CRF Cornerstone Total Return Fund New

 

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)

 

Description		No. of Shares				Value
EQUITY SECURITIES - 99.42%
CLOSED-END FUNDS - 10.00%
CONVERTIBLE SECURITY FUNDS - 0.05%
Bancroft Fund Ltd.			12,980			$	217,675
Calamos Convertible Opportunities and Income Fund			12,300				143,172
Gabelli Convertible & Income Securities Fund, Inc.			2,197				8,063
							368,910
DIVERSIFIED EQUITY - 1.77%
Eaton Vance Tax-Advantaged Dividend Income Fund			122,755				3,030,821
General American Investors Company, Inc.			95,374				5,113,000
Liberty All-Star® Equity Fund			123,010				873,371
Liberty All-Star® Growth Fund, Inc.			704,762				3,953,715
Tri-Continental Corporation			29,262				966,816
							13,937,723
GLOBAL - 1.87%
abrdn Global Dynamic Dividend Fund			29,902				317,559
Eaton Vance Tax-Advantaged Global Dividend Income Fund			537,711				10,453,103
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund			120,923				3,209,296
GDL Fund (The)			84,674				690,093
							14,670,051
INCOME & PREFERRED STOCK - 1.08%
Calamos Long/Short Equity & Dynamic Income Trust			33,275				522,085
Calamos Strategic Total Return Fund			458,067				7,947,462
							8,469,547
LOAN PARTICIPATION - 0.06%
BlackRock Floating Rate Income Strategies Fund, Inc.			10,600				139,920
Invesco Senior Income Trust			44,200				179,894
Nuveen Credit Strategies Income Fund			26,400				152,856
							472,670
OPTION ARBITRAGE/OPTIONS STRATEGIES - 4.44%
BlackRock Enhanced Capital & Income Fund, Inc.			198,800				3,914,372
BlackRock Enhanced Equity Dividend Trust			101,742				880,068
BlackRock Enhanced International Dividend Trust			32,897				190,803
Eaton Vance Enhanced Equity Income Fund			24,967				505,082
Eaton Vance Enhanced Equity Income Fund II			48,993				1,063,148

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
OPTION ARBITRAGE/OPTIONS STRATEGIES - 4.44% (Continued)
Eaton Vance Risk-Managed Diversified Equity Income Fund			305,389			$	2,812,633
Eaton Vance Tax-Managed Buy-Write Opportunities Fund			225,151				3,107,084
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund			3,178				27,585
Eaton Vance Tax-Managed Global Diversified Equity Income Fund			71,032				619,399
Nuveen Dow 30SM Dynamic Overwrite Fund			355,959				5,285,991
Nuveen Nasdaq 100 Dynamic Overwrite Fund			453,984				11,404,078
Nuveen S&P 500 Buy-Write Income Fund			361,353				4,957,763
Nuveen S&P 500 Dynamic Overwrite Fund			5,379				90,260
							34,858,266
SECTOR EQUITY - 0.54%
BlackRock Innovation and Growth Term Trust			130,309				983,833
John Hancock Financial Opportunities Fund			98,000				3,249,680
							4,233,513
UTILITY - 0.19%
Allspring Utilities and High Income Fund			2,798				31,226
BlackRock Utilities, Infrastructure & Power Opportunities Trust			59,032				1,465,764
							1,496,990
TOTAL CLOSED-END FUNDS							78,507,670
COMMON STOCKS - 79.07%
COMMUNICATION SERVICES - 8.04%
Alphabet Inc. - Class C			167,200				27,954,168
AT&T Inc.			88,300				1,942,600
Comcast Corporation - Class A			53,700				2,243,049
Meta Platforms, Inc. - Class A			32,100				18,375,324
Netflix, Inc. *			8,600				6,099,722
T-Mobile US, Inc.			9,100				1,877,876
Verizon Communications Inc.			57,400				2,577,834

