NPORT-EX 2 CRF.htm CRF

  

 

CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)

 

  

Description  No. of Shares   Value 
EQUITY SECURITIES - 99.52%          
CLOSED-END FUNDS - 9.64%          
CORE - 0.77%          
General American Investors Company, Inc.   134,213   $5,222,228 
           
DEVELOPED MARKET - 0.16%          
Japan Smaller Capitalization Fund, Inc.   156,319    1,080,164 
           
DIVERSIFIED EQUITY - 1.73%          
Adams Diversified Equity Fund, Inc.   459,499    7,145,209 
Gabelli Dividend & Income Trust (The)   220,000    4,573,800 
         11,719,009 
EMERGING MARKETS - 0.15%          
Mexico Fund, Inc. (The)   2,000    34,040 
Morgan Stanley India Investment Fund, Inc.   49,317    959,709 
         993,749 
ENERGY MLP FUNDS - 0.79%          
ClearBridge MLP and Midstream Total Return Fund Inc.   48,054    1,388,761 
Goldman Sachs MLP and Energy Renaissance Fund   153,282    2,007,994 
Kayne Anderson NextGen Energy & Infrastructure, Inc.   254,186    1,952,148 
         5,348,903 
GLOBAL - 0.13%          
Gabelli Global Small and Mid Cap Value Trust (The)   3,997    46,542 
GDL Fund (The)   101,981    800,061 
         846,603 
INCOME & PREFERRED STOCK - 0.39%          
Calamos Long/Short Equity & Dynamic Income Trust   79,155    1,222,153 
LMP Capital and Income Fund Inc.   117,455    1,434,126 
         2,656,279 
NATURAL RESOURCES - 0.95%          
Adams Natural Resources Fund, Inc.   262,408    5,395,109 
First Trust Energy Income and Growth Fund   6,000    77,880 
NXG NextGen Infrastructure Income Fund   25,418    932,078 
         6,405,067 
OPTION ARBITRAGE/OPTIONS STRATEGIES - 0.21%          
Virtus Dividend, Interest & Premium Strategy Fund   121,951    1,434,144 

 

 

 

CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)(Continued)

 

  

Description  No. of Shares   Value 
SECTOR EQUITY - 4.09%          
BlackRock Health Sciences Trust II   83,277   $1,391,559 
BlackRock Innovation & Growth Trust   1,372,764    11,023,295 
Gabelli Healthcare & WellnessRx Trust (The)   119,288    1,203,616 
GAMCO Natural Resources, Gold & Income Trust   87,221    452,677 
Neuberger Berman Next Generation Connectivity Fund Inc.   520,953    5,423,121 
Nuveen Real Asset Income and Growth Fund   335,745    3,941,646 
Tekla Healthcare Investors   41,300    728,945 
Tekla Healthcare Opportunities Fund   62,761    1,177,396 
Tekla Life Sciences Investors   168,200    2,343,026 
         27,685,281 
UTILITY - 0.27%          
abrdn Global Infrastructure Income Fund   101,093    1,815,630 
           
TOTAL CLOSED-END FUNDS        65,207,057 
           
COMMUNICATION SERVICES - 8.72%          
Alphabet Inc. - Class C *   248,000    25,792,000 
Comcast Corporation - Class A   187,500    7,108,125 
Meta Platforms, Inc. - Class A *   43,000    9,113,420 
Netflix, Inc. *   16,000    5,527,680 
T-Mobile US, Inc. *   54,700    7,922,748 
Walt Disney Company (The) *   35,000    3,504,550 
         58,968,523 
CONSUMER DISCRETIONARY - 9.70%          
Amazon.com, Inc. *   264,000    27,268,560 
Booking Holdings Inc. *   1,500    3,978,615 
Chipotle Mexican Grill, Inc. *   1,000    1,708,290 
eBay Inc.   20,000    887,400 
General Motors Company   51,000    1,870,680 
Hilton Worldwide Holdings Inc.   10,000    1,408,700 
Home Depot, Inc. (The)   7,600    2,242,912 
Lowe's Companies, Inc.   26,000    5,199,220 
Marriott International, Inc. - Class A   10,000    1,660,400 
McDonald's Corporation   2,100    587,181 

 

 

 

CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)(Continued)

