Cornerstone Progressive Return Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return. The Fund invests primarily all of its assets in equity securities of the United States issuers, non- United States issuers whose securities trade on the United States securities exchange or over the counter or as American depositary receipts (ADRs) or other forms of depositary receipts, such as international depositary receipts (IDRs), which trade in the United States, closed-end investment companies and exchange-traded funds (ETFs). The Fund pursues current income, as a component of total return, by investing in dividend-paying equity securities and the United States dollar-denominated debt securities. The Fund's investment advisor is Cornerstone Advisors, Inc.
Industry, Sector and Symbol
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WebN/A
Phone+1-866-6686558
Debt
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
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Miscellaneous
EmployeesN/A
OptionableNot Optionable
Cornerstone Progressive Return Fund (NYSEMKT:CFP) Frequently Asked Questions
What is Cornerstone Progressive Return Fund's stock symbol?
Cornerstone Progressive Return Fund trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "CFP."
What price target have analysts set for CFP?
3 equities research analysts have issued 12-month target prices for Cornerstone Progressive Return Fund's shares. Their forecasts range from $18.00 to $29.00. On average, they expect Cornerstone Progressive Return Fund's stock price to reach $24.3333 in the next twelve months. View Analyst Price Targets for Cornerstone Progressive Return Fund.
What is the consensus analysts' recommendation for Cornerstone Progressive Return Fund?
Has Cornerstone Progressive Return Fund been receiving favorable news coverage?
News headlines about CFP stock have been trending positive on Wednesday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cornerstone Progressive Return Fund earned a coverage optimism score of 2.8 on InfoTrie's scale. They also gave news coverage about the investment management company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the stock's share price in the next few days.
How do I buy shares of Cornerstone Progressive Return Fund?
Shares of CFP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How can I contact Cornerstone Progressive Return Fund?
Cornerstone Progressive Return Fund's mailing address is 48 Wall St, NEW YORK, NY 10005-2903, United States. The investment management company can be reached via phone at +1-866-6686558.
MarketBeat Community Rating for Cornerstone Progressive Return Fund (NYSEMKT CFP)
MarketBeat's community ratings are surveys of what our community members think about Cornerstone Progressive Return Fund and other stocks. Vote "Outperform" if you believe CFP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFP will underperform the S&P 500 over the long term. You may vote once every thirty days.