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
COMMUNICATION SERVICES - 8.04% (Continued)
Walt Disney Company (The)			21,700			$	2,087,323
							63,157,896
CONSUMER DISCRETIONARY - 8.64%
Amazon.com, Inc. *			126,700				23,608,011
AutoZone, Inc. *			120				378,005
Booking Holdings Inc.			1,200				5,054,544
Chipotle Mexican Grill, Inc. *			20,800				1,198,496
D.R. Horton, Inc.			4,500				858,465
eBay Inc.			7,800				507,858
Ford Motor Company			59,600				629,376
General Motors Company			21,100				946,124
Hilton Worldwide Holdings Inc.			4,900				1,129,450
Home Depot, Inc. (The)			21,000				8,509,200
Lowe's Companies, Inc.			7,000				1,895,950
Marriott International, Inc. - Class A			4,600				1,143,560
McDonald's Corporation			9,600				2,923,296
NIKE, Inc. - Class B			13,700				1,211,080
O'Reilly Automotive, Inc. *			1,000				1,151,600
Ross Stores, Inc.			5,100				767,601
Starbucks Corporation			15,400				1,501,346
Tesla, Inc. *			47,500				12,427,425
TJX Companies, Inc. (The)			17,100				2,009,934
							67,851,321
CONSUMER STAPLES - 5.74%
Altria Group, Inc.			30,400				1,551,616
Archer-Daniels-Midland Company			10,500				627,270
Coca-Cola Company (The)			76,400				5,490,104
Colgate-Palmolive Company			15,700				1,629,817
Constellation Brands, Inc. - Class A			2,800				721,532
Costco Wholesale Corporation			7,900				7,003,508
Dollar General Corporation			3,100				262,167
General Mills, Inc.			10,500				775,425
Hershey Company (The)			2,900				556,162
Keurig Dr Pepper Inc.			17,300				648,404
Kimberly-Clark Corporation			6,200				882,136
Kraft Heinz Company (The)			13,600				477,496

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
CONSUMER STAPLES - 5.74% (Continued)
Mondelēz International, Inc. - Class A			23,900			$	1,760,713
Monster Beverage Corporation *			13,100				683,427
PepsiCo, Inc.			18,900				3,213,945
Philip Morris International Inc.			26,700				3,241,380
Procter & Gamble Company (The)			47,100				8,157,720
Target Corporation			8,800				1,371,568
Walmart Inc.			74,800				6,040,100
							45,094,490
ENERGY - 2.79%
Chevron Corporation			23,900				3,519,753
ConocoPhillips			23,300				2,453,024
Devon Energy Corporation			10,900				426,408
EOG Resources, Inc.			7,500				921,975
Exxon Mobil Corporation			76,064				8,916,222
Hess Corporation			5,800				787,640
Kinder Morgan, Inc. - Class P			16,884				372,968
Marathon Petroleum Corporation			3,700				602,767
Occidental Petroleum Corporation			8,000				412,320
Phillips 66			7,200				946,440
Schlumberger Limited			19,200				805,440
Valero Energy Corporation			7,500				1,012,725
Williams Companies, Inc. (The)			16,600				757,790
							21,935,472
FINANCIALS - 10.98%
Aflac Incorporated			8,600				961,480
American Express Company			8,300				2,250,960
American International Group, Inc.			10,700				783,561
Aon plc - Class A			2,900				1,003,371
Arthur J. Gallagher & Co.			3,000				844,110
Bank of America Corporation			133,300				5,289,344
Bank of New York Mellon Corporation (The)			9,600				689,856
Berkshire Hathaway Inc. - Class B *			24,300				11,184,318
BlackRock, Inc.			2,000				1,899,020
Capital One Financial Corporation			5,100				763,623
Charles Schwab Corporation (The)			23,100				1,497,111
Chubb Limited			7,400				2,134,086

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
FINANCIALS - 10.98% (Continued)
Citigroup Inc.			29,200			$	1,827,920
CME Group Inc.			5,800				1,279,770
Fiserv, Inc. *			9,400				1,688,710
Goldman Sachs Group, Inc. (The)			5,300				2,624,083
Intercontinental Exchange, Inc.			9,300				1,493,952
JPMorgan Chase & Co.			58,500				12,335,310
Marsh & McLennan Companies, Inc.			8,000				1,784,720
Mastercard Incorporated - Class A			14,400				7,110,720
MetLife, Inc.			9,900				816,552
Moody's Corporation			2,000				949,180
Morgan Stanley			23,900				2,491,336
MSCI Inc.			1,100				641,223
PayPal Holdings, Inc. *			17,000				1,326,510
PNC Financial Services Group, Inc. (The)			6,100				1,127,585
Progressive Corporation (The)			9,900				2,512,224
S&P Global Inc.			5,000				2,583,100
Travelers Companies, Inc. (The)			6,200				1,451,544
Truist Financial Corporation			20,600				881,062
U.S. Bancorp			24,400				1,115,812
Visa, Inc. - Class A			27,600				7,588,620
Wells Fargo & Company			59,100				3,338,559
							86,269,332
HEALTH CARE - 9.19%
Abbott Laboratories			22,200				2,531,022
AbbVie Inc.			26,500				5,233,220
Amgen Inc.			7,200				2,319,912
Becton, Dickinson and Company			5,200				1,253,720
Boston Scientific Corporation *			20,336				1,704,157
Bristol-Myers Squibb Company			24,600				1,272,804
Centene Corporation *			10,200				767,856
Cigna Group (The)			4,400				1,524,336
CVS Health Corporation			14,400				905,472
Danaher Corporation			8,800				2,446,576
DexCom, Inc. *			12,900				864,816
Edwards Lifesciences Corporation *			7,300				481,727
Elevance Health, Inc.			3,200				1,664,000

