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Re: Porterhouse10 post# 199

Tuesday, 04/26/2022 1:56:25 PM

Tuesday, April 26, 2022 1:56:25 PM

Post# of 203
Guess investors are waking up, smacking themselves in the head and are wondering why they didn't dump when this gimmicky bowser was selling for a huge premium to NAV.

At its core, these Cornerstone funds are just a tiny bunch of utterly ordinary blue chip stocks (like Apple, Amazon and MSFT) yielding about 1.5%.

From CRF's own site: "Although the Fund’s Common Stock has frequently traded at a premium to its net asset value during the past several years, shares of closed-end funds often trade at a discount from their net asset value." http://www.cornerstonetotalreturnfund.com/

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