<SEC-DOCUMENT>0001752724-20-238730.txt : 20201120
<SEC-HEADER>0001752724-20-238730.hdr.sgml : 20201120
<ACCEPTANCE-DATETIME>20201120161014
ACCESSION NUMBER:		0001752724-20-238730
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200930
FILED AS OF DATE:		20201120
PERIOD START:           	20201231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORNERSTONE TOTAL RETURN FUND INC
		CENTRAL INDEX KEY:			0000033934
		IRS NUMBER:				132727013
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02363
		FILM NUMBER:		201332580

	BUSINESS ADDRESS:	
		STREET 1:		225 PICTORIA DRIVE, SUITE 450
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45246
		BUSINESS PHONE:		(513) 587-3400

	MAIL ADDRESS:	
		STREET 1:		225 PICTORIA DRIVE, SUITE 450
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45246

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EIS FUND INC
		DATE OF NAME CHANGE:	20020109

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EXCELSIOR INCOME SHARES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <regName>Cornerstone Total Return Fund, Inc.</regName>
      <regFileNumber>811-02363</regFileNumber>
      <regCik>0000033934</regCik>
      <regLei>5493000TUAHPA5P8NM98</regLei>
      <regStreet1>225 Pictoria Drive</regStreet1>
      <regStreet2>Suite 450</regStreet2>
      <regCity>Cincinnati</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>513-587-3400</regPhone>
      <seriesName>Cornerstone Total Return Fund, Inc.</seriesName>
      <seriesLei>5493000TUAHPA5P8NM98</seriesLei>
      <repPdEnd>2020-12-31</repPdEnd>
      <repPdDate>2020-09-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totAssets>380067719.17</totAssets>
      <totLiabs>2695902.91</totLiabs>
      <netAssets>377371816.26</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
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      <mon2Flow redemption="0.00000000" reinvestment="1092533.37000000" sales="0.00000000"/>
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        <name>Royce Micro-Cap Trust, Inc.</name>
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        <name>The Sherwin-Williams Company</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Gabelli Dividend &amp; Income Trust</name>
        <lei>549300082N1MHBT8NI60</lei>
        <title>Gabelli Dividend &amp; Income Trust </title>
        <cusip>36242H104</cusip>
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          <isin value="US36242H1041"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BlackRock, Inc.</name>
        <lei>549300LRIF3NWCU26A80</lei>
        <title>BlackRock, Inc. </title>
        <cusip>09247X101</cusip>
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        <name>First Trust/Dynamic Europe Equity Income Fund </name>
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        <name>Truist Financial Corporation</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corporation </title>
        <cusip>89832Q109</cusip>
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        <name>Autodesk Inc</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>Autodesk, Inc. </title>
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        <name>Voya Global Advantage and Premium Opportunity Fund</name>
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        <title>Voya Global Advantage and Premium Opportunity Fund </title>
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        <name>Clough Global Opportunities Fund</name>
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        <name>Apple Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Microsoft Corporation</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>Microsoft Corporation </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cbre Clarion Gbl Rl Estate Incm Fd</name>
        <lei>549300HYEBBK5ZZO6F11</lei>
        <title>CBRE Clarion Global Real Estate Income Fund </title>
        <cusip>12504G100</cusip>
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          <isin value="US12504G1004"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Clough Global Equity Fund</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>McCormick &amp; Company, Incorporated</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Voya Global Equity Dividend &amp; Premium Opp Fund Y FUND</name>
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        <title>Voya Global Equity Dividend &amp; Premium Opp Fund Y FUND</title>
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          <isin value="US92912T1007"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Accenture Plc</name>
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          <isin value="IE00B4BNMY34"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Procter &amp; Gamble Company</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Southern Company</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Clorox Company</name>
        <lei>54930044KVSC06Z79I06</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dollar General Corporation</name>
        <lei>OPX52SQVOZI8IVSWYU66</lei>
        <title>Dollar General Corporation </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Allianzgi Dividend, Interest &amp; Premium Strategy Fund</name>
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        <title>Allianzgi Dividend, Interest &amp; Premium Strategy Fund</title>
        <cusip>01883A107</cusip>
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          <isin value="US01883A1079"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Newmont Corporation</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>Newmont Corporation </title>
        <cusip>651639106</cusip>
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          <isin value="US6516391066"/>
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        <balance>18000.00000000</balance>
        <units>NS</units>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>John Hancock Hedged Equity &amp; Income</name>
        <lei>TXPTLN9B34V0S0MTR071</lei>
        <title>John Hancock Hedged Equity &amp; Income Fund </title>
        <cusip>47804L102</cusip>
        <identifiers>
          <isin value="US47804L1026"/>
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        <balance>52482.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amazon.com, Inc.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com, Inc. </title>
        <cusip>023135106</cusip>
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          <isin value="US0231351067"/>
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        <balance>10700.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33691411.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LMP Captial and Income Fund, Inc.</name>
        <lei>549300YJH1GYGXCCQ467</lei>
        <title>LMP Captial and Income Fund, Inc. </title>
        <cusip>50208A102</cusip>
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        <balance>182827.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kayne Anderson Energy Infrastructure Fund Inc</name>
        <lei>549300H9ZCLGQEKXQY57</lei>
        <title>Kayne Anderson Energy Infrastructure Fund Inc </title>
        <cusip>486606106</cusip>
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        <balance>140529.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hormel Foods Corp</name>
        <lei>MSD54751OJP1FS2ND863</lei>
        <title>Hormel Foods Corporation </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Verizon Communications Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc. </title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Royce Global Value Trust </name>
        <lei>254900MA25TE88EMIP63</lei>
        <title>Royce Global Value Trust </title>
        <cusip>78081T104</cusip>
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          <isin value="US78081T1043"/>
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        <balance>18100.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Union Pacific Corporation</name>
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        <title>Union Pacific Corporation </title>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Mexico Fund Inc</name>
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        <title>Mexico Fund, Inc. (The) </title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>ClearBridge Energy Midstream Opportunity Fund Incorporation</name>
        <lei>549300U6RAJWN6OONX12</lei>
        <title>ClearBridge Energy Midstream Opportunity Fund, Inc.</title>
        <cusip>18469P209</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

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        <name>Comcast Corporation</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corporation Class A</title>
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        <name>Neuberger Berman MLP and Energy Income Fund Inc</name>
        <lei>549300XIWEKOTC8HO652</lei>
        <title>Neuberger Berman MLP and Energy Income Fund Inc </title>
        <cusip>64129H104</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Aberdeen Global Premier Properties Fund</name>
        <lei>2549006N165AK05LKM02</lei>
        <title>Aberdeen Global Premier Properties Fund </title>
        <cusip>00302L108</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fastenal Company </name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>Fastenal Company </title>
        <cusip>311900104</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Texas Instruments Incorporated</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>Texas Instruments, Inc. </title>
        <cusip>882508104</cusip>
        <identifiers>
          <isin value="US8825081040"/>
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        <balance>22000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3141380.00000000</valUSD>
        <pctVal>0.832436304102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Global Dividend Opportunity Fund</name>
        <lei>5493000KZPDD7O5F1562</lei>
        <title>Wells Fargo Global Dividend Opportunity Fund</title>
        <cusip>94987C103</cusip>
        <identifiers>
          <isin value="US94987C1036"/>
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        <balance>132000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>558360.00000000</valUSD>
        <pctVal>0.147960175069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>Intercontinental Exchange, Inc. </title>
        <cusip>45866F104</cusip>
        <identifiers>
          <isin value="US45866F1049"/>
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        <balance>13000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1300650.00000000</valUSD>
        <pctVal>0.344660078987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Real Asset Income &amp; Growth Fund</name>
        <lei>RQLXTE3CBG56EZF1BQ60</lei>
        <title>Nuveen Real Asset Income and Growth Fund </title>
        <cusip>67074Y105</cusip>
        <identifiers>
          <isin value="US67074Y1055"/>
        </identifiers>
        <balance>55896.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>674105.76000000</valUSD>
        <pctVal>0.178631718362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eli Lilly and Company</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>Eli Lilly &amp; Company </title>
        <cusip>532457108</cusip>
        <identifiers>
          <isin value="US5324571083"/>
        </identifiers>
        <balance>11000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1628220.00000000</valUSD>
        <pctVal>0.431463063706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Target Corporation</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>Target Corporation </title>