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
HEALTH CARE - 9.19% (Continued)
Eli Lilly and Company			10,500			$	9,302,370
Gilead Sciences, Inc.			17,200				1,442,048
HCA Healthcare, Inc.			3,800				1,544,434
IDEXX Laboratories, Inc. *			700				353,654
Intuitive Surgical, Inc. *			5,800				2,849,366
Johnson & Johnson			39,802				6,450,312
McKesson Corporation			2,700				1,334,934
Medtronic plc			15,600				1,404,468
Merck & Co., Inc.			36,200				4,110,872
Moderna, Inc. *			1,800				120,294
Pfizer Inc.			77,300				2,237,062
Regeneron Pharmaceuticals, Inc. *			1,700				1,787,108
Stryker Corporation			4,000				1,445,040
Thermo Fisher Scientific Inc.			5,000				3,092,850
UnitedHealth Group Incorporated			15,403				9,005,826
Vertex Pharmaceuticals Incorporated *			3,300				1,534,764
Zoetis Inc.			6,000				1,172,280
							72,157,300
INDUSTRIALS - 6.85%
3M Company			10,000				1,367,000
Automatic Data Processing, Inc.			7,100				1,964,783
Boeing Company (The) *			10,200				1,550,808
Carrier Global Corporation			14,400				1,159,056
Caterpillar Inc.			10,100				3,950,312
Cintas Corporation			8,400				1,729,392
CSX Corporation			35,000				1,208,550
Cummins Inc.			2,900				938,991
Deere & Company			5,000				2,086,650
Eaton Corporation plc			7,600				2,518,944
Emerson Electric Co.			9,700				1,060,889
FedEx Corporation			3,500				957,880
GE Vernova Inc. *			5,275				1,345,020
General Dynamics Corporation			4,200				1,269,240
General Electric Company			19,200				3,620,736
Honeywell International Inc.			11,300				2,335,823
Illinois Tool Works Inc.			5,300				1,388,971

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
INDUSTRIALS - 6.85% (Continued)
Johnson Controls International plc			14,100			$	1,094,301
Lockheed Martin Corporation			4,300				2,513,608
Norfolk Southern Corporation			3,800				944,300
Northrop Grumman Corporation			2,500				1,320,175
Old Dominion Freight Line, Inc.			3,300				655,512
PACCAR Inc.			8,200				809,176
Parker-Hannifin Corporation			2,100				1,326,822
Paychex, Inc.			5,900				791,721
Republic Services, Inc.			3,600				723,024
RTX Corporation			24,100				2,919,956
Trane Technologies plc - Class A			3,900				1,516,047
TransDigm Group Incorporated			900				1,284,417
Uber Technologies, Inc. *			15,300				1,149,948
Union Pacific Corporation			10,500				2,588,040
United Parcel Service, Inc. - Class B			12,300				1,676,982
Veralto Corporation			5,233				585,363
Waste Management, Inc.			6,800				1,411,680
							53,764,117
INFORMATION TECHNOLOGY - 23.30%
Accenture plc - Class A			9,000				3,181,320
Adobe Inc. *			5,900				3,054,902
Advanced Micro Devices, Inc. *			19,000				3,117,520
Amphenol Corporation - Class A			17,200				1,120,752
Analog Devices, Inc.			7,700				1,772,309
Apple Inc.			223,200				52,005,600
Applied Materials, Inc.			12,300				2,485,215
Arista Networks, Inc. *			4,000				1,535,280
Broadcom Inc.			57,200				9,867,000
Cisco Systems, Inc.			46,400				2,469,408
International Business Machines Corporation			14,300				3,161,444
Intuit Inc.			3,700				2,297,700
KLA Corporation			1,700				1,316,497
Lam Research Corporation			2,000				1,632,160
Micron Technology, Inc.			13,000				1,348,230
Microsoft Corporation			90,900				39,114,270
NVIDIA Corporation			288,100				34,986,863

