NPORT-EX 2 CRF.htm CRF PART F

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - MARCH 31, 2022 (Unaudited)

Description		No. of Shares			Value
EQUITY SECURITIES - 99.49%
CLOSED-END FUNDS - 8.01%
CORE - 1.34%
General American Investors Company, Inc.			180,262		$	7,655,727
DEVELOPED MARKET - 0.42%
Aberdeen Japan Equity Fund, Inc.			54,746			381,032
First Trust Dynamic Europe Equity Income Fund			33,400			421,842
Japan Smaller Capitalization Fund, Inc.			213,024			1,525,252
New Germany Fund, Inc. (The)			8,100			92,583
						2,420,709
DIVERSIFIED EQUITY - 0.94%
Adams Diversified Equity Fund, Inc.			169,755			3,130,282
Tri-Continental Corporation			72,800			2,245,152
						5,375,434
EMERGING MARKETS - 0.46%
Mexico Fund, Inc. (The)			6,970			115,563
Morgan Stanley India Investment Fund, Inc.			99,937			2,509,418
						2,624,981
ENERGY MLP FUNDS - 2.74%
ClearBridge Energy Midstream Opportunity Fund Inc.			122,982			3,468,093
ClearBridge MLP and Midstream Fund Inc.			87,527			2,951,411
ClearBridge MLP and Midstream Total Return Fund Inc.			64,722			1,889,235
Goldman Sachs MLP and Energy Renaissance Fund			153,451			1,853,688
Kayne Anderson NextGen Energy & Infrastructure, Inc.			342,475			2,935,011
Neuberger Berman MLP and Energy Income Fund Inc.			406,104			2,615,310
						15,712,748
GLOBAL - 0.23%
Gabelli Global Small and Mid Cap Value Trust (The)			27,689			387,092
GDL Fund (The)			108,808			935,749
						1,322,841
INCOME & PREFERRED STOCK - 0.26%
LMP Capital and Income Fund Inc.			100,691			1,472,102
NATURAL RESOURCES - 0.54%
Adams Natural Resources Fund, Inc.			56,000			1,172,080
Cushing® NextGen Infrastructure Income Fund (The)			31,396			1,402,145

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - MARCH 31, 2022 (Unaudited)(Continued)

Description		No. of Shares			Value
NATURAL RESOURCES - 0.54% (Continued)
First Trust Energy Infrastructure Fund			32,000		$	487,360
						3,061,585
SECTOR EQUITY - 0.67%
BlackRock Health Sciences Trust II			36,000			722,160
Gabelli Healthcare & WellnessRx Trust (The)			53,424			684,896
GAMCO Natural Resources, Gold & Income Trust			88,057			492,239
Nuveen Real Asset Income and Growth Fund			127,423			1,947,023
						3,846,318
UTILITY - 0.41%
Macquarie Global Infrastructure Total Return Fund Inc.			92,084			2,368,400
TOTAL CLOSED-END FUNDS						45,860,845
COMMUNICATION SERVICES - 9.74%
Alphabet Inc. - Class C *			9,400			26,254,106
Charter Communications, Inc. - Class A *			5,300			2,891,256
Comcast Corporation - Class A			130,000			6,086,600
Meta Platforms, Inc. - Class A *			48,000			10,673,280
Netflix, Inc. *			11,000			4,120,490
Twitter, Inc. *			24,000			928,560
Walt Disney Company (The) *			35,000			4,800,600
						55,754,892
CONSUMER DISCRETIONARY - 11.32%
Amazon.com, Inc. *			11,200			36,511,440
Booking Holdings Inc. *			1,000			2,348,450
Dollar General Corporation			7,000			1,558,410
eBay Inc.			20,000			1,145,200
General Motors Company *			36,000			1,574,640
Hilton Worldwide Holdings Inc. *			5,000			758,700
Lowe's Companies, Inc.			21,000			4,245,990
NIKE, Inc. - Class B			36,000			4,844,160
Starbucks Corporation			35,000			3,183,950
Tesla, Inc. *			8,000			8,620,800
						64,791,740