        <cusip>87612E106</cusip>
        <identifiers>
          <isin value="US87612E1064"/>
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        <balance>12000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1889040.00000000</valUSD>
        <pctVal>0.500577923047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adobe Inc</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>Adobe, Inc. </title>
        <cusip>00724F101</cusip>
        <identifiers>
          <isin value="US00724F1012"/>
        </identifiers>
        <balance>11000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5394730.00000000</valUSD>
        <pctVal>1.429552968068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Regeneron Pharmaceuticals, Inc.</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>Regeneron Pharmaceuticals, Inc. </title>
        <cusip>75886F107</cusip>
        <identifiers>
          <isin value="US75886F1075"/>
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        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1679340.00000000</valUSD>
        <pctVal>0.445009385343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nextera Energy Inc</name>
        <lei>549300WRTF5OXH23DG40</lei>
        <title>NextEra Energy, Inc. </title>
        <cusip>65339F101</cusip>
        <identifiers>
          <isin value="US65339F1012"/>
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        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1942920.00000000</valUSD>
        <pctVal>0.514855618857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Macquarie/First Trust Global Infastructure IES Dividend &amp; Income Fund</name>
        <lei>549300JL3ROR79GLM190</lei>
        <title>Macquarie/First Trust Global Infastructure IES Dividend &amp; Income Fund</title>
        <cusip>55607W100</cusip>
        <identifiers>
          <isin value="US55607W1009"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>92160.00000000</valUSD>
        <pctVal>0.024421537600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Humana Inc.</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>Humana, Inc. </title>
        <cusip>444859102</cusip>
        <identifiers>
          <isin value="US4448591028"/>
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        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1241670.00000000</valUSD>
        <pctVal>0.329030930901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of America Corporation</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corporation </title>
        <cusip>060505104</cusip>
        <identifiers>
          <isin value="US0605051046"/>
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        <balance>65000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1565850.00000000</valUSD>
        <pctVal>0.414935597342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Calamos Long Short Equity </name>
        <lei>54930028TUOZZMUQBY94</lei>
        <title>Calamos Long Short Equity </title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US12812C1062"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>363000.00000000</valUSD>
        <pctVal>0.096191603177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prologis Inc.</name>
        <lei>529900DFH19P073LZ636</lei>
        <title>Prologis, Inc. REIT</title>
        <cusip>74340W103</cusip>
        <identifiers>
          <isin value="US74340W1036"/>
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        <balance>18000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1811160.00000000</valUSD>
        <pctVal>0.479940451820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Honeywell International Inc.</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>Honeywell International, Inc. </title>
        <cusip>438516106</cusip>
        <identifiers>
          <isin value="US4385161066"/>
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        <balance>11000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1810710.00000000</valUSD>
        <pctVal>0.479821206031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Smaller Capi</name>
        <lei>5493000KJSHWEB3YKZ37</lei>
        <title>Japan Smaller Capitalization Fund, Inc. </title>
        <cusip>47109U104</cusip>
        <identifiers>
          <isin value="US47109U1043"/>
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        <balance>54257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>470408.19000000</valUSD>
        <pctVal>0.124653768440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Macquarie Global Infastructure Total Return Fund INC.</name>
        <lei>NUJZT0OFFYGJKMCIDQ69</lei>
        <title>Macquarie Global Infastructure Total Return Fund INC.</title>
        <cusip>55608D101</cusip>
        <identifiers>
          <isin value="US55608D1019"/>
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        <balance>122469.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2149330.95000000</valUSD>
        <pctVal>0.569552589088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gilead Sciences, Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>Gilead Sciences, Inc. </title>
        <cusip>375558103</cusip>
        <identifiers>
          <isin value="US3755581036"/>
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        <balance>31000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1958890.00000000</valUSD>
        <pctVal>0.519087519416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Trust Energy Income and Growth Fund</name>
        <lei>549300HRXN2LWON4NG81</lei>
        <title>First Trust Energy Income and Growth Fund </title>
        <cusip>33738G104</cusip>
        <identifiers>
          <isin value="US33738G1040"/>
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        <balance>117539.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1064903.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goldman Sachs MLP Energy Fund</name>
        <lei>5493002N1D5YCVFNA222</lei>
        <title>Goldman Sachs MLP Energy Fund </title>
        <cusip>38148G206</cusip>
        <identifiers>
          <isin value="US38148G2066"/>
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        <balance>403688.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2414054.37000000</valUSD>
        <pctVal>0.639701818202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Waste Management, Inc.</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>Waste Management, Inc. </title>
        <cusip>94106L109</cusip>
        <identifiers>
          <isin value="US94106L1098"/>
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        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1584380.00000000</valUSD>
        <pctVal>0.419845873945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ingersoll Rand Inc</name>
        <lei>5299004C02FMZCUOIR50</lei>
        <title>Ingersoll-Rand Inc. </title>
        <cusip>45687V106</cusip>
        <identifiers>
          <isin value="US45687V1061"/>
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        <balance>7059.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251300.40000000</valUSD>
        <pctVal>0.066592254421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy, Inc. </title>
        <cusip>25746U109</cusip>
        <identifiers>
          <isin value="US25746U1097"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>789300.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emerson Electric Co.</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>Emerson Electric Co. </title>
        <cusip>291011104</cusip>
        <identifiers>
          <isin value="US2910111044"/>
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        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>917980.00000000</valUSD>
        <pctVal>0.243256109875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zoetis Inc.</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>Zoetis, Inc. </title>
        <cusip>98978V103</cusip>
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          <isin value="US98978V1035"/>
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        <balance>12000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1984440.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>S&amp;P Global, Inc. </name>
        <lei>Y6X4K52KMJMZE7I7MY94</lei>
        <title>S&amp;P Global, Inc. </title>
        <cusip>78409V104</cusip>
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          <isin value="US78409V1044"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2884800.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merck &amp; Co., Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Company, Inc. </title>
        <cusip>58933Y105</cusip>
        <identifiers>
          <isin value="US58933Y1055"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2488500.00000000</valUSD>
        <pctVal>0.659429213517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
        <lei>549300G0CFPGEF6X2043</lei>
        <title>Johnson &amp; Johnson </title>
        <cusip>478160104</cusip>
        <identifiers>
          <isin value="US4781601046"/>
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        <balance>64000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9528320.00000000</valUSD>
        <pctVal>2.524915637429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Thermo Fisher Scientific Inc</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
        <title>Thermo Fisher Scientific, Inc. </title>
        <cusip>883556102</cusip>
        <identifiers>
          <isin value="US8835561023"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4415200.00000000</valUSD>
        <pctVal>1.169986684156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Korea Fund Inc</name>
        <lei>549300M4Y1IG0WPTKC03</lei>
        <title>Korea Fund, Inc. </title>
        <cusip>500634209</cusip>
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          <isin value="US5006342092"/>
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        <balance>12415.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368104.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Activision Blizzard, Inc. </name>
        <lei>549300TPQQDBP9GNOF40</lei>
        <title>Activision Blizzard, Inc. </title>
        <cusip>00507V109</cusip>
        <identifiers>
          <isin value="US00507V1098"/>
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        <balance>18000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1457100.00000000</valUSD>
        <pctVal>0.386117864985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Charter Communications, Inc.</name>
        <lei>0J0XRGZE3PBRFEZ7MV65</lei>
        <title>Charter Communications, Inc. Class A</title>
        <cusip>16119P108</cusip>
        <identifiers>
          <isin value="US16119P1084"/>
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        <balance>5300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3309002.00000000</valUSD>
        <pctVal>0.876854565556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Parcel Service, Inc.</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
        <title>United Parcel Service, Inc. Class B</title>
        <cusip>911312106</cusip>
        <identifiers>
          <isin value="US9113121068"/>
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        <balance>28600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4765618.00000000</valUSD>
        <pctVal>1.262844175071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Abbott Laboratories</name>
        <lei>HQD377W2YR662HK5JX27</lei>