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
INFORMATION TECHNOLOGY - 23.30% (Continued)
Oracle Corporation			27,600			$	4,703,040
Palo Alto Networks, Inc. *			4,500				1,538,100
QUALCOMM Incorporated			19,300				3,281,965
Salesforce, Inc.			12,500				3,421,375
ServiceNow, Inc. *			2,600				2,325,414
Synopsys, Inc. *			2,000				1,012,780
Texas Instruments Incorporated			10,700				2,210,299
							182,959,443
MATERIALS - 0.53%
Air Products and Chemicals, Inc.			1,900				565,706
Albemarle Corporation			400				37,884
Corteva, Inc.			1,600				94,064
Ecolab Inc.			1,200				306,396
Freeport-McMoRan Inc.			2,300				114,816
Linde plc			4,100				1,955,126
Nucor Corporation			1,700				255,578
Sherwin-Williams Company (The)			2,100				801,507
							4,131,077
REAL ESTATE - 0.92%
American Tower Corporation			3,500				813,960
CBRE Group, Inc. - Class A *			4,000				497,920
Crown Castle, Inc.			1,000				118,630
Equinix, Inc.			1,400				1,242,682
Extra Space Storage Inc.			500				90,095
Prologis, Inc.			8,000				1,010,240
Public Storage			7,600				2,765,412
Realty Income Corporation			8,900				564,438
SBA Communications Corporation - Class A			400				96,280
							7,199,657
UTILITIES - 2.09%
American Electric Power Company, Inc.			9,300				954,180
American Water Works Company, Inc.			3,300				482,592
Consolidated Edison, Inc.			3,100				322,803
Constellation Energy Corporation			7,433				1,932,729
Dominion Energy, Inc.			15,000				866,850
Duke Energy Corporation			8,600				991,580

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Continued)

 

Description		No. of Shares				Value
UTILITIES - 2.09% (Continued)
Edison International			6,800			$	592,212
Exelon Corporation			20,700				839,385
NextEra Energy, Inc.			54,200				4,581,526
PG&E Corporation			22,300				440,871
Public Service Enterprise Group Incorporated			9,000				802,890
Sempra			7,700				643,951
Southern Company (The)			18,700				1,686,366
WEC Energy Group, Inc.			6,600				634,788
Xcel Energy Inc.			9,900				646,470
							16,419,193
TOTAL COMMON STOCKS							620,939,298
EXCHANGE-TRADED FUNDS - 10.35%
Communication Services Select Sector SPDR® Fund (The)			12,300				1,111,920
Consumer Discretionary Select Sector SPDR® Fund (The)			18,000				3,606,660
Consumer Staples Select Sector SPDR® Fund (The)			94,400				7,835,200
Energy Select Sector SPDR® Fund (The)			17,900				1,571,620
Financial Select Sector SPDR® Fund (The)			37,400				1,694,968
Health Care Select Sector SPDR® Fund (The)			68,600				10,565,772
Industrial Select Sector SPDR® Fund (The)			52,000				7,042,880
iShares Core S&P 500 ETF			12,400				7,152,568
Materials Select Sector SPDR® Fund (The)			64,900				6,255,062
Real Estate Select Sector SPDR® Fund (The)			175,800				7,852,986
SPDR S&P 500® ETF Trust			11,500				6,598,240
Technology Select Sector SPDR® Fund (The)			83,100				18,760,656
Utilities Select Sector SPDR® Fund (The)			2,800				226,184
Vanguard Information Technology Index Fund			1,700				997,084
TOTAL EXCHANGE-TRADED FUNDS							81,271,800
TOTAL EQUITY SECURITIES (cost - $569,755,183)							780,718,768

CORNERSTONE TOTAL RETURN FUND, INC. 

SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2024 (Unaudited)(Concluded)

 

Description		No. of Shares				Value
SHORT-TERM INVESTMENT - 0.60%
MONEY MARKET FUND - 0.60%
Fidelity Institutional Money Market Government Portfolio - Class I, 4.83% ^ (cost - $4,741,308)			4,741,308			$	4,741,308
TOTAL INVESTMENTS - 100.02% (cost - $574,496,491)							785,460,076
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.02%)							(139,219	)
NET ASSETS - 100.00%						$	785,320,857

 

*	Non-income producing security.
^	The rate shown is the 7-day effective yield as of September 30, 2024.
plc	Public Limited Company.

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