Video Creative
CRF Historical Stock Prices ยป
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Cornerstone Total Return Fund is a diversified closed-end management investment company. The Fund's investment objective is to is to seek capital appreciation with current income as a secondary objective. As of Dec 31 20156, the Fund's investment portfolio totaled $171,969,945 and its assets totaled $172,583,078. According to our CRF split history records, Cornerstone Total Return Fund has had 2 splits.
CRF split history picture
Cornerstone Total Return Fund (CRF) has 2 splits in our CRF split history database. The first split for CRF took place on December 23, 2008. This was a 1 for 2 reverse split, meaning for each 2 shares of CRF owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split. CRF's second split took place on December 29, 2014. This was a 1 for 4 reverse split, meaning for each 4 shares of CRF owned pre-split, the shareholder now owned 1 share. For example, a 500 share position pre-split, became a 125 share position following the split.

When a company such as Cornerstone Total Return Fund conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share. Looking at the CRF split history from start to finish, an original position size of 1000 shares would have turned into 125 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Cornerstone Total Return Fund shares, starting with a $10,000 purchase of CRF, presented on a split-history-adjusted basis factoring in the complete CRF split history. CRF split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 01/28/2008
End date: 01/25/2018
Start price/share: $77.60
End price/share: $15.85
Starting shares: 128.87
Ending shares: 841.46
Dividends reinvested/share: $55.90
Total return: 33.37%
Average Annual Total Return: 2.92%
Starting investment: $10,000.00
Ending investment: $13,335.15
Years: 10.00
Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/28/2008
End date: 01/25/2018
Start price/share: $77.60
End price/share: $15.85
Dividends collected/share: $55.90
Total return: -7.54%
Average Annual Total Return: -0.78%
Starting investment: $10,000.00
Ending investment: $9,246.82
Years: 10.00
Date Ratio
12/23/20081 for 2
12/29/20141 for 4
CRF is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

CRRB Split History
CS Split History
CSBK Split History
CSFL Split History
CSG Split History
CSH Split History
CSI Split History
CSM Split History
CSWC Split History
CTBI Split History


More latest
Latest
Latest

CRF Insider Buying