        <title>Abbott Laboratories </title>
        <cusip>002824100</cusip>
        <identifiers>
          <isin value="US0028241000"/>
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        <balance>40000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4353200.00000000</valUSD>
        <pctVal>1.153557264329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oracle Corporation</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corporation </title>
        <cusip>68389X105</cusip>
        <identifiers>
          <isin value="US68389X1054"/>
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        <balance>67000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3999900.00000000</valUSD>
        <pctVal>1.059936070383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Allstate Corporation</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>Allstate Corporation (The) </title>
        <cusip>020002101</cusip>
        <identifiers>
          <isin value="US0200021014"/>
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        <balance>8000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>753120.00000000</valUSD>
        <pctVal>0.199569752575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ClearBridge MLP and Midstream Fund Inc.</name>
        <lei>549300KS1WIARK4T8791</lei>
        <title>ClearBridge MLP and Midstream Fund Inc. </title>
        <cusip>184692200</cusip>
        <identifiers>
          <isin value="US1846922003"/>
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        <balance>1520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16796.00000000</valUSD>
        <pctVal>0.004450782829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sempra Energy</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra Energy </title>
        <cusip>816851109</cusip>
        <identifiers>
          <isin value="US8168511090"/>
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        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>828520.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IHS Markit Ltd</name>
        <lei>549300HLPTRASHS0E726</lei>
        <title>IHS Markit Ltd. </title>
        <cusip>G47567105</cusip>
        <identifiers>
          <isin value="BMG475671050"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>785100.00000000</valUSD>
        <pctVal>0.208044153318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic Services, Inc.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>Republic Services, Inc. </title>
        <cusip>760759100</cusip>
        <identifiers>
          <isin value="US7607591002"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>933500.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Progressive Corporation</name>
        <lei>529900TACNVLY9DCR586</lei>
        <title>Progressive Corporation (The) </title>
        <cusip>743315103</cusip>
        <identifiers>
          <isin value="US7433151039"/>
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        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1325380.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fidelity Institutional Cash</name>
        <lei>549300SHPEJB1OPRCV46</lei>
        <title>Fidelity Institutional Cash</title>
        <cusip>316175108</cusip>
        <identifiers>
          <isin value="US3161751082"/>
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        <balance>2608906.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2608906.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Roper Technologies Inc</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>Roper Technologies, Inc. </title>
        <cusip>776696106</cusip>
        <identifiers>
          <isin value="US7766961061"/>
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        <balance>2500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>987775.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vertex Pharmaceuticals Incorporated</name>
        <lei>54930015RAQRRZ5ZGJ91</lei>
        <title>Vertex Pharmaceuticals, Inc. </title>
        <cusip>92532F100</cusip>
        <identifiers>
          <isin value="US92532F1003"/>
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        <balance>7000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1904840.00000000</valUSD>
        <pctVal>0.504764775196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mexico Equity &amp; Income Fund, Inc.</name>
        <lei>549300Q0OD8MQEFTBY23</lei>
        <title>Mexico Equity &amp; Income Fund </title>
        <cusip>592834105</cusip>
        <identifiers>
          <isin value="US5928341057"/>
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        <balance>5335.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41078.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Guggenheim Enhanced Equity Income Fund</name>
        <lei>54930067HNVZR2F1S119</lei>
        <title>Guggenheim Enhanced Equity Income Fund </title>
        <cusip>40167B100</cusip>
        <identifiers>
          <isin value="US40167B1008"/>
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        <balance>271920.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1481964.00000000</valUSD>
        <pctVal>0.392706592317</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sprott Focus Trust Inc</name>
        <lei>549300ZO564XGNG81814</lei>
        <title>Sprott Focus Trust, Inc. </title>
        <cusip>85208J109</cusip>
        <identifiers>
          <isin value="US85208J1097"/>
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        <balance>35829.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213182.55000000</valUSD>
        <pctVal>0.056491380864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corporation </title>
        <cusip>126650100</cusip>
        <identifiers>
          <isin value="US1266501006"/>
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        <balance>32000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1868800.00000000</valUSD>
        <pctVal>0.495214512445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Biogen Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intel Corporation</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CSX Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FiServ Inc.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>General Mills, Inc.</name>
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        <name>Lockheed Martin Corporation</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
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        <name>Lowes Companies, Inc.</name>
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        <name>Gabelli Healthcare &amp; Wellness Trust</name>
        <lei>549300XULWZNLHFTG832</lei>
        <title>Gabelli Healthcare and Wellness Rx Turst </title>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Colgate-Palmolive Company</name>
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        <name>GDL Fund (The) </name>
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        <invCountry>US</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Norfolk Southern Corporation</name>
        <lei>54930036C8MWP850MI84</lei>
        <title>Norfolk Southern Corporation </title>
        <cusip>655844108</cusip>
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          <isin value="US6558441084"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>641970.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SBA Communications Corporation</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
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        <name>Baxter International, Inc.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>Baxter International, Inc. </title>
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        <fairValLevel>1</fairValLevel>
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        <name>Kimberly-Clark Corporation</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>Kimberly-Clark Corporation </title>
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        <name>First Trust MLP &amp; Energy Income Fund </name>
        <lei>54930012E1PU4RAI3F48</lei>
        <title>First Trust MLP &amp; Energy Income Fund </title>
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        <name>Blackrock Resources Fund, Inc.</name>
        <lei>GG70RT52UUBWY2PJSI68</lei>
        <title>Blackrock Resources Fund, Inc. </title>
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        <name>Tortoise Pipeline &amp; Energy Fund Inc</name>
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        <title>Tortoise Pipeline &amp; Energy Fund </title>
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        <name>Select Sector SPDR Technology</name>
        <lei>5493008JJKIPMEX3CO91</lei>
        <title>Select Sector SPDR Technology</title>
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        <name>Cigna Corporation</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Corporation </title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>BlackRock Enhanced International Dividend Trust</name>
        <lei>N8Y5YESYCLFDXNNUQV93</lei>
        <title>BlackRock Enhanced International Dividend Trust </title>
        <cusip>092524107</cusip>
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        <balance>44000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy </title>
        <cusip>30040W108</cusip>
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        <name>Amgen Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen, Inc. </title>
        <cusip>031162100</cusip>
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        <name>Air Products &amp; Chemicals, Inc.</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>Air Products &amp; Chemicals, Inc. </title>
        <cusip>009158106</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Kayne Anderson NextGen Energy &amp; Infrastructure Inc</name>
        <lei>549300MHDTCUZBV2Y068</lei>
        <title>Kayne Anderson NextGen Energy &amp; Infrastructure Inc </title>
        <cusip>48661E108</cusip>
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          <isin value="US48661E1082"/>
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        <balance>16383.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>General American Investors Company, Inc.</name>
        <lei>254900MHIF9G7IS1T951</lei>
        <title>General American Investors Company, Inc. </title>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Moodys Corp</name>
        <lei>549300GCEDD8YCF5WU84</lei>
        <title>Moody's Corporation </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Trust Energy Infastructure Fund</name>
        <lei>549300U01UTSY4XHYP86</lei>
        <title>First Trust Energy Infastructure Fund </title>
        <cusip>33738C103</cusip>
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          <isin value="US33738C1036"/>
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        <balance>43990.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northrop Grumman Corporation</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>Northrop Grumman Corporation </title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AbbVie Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie, Inc. </title>
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          <isin value="US00287Y1091"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Duff &amp; Phelps Utility &amp; Infrastructure Fund Inc</name>
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        <title>Duff &amp; Phelps Utility and Infrastructure Fund Inc. </title>
        <cusip>26433C105</cusip>
