361K | $10.16M | $4.57M | $382K | $2.01M |
| EBITDA Margin | 168.5% | 231.6% | 103.6% | 100.6% | 99.5% | 99.0% | 99.5% | 101.9% | 98.9% | 96.3% | 940.8% | 96.4% | 94.5% | 64.2% | 88.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $0 | $0 | -$7.16M | -$4.73M | -$4.97M | $4K | $132K | $4K | $72K | $266K | -$346K | $0 | $2K | $0 | $0 |
| Short-Term Investments | $13.67M | $0 | $7.16M | $4.73M | $4.97M | $0 | $0 | $0 | $0 | $0 | $346K | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $13.67M | $0 | $7.16M | $4.73M | $4.97M | $4K | $132K | $4K | $72K | $266K | $346K | $0 | $2K | $0 | $0 |
| Accounts Receivable | $673K | $469K | $1.15M | $1.08M | $1.46M | $1.06M | $1.05M | $3.45M | $1.25M | $345K | $911K | $176K | $391K | $34K | $30K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $5.2M | $6.58M | $6.33M | $4.46M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$496K | -$7.16M | -$4.73M | -$4.98M | $5.29M | -$1.18M | -$6.58M | -$6.33M | -$4.46M | -$1.26M | $0 | $0 | $0 | $0 |
| Total Current Assets | $14.35M | $28K | $1.15M | $1.08M | $1.46M | $1.06M | $1.18M | $3.45M | $1.32M | $611K | $911K | $176K | $393K | $34K | $30K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.04B | $779.27M | $712.74M | $639.25M | $624.6M | $391.66M | $416.12M | $388.47M | $296.07M | $171.97M | $115.36M | $83.86M | $56.06M | $38.9M | $26.47M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $21K | -$779.27M | $713.89M | $640.33M | $626.07M | $0 | $0 | -$388.47M | -$296.07M | -$171.97M | -$115.36M | -$83.86M | -$56.06M | -$38.9M | -$26.47M |
| Total Long-Term Assets | $1.04B | $779.73M | $712.74M | $639.25M | $624.6M | $391.66M | $416.12M | $388.47M | $296.07M | $171.97M | $115.36M | $83.86M | $56.06M | $38.9M | $26.47M |
| Other Assets | $0 | $779.76M | $27K | $6K | $16K | $392.74M | $8K | $13K | $2K | $2K | $3K | $18K | $0 | $962 | $1K |
| Total Assets | $1.05B | $779.76M | $713.92M | $640.34M | $626.08M | $392.74M | $417.31M | $391.94M | $297.39M | $172.58M | $116.27M | $84.05M | $56.46M | $38.93M | $26.5M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $0 | $0 | $347K | $670K | $138K | $868K | $1.23M | $2.22M | $3.22M | $1.97M | $729K | $165K | $4.71M | $2.85M | $513K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$1.05M | -$774K | -$687K | -$662K | $0 | -$392K | -$427K | -$2.63M | -$3.51M | -$2.15M | -$860K | -$107K | -$4.76M | -$2.85M | -$513K |
| Total Current Liabilities | $0 | $0 | $347K | $670K | $138K | $868K | $1.23M | $2.22M | $3.22M | $1.97M | $729K | $165K | $4.71M | $2.85M | $513K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.2M | $0 | $819K | $760K | $729K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.2M | $142K | $819K | $760K | $729K | $1.37M | $1.75M | $2.22M | $3.22M | $1.97M | $729K | $165K | $4.71M | $2.85M | $513K |
| Other Liabilities | $0 | $917K | -$1.17M | $90K | -$868K | -$1.37M | -$1.75M | -$1.72M | -$2.84M | -$1.69M | -$518K | $43K | -$4.53M | -$2.77M | -$436K |
| Total Liabilities | $1.2M | $917K | $1.17M | $1.43M | $138K | $868K | $1.23M | $2.71M | $3.6M | $2.25M | $940K | $372K | $4.88M | $2.93M | $589K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.61M | $1.16M | $1.1M | $1.02M | $633K | $409K | $397K | $384K | $223K | $131K | $77K | $45K | $10K | $7K | $4K |
| Retained Earnings | $296.96M | $220.39M | $118.66M | $873K | $142.19M | $97.99M | $71.93M | -$12.09M | $0 | -$1K | -$40K | -$19K | -$1.9M | -$3.64M | -$4M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$12.09M | $33.96M | $13.09M | $13.67M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $750.83M | $557.29M | $592.99M | $637.01M | $482.39M | $292.97M | $343.23M | $400.94M | $293.57M | $170.21M | $115.29M | $83.65M | $53.47M | $39.63M | $29.91M |
| Total Equity | $1.05B | $778.85M | $712.75M | $638.91M | $625.22M | $391.37M | $415.56M | $389.23M | $293.79M | $170.34M | $115.33M | $83.68M | $51.57M | $36M | $25.91M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.05B | $779.76M | $713.92M | $640.34M | $625.35M | $392.24M | $416.79M | $391.94M | $297.39M | $172.58M | $116.27M | $84.05M | $56.46M | $38.93M | $26.5M |
| Supplementary Data | |||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $0 | $0 | $7.16M | $4.73M | $4.97M | -$4K | -$132K | -$4K | -$72K | -$266K | $346K | $0 | -$2K | $0 | $0 |
Cash Flow Statement
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | ||||||||
| Net Income | -$121.23M | $105.08M | $50.77M | $104.66M | -$33.77M | $44.34M | $10.04M | -$361K |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $121.23M | -$105.08M | -$50.77M | -$104.66M | $33.77M | -$44.34M | -$10.04M | $361K |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||
| Debt Repaid | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | -$128K | $128K | -$68K | -$194K | $0 | $0 |
| Supplementary Data | ||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $4K | $132K | $4K | $72K | $266K | $0 | $0 |
| Cash at End | $0 | $4K | $4K | $132K | $4K | $72K | $0 | $0 |