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - MARCH 31, 2022 (Unaudited)(Continued)

Description		No. of Shares			Value
CONSUMER STAPLES - 4.67%
Archer-Daniels-Midland Company			15,000		$	1,353,900
Coca-Cola Company (The)			112,000			6,944,000
Constellation Brands, Inc. - Class A			5,000			1,151,600
Costco Wholesale Corporation			14,000			8,061,900
Estée Lauder Companies Inc. (The) - Class A			7,000			1,906,240
Mondelēz International, Inc. - Class A			20,000			1,255,600
Monster Beverage Corporation *			12,000			958,800
Philip Morris International Inc.			45,000			4,227,300
Walgreens Boots Alliance, Inc.			20,000			895,400
						26,754,740
EXCHANGE-TRADED FUNDS - 5.05%
Energy Select Sector SPDR® Fund (The)			137,000			10,472,280
Invesco QQQ TrustSM, Series 1			10,000			3,625,400
iShares Core S&P 500 ETF			10,000			4,536,900
SPDR S&P 500® ETF Trust			7,000			3,161,480
Technology Select Sector SPDR® Fund (The)			45,000			7,151,850
						28,947,910
FINANCIALS - 10.18%
American Express Company			12,000			2,244,000
Aon plc - Class A			5,000			1,628,150
Bank of America Corporation			110,000			4,534,200
Bank of New York Mellon Corporation (The)			15,000			744,450
Berkshire Hathaway Inc. - Class B *			55,000			19,410,050
Charles Schwab Corporation (The)			30,000			2,529,300
Citigroup Inc.			60,000			3,204,000
Goldman Sachs Group, Inc. (The)			12,000			3,961,200
JPMorgan Chase & Co.			87,000			11,859,840
Moody's Corporation			3,000			1,012,230
Progressive Corporation (The)			14,000			1,595,860
S&P Global Inc.			5,000			2,050,900
T. Rowe Price Group, Inc.			4,000			604,760
Wells Fargo & Company			60,000			2,907,600
						58,286,540
HEALTH CARE - 13.59%
Abbott Laboratories			17,000			2,012,120
AbbVie Inc.			29,000			4,701,190

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - MARCH 31, 2022 (Unaudited)(Continued)

Description		No. of Shares			Value
HEALTH CARE - 13.59% (Continued)
Anthem, Inc.			6,000		$	2,947,320
Biogen Inc. *			6,000			1,263,600
Boston Scientific Corporation *			42,000			1,860,180
Bristol-Myers Squibb Company			65,000			4,746,950
Centene Corporation *			18,000			1,515,420
Cigna Corporation			12,000			2,875,320
CVS Health Corporation			32,000			3,238,720
DexCom, Inc. *			1,000			511,600
Eli Lilly and Company			18,000			5,154,660
HCA Healthcare, Inc.			9,000			2,255,580
Humana Inc.			4,000			1,740,680
IDEXX Laboratories, Inc. *			2,000			1,094,120
IQVIA Holdings Inc. *			7,000			1,618,470
Johnson & Johnson			28,000			4,962,440
McKesson Corporation			5,000			1,530,650
Medtronic plc			40,000			4,438,000
Merck & Co., Inc.			53,000			4,348,650
Moderna, Inc. *			5,000			861,300
Stryker Corporation			10,000			2,673,500
Thermo Fisher Scientific Inc.			6,000			3,543,900
UnitedHealth Group Incorporated			28,000			14,279,160
Vertex Pharmaceuticals Incorporated *			7,000			1,826,790
Zimmer Biomet Holdings, Inc.			14,000			1,790,600
ZimVie Inc. *			1,400			31,976
						77,822,896
INDUSTRIALS - 7.43%
Boeing Company (The) *			16,000			3,064,000
Cintas Corporation			3,000			1,276,170
CSX Corporation			60,000			2,247,000
FedEx Corporation			7,000			1,619,730
General Dynamics Corporation			7,000			1,688,260
General Electric Company			30,000			2,745,000
Honeywell International Inc.			25,000			4,864,500
Johnson Controls International plc			20,000			1,311,400
Lockheed Martin Corporation			7,000			3,089,800
Norfolk Southern Corporation			11,000			3,137,420