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          <isin value="US26433C1053"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nuveen Tax-Advantaged Dividend Growth Fund</name>
        <lei>P8A4JDNIPXCEKEVC8W52</lei>
        <title>Nuveen Tax-Advantaged Dividend Growth Fund </title>
        <cusip>67073G105</cusip>
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          <isin value="US67073G1058"/>
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        <balance>78743.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>India Fund Inc</name>
        <lei>5493008XCB4X3JFQPB87</lei>
        <title>India Fund Inc</title>
        <cusip>454089103</cusip>
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          <isin value="US4540891037"/>
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        <balance>104300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1720950.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Electronic Arts Inc.</name>
        <lei>549300O7A67PUEYKDL45</lei>
        <title>Electronic Arts, Inc. </title>
        <cusip>285512109</cusip>
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          <isin value="US2855121099"/>
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        <balance>7000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>912870.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley China A Share Fund, Inc</name>
        <lei>54930045HQ1UNO6FR635</lei>
        <title>Morgan Stanley China A Share Fund, Inc. </title>
        <cusip>617468103</cusip>
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          <isin value="US6174681030"/>
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        <balance>173576.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3665925.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nuveen Tax - Advantaged Total Return Strategy Fund, Inc.</name>
        <lei>LYX9FVHXPB1ZJXLXRJ27</lei>
        <title>Nuveen Tax-Advantaged Total Return Strategy Fund </title>
        <cusip>67090H102</cusip>
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          <isin value="US67090H1023"/>
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        <balance>84049.00000000</balance>
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        <valUSD>673232.49000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Morgan Stan India</name>
        <lei>5LQ8NRKQLK2XRS19BS65</lei>
        <title>Morgan Stanley India Investments Fund, Inc. </title>
        <cusip>61745C105</cusip>
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          <isin value="US61745C1053"/>
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        <balance>127964.00000000</balance>
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        <valUSD>2220175.40000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>The Central and Eastern Europe Fund, Inc.</name>
        <lei>549300TSXFIOF89ZI608</lei>
        <title>Central Europe Russia and Turkey Fund, Inc. (The) </title>
        <cusip>153436100</cusip>
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          <isin value="US1534361001"/>
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        <balance>23277.00000000</balance>
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        <valUSD>457160.28000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Cintas Corporation</name>
        <lei>549300QVUQTTKMTE0G41</lei>
        <title>Cintas Corporation </title>
        <cusip>172908105</cusip>
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          <isin value="US1729081059"/>
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        <balance>3000.00000000</balance>
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        <valUSD>998490.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Nvidia Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>Nvidia Corp</title>
        <cusip>67066G104</cusip>
        <identifiers>
          <isin value="US67066G1040"/>
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        <balance>14000.00000000</balance>
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        <valUSD>7577080.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>DexCom Inc</name>
        <lei>549300YSK3QDSFR5EU59</lei>
        <title>DexCom, Inc. </title>
        <cusip>252131107</cusip>
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        <balance>2000.00000000</balance>
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        <valUSD>824460.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Verisk Analytics, Inc.</name>
        <lei>549300I1YSWNIRKBWP67</lei>
        <title>Verisk Analytics, Inc. </title>
        <cusip>92345Y106</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Costco Wholesale Corporation</name>
        <lei>29DX7H14B9S6O3FD6V18</lei>
        <title>Costco Wholesale Corporation </title>
        <cusip>22160K105</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>GAMCO Natural Resources, Gold &amp; Income Trust</name>
        <lei>23EBEGZ81713Q1VCP222</lei>
        <title>Gamco Natural Resources, Gold &amp; Income Trust GABELLI</title>
        <cusip>36465E101</cusip>
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        <balance>43460.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Edwards Lifesciences Corporation</name>
        <lei>YA13X31F3V31L8TMPR58</lei>
        <title>Edwards Lifesciences Corporation </title>
        <cusip>28176E108</cusip>
        <identifiers>
          <isin value="US28176E1082"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1197300.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Kroger Co.</name>
        <lei>6CPEOKI6OYJ13Q6O7870</lei>
        <title>Kroger Company (The) </title>
        <cusip>501044101</cusip>
        <identifiers>
          <isin value="US5010441013"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>678200.00000000</valUSD>
        <pctVal>0.179716653649</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MasterCard Incorporated</name>
        <lei>AR5L2ODV9HN37376R084</lei>
        <title>Mastercard, Inc. Class A</title>
        <cusip>57636Q104</cusip>
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        <valUSD>3381700.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy, Inc. </title>
        <cusip>98389B100</cusip>
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        <balance>14000.00000000</balance>
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        <valUSD>966140.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Public Service Enterprise Group Incorporated</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
        <title>Public Service Enterprise Group, Inc. </title>
        <cusip>744573106</cusip>
        <identifiers>
          <isin value="US7445731067"/>
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        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>384370.00000000</valUSD>
        <pctVal>0.101854453204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dow Inc</name>
        <lei>5493003S21INSLK2IP73</lei>
        <title>Dow, Inc. </title>
        <cusip>260557103</cusip>
        <identifiers>
          <isin value="US2605571031"/>
        </identifiers>
        <balance>14273.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>671544.65000000</valUSD>
        <pctVal>0.177953048178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pfizer Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer, Inc. </title>
        <cusip>717081103</cusip>
        <identifiers>
          <isin value="US7170811035"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2936000.00000000</valUSD>
        <pctVal>0.778012525974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gabelli Global Small and Mid Cap Value Trust</name>
        <lei>54930027RS7HE8UD3187</lei>
        <title>Gabelli Global Small and Mid Cap Value Trust (The) </title>
        <cusip>36249W104</cusip>
        <identifiers>
          <isin value="US36249W1045"/>
        </identifiers>
        <balance>44108.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>445049.72000000</valUSD>
        <pctVal>0.117934011185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royce Value Trust, Inc.</name>
        <lei>254900NJE1W1YYKNVM16</lei>
        <title>Royce Value Trust, Inc. </title>
        <cusip>780910105</cusip>
        <identifiers>
          <isin value="US7809101055"/>
        </identifiers>
        <balance>92000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1162880.00000000</valUSD>
        <pctVal>0.308152318189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Visa Inc</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>Visa, Inc. Class A</title>
        <cusip>92826C839</cusip>
        <identifiers>
          <isin value="US92826C8394"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3999400.00000000</valUSD>
        <pctVal>1.059803575062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Netflix, Inc.</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>Netflix, Inc. </title>
        <cusip>64110L106</cusip>
        <identifiers>
          <isin value="US64110L1061"/>
        </identifiers>
        <balance>11000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5500330.00000000</valUSD>
        <pctVal>1.457535979902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alphabet Inc.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet, Inc. Class C</title>
        <cusip>02079K107</cusip>
        <identifiers>
          <isin value="US02079K1079"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10287200.00000000</valUSD>
        <pctVal>2.726011736104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Automatic Data Processing, Inc.</name>
        <lei>HGBOLILQXWER4SAL2I23</lei>
        <title>Automatic Data Processing, Inc. </title>
        <cusip>053015103</cusip>
        <identifiers>
          <isin value="US0530151036"/>
        </identifiers>
        <balance>5000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>697450.00000000</valUSD>
        <pctVal>0.184817723515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anthem Inc</name>
        <lei>8MYN82XMYQH89CTMTH67</lei>
        <title>Anthem, Inc. </title>
        <cusip>036752103</cusip>
        <identifiers>
          <isin value="US0367521038"/>
        </identifiers>
        <balance>6000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1611540.00000000</valUSD>
        <pctVal>0.427043019791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equinix, Inc.</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>Equinix, Inc. REIT</title>
        <cusip>29444U700</cusip>
        <identifiers>
          <isin value="US29444U7000"/>
        </identifiers>
        <balance>2200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1672286.00000000</valUSD>
        <pctVal>0.443140141352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Berkshire Hathaway Inc.</name>
        <lei>5493000C01ZX7D35SD85</lei>
        <title>Berkshire Hathaway, Inc. Class B</title>
        <cusip>084670702</cusip>
        <identifiers>
          <isin value="US0846707026"/>
        </identifiers>
        <balance>23000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4897620.00000000</valUSD>
        <pctVal>1.297823469844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agilent Technologies Inc.</name>
        <lei>QUIX8Y7A2WP0XRMW7G29</lei>
        <title>Agilent Technologies, Inc. </title>
        <cusip>00846U101</cusip>
        <identifiers>
          <isin value="US00846U1016"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>706580.00000000</valUSD>
        <pctVal>0.187237088080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Real Estate Income Fund, Inc.</name>