 

 

Description  No. of Shares   Value 
CONSUMER DISCRETIONARY - 9.70% (Continued)          
NIKE, Inc. - Class B   15,100   $1,851,864 
Ross Stores, Inc.   15,000    1,591,950 
Tesla, Inc. *   57,000    11,825,220 
TJX Companies, Inc. (The)   45,000    3,526,200 
         65,607,192 
CONSUMER STAPLES - 6.75%          
Coca-Cola Company (The)   150,600    9,341,718 
Costco Wholesale Corporation   20,200    10,036,774 
Dollar General Corporation   7,000    1,473,220 
Hershey Company (The)   6,000    1,526,460 
Mondelēz International, Inc. - Class A   30,000    2,091,600 
Monster Beverage Corporation *   32,000    1,728,320 
PepsiCo, Inc.   24,500    4,466,350 
Philip Morris International Inc.   77,800    7,566,050 
Walmart Inc.   50,400    7,431,480 
         45,661,972 
ENERGY - 2.91%          
Chevron Corporation   17,700    2,887,932 
ConocoPhillips   33,700    3,343,377 
Devon Energy Corporation   22,000    1,113,420 
EOG Resources, Inc.   2,900    332,427 
Exxon Mobil Corporation   32,000    3,509,120 
Kinder Morgan, Inc. - Class P   75,000    1,313,250 
Marathon Petroleum Corporation   13,800    1,860,654 
Occidental Petroleum Corporation   22,700    1,417,161 
Pioneer Natural Resources Company   8,500    1,736,040 
Schlumberger Limited   27,500    1,350,250 
Valero Energy Corporation   5,800    809,680 
         19,673,311 
EXCHANGE-TRADED FUNDS - 3.38%          
Energy Select Sector SPDR® Fund (The)   30,000    2,484,900 
Invesco QQQ TrustSM, Series 1   20,000    6,418,600 
iShares Core S&P 500 ETF   12,000    4,932,960 
Technology Select Sector SPDR® Fund (The)   60,000    9,060,600 
         22,897,060 

 

 

 

CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)(Continued)
 

 

Description  No. of Shares   Value 
FINANCIALS - 13.09%          
Aon plc - Class A   8,000   $2,522,320 
Arthur J. Gallagher & Co.   8,000    1,530,480 
Bank of America Corporation   250,000    7,150,000 
Bank of New York Mellon Corporation (The)   27,000    1,226,880 
Berkshire Hathaway Inc. - Class B *   55,000    16,982,350 
Charles Schwab Corporation (The)   60,000    3,142,800 
Fiserv, Inc. *   21,000    2,373,630 
Goldman Sachs Group, Inc. (The)   8,000    2,616,880 
JPMorgan Chase & Co.   107,000    13,943,170 
Mastercard Incorporated - Class A   28,000    10,175,480 
Moody's Corporation   6,000    1,836,120 
Morgan Stanley   50,100    4,398,780 
PayPal Holdings, Inc. *   35,000    2,657,900 
Progressive Corporation (The)   22,000    3,147,320 
S&P Global Inc.   13,000    4,482,010 
Visa, Inc. - Class A   46,000    10,371,160 
         88,557,280 
HEALTH CARE - 12.02%          
AbbVie Inc.   6,600    1,051,842 
Biogen Inc. *   6,000    1,668,180 
Boston Scientific Corporation *   42,000    2,101,260 
Bristol-Myers Squibb Company   119,500    8,282,545 
Centene Corporation *   18,000    1,137,780 
Cigna Group (The)   12,000    3,066,360 
Danaher Corporation   33,700    8,493,748 
DexCom, Inc. *   14,000    1,626,520 
Elevance Health, Inc.   9,000    4,138,290 
Eli Lilly and Company   12,400    4,258,408 
Gilead Sciences, Inc.   45,000    3,733,650 
HCA Healthcare, Inc.   9,000    2,373,120 
Humana Inc.   4,000    1,941,840 
IQVIA Holdings Inc. *   7,000    1,392,230 
Johnson & Johnson   24,100    3,735,500 
McKesson Corporation   5,000    1,780,250 
Merck & Co., Inc.   60,000    6,383,400 
Pfizer Inc.   39,800    1,623,840 

 

 

 

CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)(Continued)
 

 

Description  No. of Shares   Value 
HEALTH CARE - 12.02% (Continued)          
Thermo Fisher Scientific Inc.   7,400   $4,265,138 
UnitedHealth Group Incorporated   38,600    18,241,974 
         81,295,875 
INDUSTRIALS - 7.11%          
Boeing Company (The) *   22,000    4,673,460 
CSX Corporation   90,000    2,694,600 
Cummins Inc.   6,000    1,433,280 
Deere & Company   5,000    2,064,400 
Eaton Corporation plc   17,000    2,912,780 
General Dynamics Corporation   7,000    1,597,470 
Honeywell International Inc.   31,500    6,020,280 
Illinois Tool Works Inc.   10,000    2,434,500 
Lockheed Martin Corporation   10,000    4,727,300 
Norfolk Southern Corporation   11,000    2,332,000 
Raytheon Technologies Corporation   51,800    5,072,774 
TransDigm Group Incorporated   2,000    1,474,100 
Union Pacific Corporation   26,000    5,232,760 
United Parcel Service, Inc. - Class B   28,000    5,431,720 
         48,101,424 
INFORMATION TECHNOLOGY - 21.68%          
Adobe Inc. *   18,000    6,936,660 
Apple Inc.   277,000    45,677,300 
Applied Materials, Inc.   18,000    2,210,940 
Autodesk, Inc. *   8,000    1,665,280 
Broadcom Inc.   7,100    4,554,934 
Cisco Systems, Inc.   43,000    2,247,825 
Intuit Inc.   9,000    4,012,470 
Lam Research Corporation   5,000    2,650,600 
Microsoft Corporation   140,000    40,361,999 
NVIDIA Corporation   90,800    25,221,516 
Oracle Corporation   25,000    2,323,000 
Roper Technologies, Inc.   4,000    1,762,760 
Salesforce, Inc. *   35,000    6,992,300 
         146,617,584 
MATERIALS - 2.05%          
Air Products and Chemicals, Inc.   800    229,768 

 

 

 

CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)(Continued)

 

 

Description  No. of Shares   Value 
MATERIALS - 2.05% (Continued)          
Albemarle Corporation   4,000   $884,160 
Corteva, Inc.   36,300    2,189,253 
DuPont de Nemours, Inc.   20,000    1,435,400 
Freeport-McMoRan Inc.   57,500    2,352,325 
Linde plc   19,000    6,753,360 
         13,844,266 
REAL ESTATE - 1.16%          
AvalonBay Communities, Inc.   6,000    1,008,360 
CBRE Group, Inc. - Class A *   13,000    946,530 
Equinix, Inc.   3,000    2,163,120 
Prologis, Inc.   9,500    1,185,315 
Public Storage   5,000    1,510,700 
SBA Communications Corporation - Class A   4,000    1,044,280 
         7,858,305 
UTILITIES - 1.31%          
American Electric Power Company, Inc.   8,300    755,217 
American Water Works Company, Inc.   5,000    732,450 
Consolidated Edison, Inc.   14,000    1,339,380 
Constellation Energy Corporation   8,433    661,991 
Duke Energy Corporation   2,200    212,234 
Exelon Corporation   40,300    1,688,167 
NextEra Energy, Inc.   21,500    1,657,220 
Sempra Energy   12,000    1,813,920 
         8,860,579 
           
TOTAL EQUITY SECURITIES (cost - $597,915,979)        673,150,428 

 

 

 
CORNERSTONE TOTAL RETURN FUND, INC.
SCHEDULE OF INVESTMENTS - MARCH 31, 2023 (Unaudited)(Continued)

 

 

Description  No. of Shares   Value 
SHORT-TERM INVESTMENT          
MONEY MARKET FUND - 0.42%          
Fidelity Institutional Money Market Government Portfolio - Class I, 4.72% ^ (cost - $2,878,004)   2,878,004   $2,878,004 
           
TOTAL INVESTMENTS - 99.94% (cost - $600,793,983)        676,028,432 
           
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.06%        392,459 
           

NET ASSETS - 100.00%

       $676,420,891 

 

* Non-income producing security.
^ The rate shown is the 7-day effective yield as of March 31, 2023.
   
plc  Public Limited Company