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - MARCH 31, 2022 (Unaudited)(Continued)

Description		No. of Shares			Value
INDUSTRIALS - 7.43% (Continued)
Northrop Grumman Corporation			5,000		$	2,236,100
Roper Technologies, Inc.			3,500			1,652,805
Southwest Airlines Co. *			18,000			824,400
TransDigm Group Incorporated *			2,000			1,303,080
Union Pacific Corporation			20,000			5,464,200
United Parcel Service, Inc. - Class B			20,000			4,289,200
Waste Management, Inc.			11,000			1,743,500
						42,556,565
INFORMATION TECHNOLOGY - 23.98%
Adobe Inc. *			6,000			2,733,720
Advanced Micro Devices, Inc. *			36,000			3,936,240
Apple Inc.			221,000			38,588,810
Applied Materials, Inc.			18,000			2,372,400
Autodesk, Inc. *			8,000			1,714,800
Cisco Systems, Inc.			43,000			2,397,680
Fidelity National Information Services, Inc.			18,000			1,807,560
Fiserv, Inc. *			16,000			1,622,400
HP Inc.			14,000			508,200
Intel Corporation			106,000			5,253,360
Intuit Inc.			9,000			4,327,560
Lam Research Corporation			4,000			2,150,440
Mastercard Incorporated - Class A			18,000			6,432,840
Microsoft Corporation			95,000			29,289,450
NVIDIA Corporation			62,800			17,135,608
Oracle Corporation			25,000			2,068,250
PayPal Holdings, Inc. *			12,000			1,387,800
QUALCOMM Incorporated			22,000			3,362,040
Visa, Inc. - Class A			46,000			10,201,420
						137,290,578
MATERIALS - 2.52%
Air Products and Chemicals, Inc.			6,000			1,499,460
Ball Corporation			7,000			630,000
Corteva, Inc.			20,000			1,149,600
DuPont de Nemours, Inc.			15,000			1,103,700
Ecolab Inc.			7,000			1,235,920
International Flavors & Fragrances Inc.			7,000			919,310

CORNERSTONE TOTAL RETURN FUND, INC.

SCHEDULE OF INVESTMENTS - MARCH 31, 2022 (Unaudited)(Continued)

Description		No. of Shares			Value
MATERIALS - 2.52% (Continued)
Linde plc			14,000		$	4,472,020
Newmont Corporation			24,000			1,906,800
Nucor Corporation			10,000			1,486,500
						14,403,310
REAL ESTATE - 1.82%
American Tower Corporation			13,000			3,265,860
CBRE Group, Inc. - Class A *			9,000			823,680
Digital Realty Trust, Inc.			8,000			1,134,400
Equinix, Inc.			3,000			2,224,860
Public Storage			5,000			1,951,400
SBA Communications Corporation			3,000			1,032,300
						10,432,500
UTILITIES - 1.18%
American Water Works Company, Inc.			5,000			827,650
Constellation Energy Corporation			8,433			474,356
Exelon Corporation			25,300			1,205,039
NextEra Energy, Inc.			50,000			4,235,500
						6,742,545
TOTAL EQUITY SECURITIES (cost - $456,058,980)						569,645,061
SHORT-TERM INVESTMENT - 0.35%
MONEY MARKET FUNDS - 0.35%
Fidelity Institutional Money Market Government Portfolio - Class I, 0.12% ^ (cost - $2,003,956)			2,003,956			2,003,956
TOTAL INVESTMENTS - 99.84% (cost - $458,062,936)						571,649,017
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.16%						917,548
NET ASSETS - 100.00%					$	572,566,565

* Non-income producing security.

^ The rate shown is the 7-day effective yield as of March 31, 2022.