        <lei>LXJVVL0330BRT3R7PH61</lei>
        <title>Nuveen Real Estate Income Fund </title>
        <cusip>67071B108</cusip>
        <identifiers>
          <isin value="US67071B1089"/>
        </identifiers>
        <balance>69027.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>521153.85000000</valUSD>
        <pctVal>0.138100893480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blackrock Enhanced Global Dividend</name>
        <lei>U48QD6ILUF60LKMSND68</lei>
        <title>Blackrock Enhanced Global Dividend </title>
        <cusip>092501105</cusip>
        <identifiers>
          <isin value="US0925011050"/>
        </identifiers>
        <balance>84256.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>806329.92000000</valUSD>
        <pctVal>0.213669883456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Corporation</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corporation </title>
        <cusip>857477103</cusip>
        <identifiers>
          <isin value="US8574771031"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>533970.00000000</valUSD>
        <pctVal>0.141497053301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monster Beverage Corp</name>
        <lei>52990090AP0E7HCB6F33</lei>
        <title>Monster Beverage Corporation </title>
        <cusip>61174X109</cusip>
        <identifiers>
          <isin value="US61174X1090"/>
        </identifiers>
        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1122800.00000000</valUSD>
        <pctVal>0.297531493243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ClearBridge MLP &amp; Midstream Total Return Fund, Inc.</name>
        <lei>549300FO806NCJW4RO34</lei>
        <title>ClearBridge MLP &amp; Midstream Total Return Fund, Inc.</title>
        <cusip>18469Q207</cusip>
        <identifiers>
          <isin value="US18469Q2075"/>
        </identifiers>
        <balance>5640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56456.40000000</valUSD>
        <pctVal>0.014960417701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>eBay Inc.</name>
        <lei>OML71K8X303XQONU6T67</lei>
        <title>eBay, Inc. </title>
        <cusip>278642103</cusip>
        <identifiers>
          <isin value="US2786421030"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>833600.00000000</valUSD>
        <pctVal>0.220896199472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trane Technologies Plc</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>Trane Technologies plc </title>
        <cusip>G8994E103</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
        </identifiers>
        <balance>8000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>970000.00000000</valUSD>
        <pctVal>0.257040923091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General Dynamics Corporation</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>General Dynamics Corporation </title>
        <cusip>369550108</cusip>
        <identifiers>
          <isin value="US3695501086"/>
        </identifiers>
        <balance>7000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>969010.00000000</valUSD>
        <pctVal>0.256778582355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-11-20</ncom:dateSigned>
      <ncom:nameOfApplicant>Susan Conti</ncom:nameOfApplicant>
      <ncom:signature>Susan Conti</ncom:signature>
      <ncom:signerName>Susan Conti</ncom:signerName>
      <ncom:title>Senior Fund Accounting Manager</ncom:title>
    </signature>
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  <documents>XXXX</documents>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>NPORT-EX
<SEQUENCE>2
<FILENAME>crfnport.htm
<DESCRIPTION>CRF EX
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.25in; text-indent: -0.25in"><B>EQUITY SECURITIES - 99.49%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>CLOSED-END FUNDS - 16.07%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>CORE - 2.44%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">General American Investors Company, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">199,062 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 6,758,156 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Royce Micro-Cap Trust, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">319,308 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,449,092 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">9,207,248 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>DEVELOPED MARKET - 0.37%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Aberdeen Japan Equity Fund, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,588 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">120,716 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">First Trust Dynamic Europe Equity Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">81,263 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">816,693 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Japan Smaller Capitalization Fund, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">54,257 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">470,408 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">1,407,817 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>DIVERSIFIED EQUITY - 1.66%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Gabelli Dividend &amp; Income Trust (The)</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">148,492 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,724,828 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Guggenheim Enhanced Equity Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">271,920 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,481,964 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Nuveen Tax-Advantaged Total Return Strategy Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">84,049 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">673,232 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Royce Value Trust, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">92,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,162,880 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Sprott Focus Trust, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">35,829 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">213,183 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">6,256,087 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>EMERGING MARKETS - 2.49%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Central and Eastern Europe Fund, Inc. (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">23,277 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">457,160 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">India Fund, Inc. (The) *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">104,300 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,720,950 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Korea Fund, Inc. (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,415 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">368,105 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Mexico Equity and Income Fund, Inc. (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,335 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">41,079 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Mexico Fund, Inc. (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">72,870 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">747,646 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Morgan Stanley China A Share Fund, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">173,576 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,665,925 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Morgan Stanley India Investment Fund, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">127,964 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,220,176 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Taiwan Fund, Inc. (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">6,822 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">157,111 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">9,378,152 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>ENERGY MLP FUNDS - 1.11%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">ClearBridge Energy Midstream Opportunity Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,638 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">110,835 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">ClearBridge MLP and Midstream Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,520 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">16,796 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">ClearBridge MLP and Midstream Total Return Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,640 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">56,456 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">First Trust MLP and Energy Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">56,534 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">262,318 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Goldman Sachs MLP and Energy Renaissance Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">403,688 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,414,055 &nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)(Continued)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>ENERGY MLP FUNDS - 1.11% (Continued)</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Kayne Anderson Energy Infrastructure Fund, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">140,529 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 560,711 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Kayne Anderson NextGen Energy &amp; Infrastructure, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">16,383 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">66,023 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Neuberger Berman MLP and Energy Income Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">301,948 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">718,636 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">4,205,830 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>GLOBAL - 1.10%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Clough Global Equity Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">66,703 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">747,741 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Clough Global Opportunities Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">39,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">364,260 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Gabelli Global Small and Mid Cap Value Trust (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">44,108 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">445,050 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">GDL Fund (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">150,181 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,258,516 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">John Hancock Hedged Equity &amp; Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">52,482 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">554,210 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Royce Global Value Trust, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">18,100 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">222,268 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Wells Fargo Global Dividend Opportunity Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">132,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">558,360 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">4,150,405 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>INCOME &amp; PREFERRED STOCK - 0.86%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Calamos Long/Short Equity &amp; Dynamic Income Trust </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">25,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">363,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">LMP Capital and Income Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">182,827 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,864,835 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Nuveen Tax-Advantaged Dividend Growth Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">78,743 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,029,171 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">3,257,006 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>NATURAL RESOURCES - 1.48%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">BlackRock Resources &amp; Commodities Strategy Trust </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">687,555 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,090,952 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">First Trust Energy Income and Growth Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">117,539 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,064,903 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">First Trust Energy Infrastructure Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">43,990 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">393,711 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Tortoise Pipeline &amp; Energy Fund, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">23,880 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">5,573,446 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>OPTION ARBITRAGE/OPTIONS STRATEGIES - 0.50%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">AllianzGI NFJ Dividend, Interest &amp; Premium Strategy Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">40,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">472,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">BlackRock Enhanced Global Dividend Trust </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">84,256 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">806,330 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">BlackRock Enhanced International Dividend Trust </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">44,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">231,880 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Voya Global Advantage and Premium Opportunity Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">58,380 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Voya Global Equity Dividend and Premium Opportunity Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">65,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">321,750 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">1,890,340 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>REAL ESTATE - 2.25%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Aberdeen Global Premier Properties Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">426,003 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,963,874 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">CBRE Clarion Global Real Estate Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,005,915 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">6,015,371 &nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)(Continued)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>REAL ESTATE - 2.25% (Continued)</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Nuveen Real Estate Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">69,027 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 521,154 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">8,500,399 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>SECTOR EQUITY - 0.47%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Gabelli Healthcare &amp; Wellness<SUP>Rx</SUP> Trust (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">84,649 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">873,578 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">GAMCO Natural Resources, Gold &amp; Income Trust </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">43,460 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">214,692 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Nuveen Real Asset Income and Growth Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">55,896 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">674,106 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">1,762,376 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>UTILITY - 1.34%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Duff &amp; Phelps Utility and Infrastructure Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">270,814 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,794,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Macquarie Global Infrastructure Total Return Fund Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">122,469 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,149,331 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Macquarie/First Trust Global Infrastructure/Utilities Dividend &amp; Income Fund </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">92,160 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">5,036,291 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 0.1in; padding-left: 0.1in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: 0.25in"><B>TOTAL CLOSED-END FUNDS</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">60,625,397 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: 0.25in">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 0.1in; padding-left: 0.1in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>COMMUNICATION SERVICES - 9.20%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Activision Blizzard, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">18,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,457,100 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Alphabet Inc. - Class C *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,287,200 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Charter Communications, Inc. - Class A *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,300 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,309,002 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Comcast Corporation - Class A </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">158,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,309,080 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Electronic Arts Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">912,870 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Netflix, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">11,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,500,330 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Verizon Communications Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">100,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,949,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">34,724,582 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>CONSUMER DISCRETIONARY - 10.83%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Amazon.com, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,700 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">33,691,411 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Dollar General Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,467,340 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">eBay Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">16,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">833,600 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Lowe's Companies, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">18,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,985,480 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Target Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,889,040 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">40,866,871 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>CONSUMER STAPLES &#8211; 5.88%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Clorox Company (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">630,510 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Colgate-Palmolive Company </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">20,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,543,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Costco Wholesale Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,970,000 &nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)(Continued)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>CONSUMER STAPLES &#8211; 5.88% (Continued)</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">General Mills, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">15,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 925,200 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Hormel Foods Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">684,460 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Kimberly-Clark Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,181,280 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Kroger Co. (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">20,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">678,200 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">McCormick &amp; Company, Incorporated </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">582,300 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Monster Beverage Corporation *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,122,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Procter &amp; Gamble Company (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">71,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">9,868,290 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">22,186,040 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>EXCHANGE-TRADED FUND (ETF) - 1.36%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Technology Select Sector SPDR&reg; Fund (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">44,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">5,134,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>FINANCIALS - 5.85%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Allstate Corporation (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">753,120 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Bank of America Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">65,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,565,850 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Berkshire Hathaway Inc. - Class B *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">23,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,897,620 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">BlackRock, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,254,200 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Intercontinental Exchange, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">13,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,300,650 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">JPMorgan Chase &amp; Co. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">26,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,503,020 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Marsh &amp; McLennan Companies, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,376,400 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Moody's Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,449,250 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Progressive Corporation (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,325,380 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">S&amp;P Global Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,884,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">State Street Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">9,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">533,970 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Truist Financial Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">32,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,217,600 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">22,061,860 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>HEALTH CARE - 13.70%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Abbott Laboratories </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">40,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,353,200 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">AbbVie Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">44,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,853,960 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Agilent Technologies, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">706,580 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Amgen Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">13,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,304,080 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Anthem, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">6,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,611,540 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Baxter International Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">965,040 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Biogen Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,134,720 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Cigna Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">9,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,524,690 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">CVS Health Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">32,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,868,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">DexCom, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">824,460 &nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)(Continued)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>HEALTH CARE - 13.70% (Continued)</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Edwards Lifesciences Corporation *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">15,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 1,197,300 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Eli Lilly and Company </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">11,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,628,220 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Gilead Sciences, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">31,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,958,890 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Humana Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,241,670 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Johnson &amp; Johnson </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">64,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">9,528,320 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">McKesson Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">595,720 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Merck &amp; Co., Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">30,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,488,500 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Pfizer Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">80,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,936,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Regeneron Pharmaceuticals, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,679,340 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Thermo Fisher Scientific Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,415,200 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Vertex Pharmaceuticals Incorporated *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,904,840 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Zoetis Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">12,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,984,440 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">51,705,510 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>INDUSTRIALS - 7.16%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Cintas Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">998,490 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">CSX Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">621,360 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Deere &amp; Company </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">11,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,437,930 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Emerson Electric Co. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">917,980 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Fastenal Company </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">631,260 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">General Dynamics Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">969,010 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Honeywell International Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">11,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,810,710 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">IHS Markit Ltd. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">785,100 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Ingersoll Rand Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,059 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">251,300 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Lockheed Martin Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,832,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Norfolk Southern Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">641,970 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Northrop Grumman Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,577,450 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Republic Services, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">933,500 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Roper Technologies, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,500 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">987,775 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Trane Technologies plc </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">970,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Union Pacific Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,574,960 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">United Parcel Service, Inc. - Class B </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">28,600 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,765,618 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Verisk Analytics, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">741,240 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Waste Management, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,584,380 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">27,032,833 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>INFORMATION TECHNOLOGY &#8211; 24.89%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Accenture plc - Class A </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">18,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">4,067,820 &nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)(Continued)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>INFORMATION TECHNOLOGY &#8211; 24.89% (Continued)</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Adobe Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">11,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 5,394,730 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Apple Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">196,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">22,698,760 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Autodesk, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,155,050 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Automatic Data Processing, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">697,450 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Fiserv, Inc. *</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">16,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,648,800 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Intel Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">100,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,178,000 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Mastercard Incorporated - Class A </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,381,700 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Microsoft Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">147,400 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">31,002,643 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">NVIDIA Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,577,080 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Oracle Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">67,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,999,900 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Texas Instruments Incorporated </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">22,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,141,380 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Visa, Inc. - Class A </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">20,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">3,999,400 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">93,942,713 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>MATERIALS - 1.40%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Air Products and Chemicals, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,085,020 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Dow Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,273 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">671,545 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Newmont Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">18,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,142,100 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Sherwin-Williams Company (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,393,480 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">5,292,145 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>REAL ESTATE - 1.16%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Equinix, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,200 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,672,286 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Prologis, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">18,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,811,160 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">SBA Communications Corporation </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,800 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">891,744 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">4,375,190 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>UTILITIES - 1.99%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">American Water Works Company, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">5,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">724,400 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Dominion Energy, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">10,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">789,300 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Eversource Energy </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">8,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">668,400 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">NextEra Energy, Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,942,920 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Public Service Enterprise Group Incorporated </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">384,370 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Sempra Energy </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">7,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">828,520 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Southern Company (The) </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">22,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">1,192,840 &nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif"><B>SCHEDULE OF INVESTMENTS - SEPTEMBER 30, 2020 (Unaudited)(Concluded)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="width: 60%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif">Description</TD>
    <TD STYLE="width: 18%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">No. of Shares</TD>
    <TD STYLE="width: 22%; border-bottom: black 1pt solid; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">Value</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.5in; text-indent: -0.25in"><B>UTILITIES - 1.99% (Continued)</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Xcel Energy Inc. </TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">14,000 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">$ 966,140 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: 1pt black solid; padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">7,496,890 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 0.1in; padding-left: 0.1in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif"><B>TOTAL EQUITY SECURITIES </B>(cost - $298,616,725)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">375,444,831 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 0.1in; padding-left: 0.1in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif"><B>SHORT-TERM INVESTMENT - 0.69%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; text-indent: 0.25in"><B>MONEY MARKET FUND - 0.69%</B></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-left: 0.75in; text-indent: -0.25in">Fidelity Institutional Money Market Government Portfolio - Class I, 0.01% ^ (cost - $2,608,906)</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right">2,608,906 &nbsp;</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">2,608,906 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="2" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif"><B>TOTAL INVESTMENTS - 100.18% </B>(cost - $301,225,631)</TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">378,053,737 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 0.1in; padding-left: 0.1in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="2" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif"><B>LIABILITIES IN EXCESS OF OTHER ASSETS -&nbsp;(0.18%)</B></TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 1pt black solid">&nbsp; &nbsp; (681,921 )</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="2" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; padding-right: 0.1in; padding-left: 0.1in; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="2" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif"><B>NET ASSETS - 100.00%</B></TD>
    <TD STYLE="padding-right: 0.1in; padding-left: 0.1in; text-align: right; border-bottom: 2pt black double">$ 377,371,816 &nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 3%; font: 11pt Calibri, Helvetica, Sans-Serif">*</TD>
    <TD STYLE="vertical-align: bottom; width: 97%; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify">Non-income producing security.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 11pt Calibri, Helvetica, Sans-Serif">^</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt Calibri, Helvetica, Sans-Serif; text-align: justify">The rate shown is the 7-day effective yield as of September 30, 2020.</TD></TR>
</TABLE>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">See accompanying notes to schedule of investments.</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B><BR>
<B>NOTES TO SCHEDULE OF INVESTMENTS</B><BR>
<B>September 30, 2020 (Unaudited)</B></P>

<P STYLE="font: 2pt Times New Roman, Times, Serif; margin: 0.05pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">Federal Income Tax
Cost: The following information is computed on a tax basis for each item as of September 30, 2020:</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="width: 70%; border-collapse: collapse; font: 8pt Calibri, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD STYLE="width: 50%">Cost of portfolio investments</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right; width: 30%">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302,331,011</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Gross unrealized appreciation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84,060,186</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD>Gross unrealized depreciation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8,337,460)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Net unrealized appreciation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,722,726</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The difference between
the federal income tax cost of portfolio investments and the Schedule of Investments cost for Cornerstone Total Return Fund, Inc.
(the &ldquo;Fund&rdquo;) is due to certain timing differences in the recognition of capital gains or losses under income tax regulations
and generally accepted accounting principles. These &quot;book/tax&quot; differences are temporary in nature and are due to the
tax deferral of losses on wash sales.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">As required by the
Fair Value Measurement and Disclosures Topic of the Financial Accounting Standards Board (&quot;FASB&quot;) Accounting Standards
Codification, the Fund has performed an analysis of all assets and liabilities measured at fair value to determine the significance
and character of all inputs to their fair value determination.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The fair value hierarchy
prioritizes the inputs to valuation techniques used to measure fair value into the following three broad categories:</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&bull;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 11pt">Level 1 - quoted unadjusted prices for identical
instruments in active markets to which the Fund has access at the date of measurement.</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&bull;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 11pt">Level 2 - quoted prices for similar instruments
in active markets; quoted prices for identical or similar instruments in markets that are not active; and model- derived valuations
in which all significant inputs and significant value drivers are observable in active markets. Level 2 inputs are those in markets
for which there are few transactions, the prices are not current, little public information exists or instances where prices vary
substantially over time or among brokered market makers.</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&bull;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 11pt">Level 3 - model derived valuations in which one
or more significant inputs or significant value drivers are unobservable. Unobservable inputs are those inputs that reflect the
Fund's own assumptions that market participants would use to price the asset or liability based on the best available information.</FONT></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The following is
a summary of the inputs used as of September 30, 2020 in valuing the Fund's investments carried at value:</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 8pt Calibri, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="3">VALUTION INPUTS</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: Black 0.5pt solid; text-align: center">INVESTMENTS IN SECURITIES</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 20%; border-bottom: Black 0.5pt solid; text-align: center">OTHER FINANCIAL INSTRUMENTS*</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="3">Level 1 - Quoted Prices</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Equity Securities</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375,444,831</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Short-Term Investment</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,608,906</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="5">Level 2 - Other Significant Observable Inputs</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="4">Level 3 - Significant Unobservable Inputs</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
    <TD COLSPAN="2">Total</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378,053,737</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">* Other financial
instruments include futures, forwards and swap contracts, if any.</P>


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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>CORNERSTONE TOTAL RETURN FUND, INC.</B><BR>
<B>NOTES TO SCHEDULE OF INVESTMENTS (Continued)</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&nbsp;</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The breakdown of
the Fund&rsquo;s investments into major categories is disclosed in its Schedule of Investments.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The Fund did not
have any assets or liabilities that were measured at fair value on a recurring basis using significant unobservable inputs (Level
3) at September 30, 2020.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The Fund is exposed
to financial market risks, including the valuations of its investment portfolio. During the period ended September 30, 2020, the
Fund did not engage in derivative instruments and other hedging activities.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">The Fund has evaluated
the need for additional disclosures and/or adjustments resulting through the date its financial statements were issued. Based on
this evaluation, no additional disclosures or adjustments were required to such Schedule of Investments.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">Securities valuation
policies and other investment related disclosures are hereby incorporated by reference to the Fund's semi-annual report previously
filed with the Securities and Exchange Commission on Form N-CSR on August 24, 2020 with a file number 811-02363.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">Other information
regarding the Fund is available in the Fund&rsquo;s most recent annual report. This information is also available on the Fund&rsquo;s
website at www.cornerstonetotalreturnfund.com; or on the website of the Securities and Exchange Commission at www.sec.gov.</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.7pt">&nbsp;</P>

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