These statements are subject to risks and uncertainties, including the factors set forth in the FundвЂ™s disclosure documents, filed with the SEC, and actual trends, developments and regulations in the future and their impact on the Fund could be materially different from those projected, anticipated or implied. In addition to historical information, this report contains forward-looking statements, which may concern, among other things, domestic and foreign markets, industry and economic trends and developments and government regulation and their potential impact on the FundвЂ™s investment portfolio. Please read the FundвЂ™s disclosure documents before investing. An investor should carefully consider the FundвЂ™s investment objective, risks, charges and expenses. In general, shares of closed-end funds often trade at a discount from their net asset value and at the time of sale may be trading on the exchange at a price that is more or less than the original purchase price or the net asset value. An investment in the Fund is subject to certain risks, including market risk. please visit and Past performance is no guarantee of future performance. For more information regarding Cornerstone Strategic Value Fund, Inc. The FundвЂ™s investment adviser is Cornerstone Advisors, LLC, which also serves as the investment adviser to another closed-end fund, Cornerstone Strategic Value Fund, Inc. is traded on the NYSE American under the trading symbol вЂњCRFвЂќ. Securities & Exchange Commission (вЂњSECвЂќ) under the Investment Company Act of 1940, as amended.Д¬ornerstone Total Return Fund, Inc. is a closed-end, diversified management investment company and is registered with the U.S. Newly issued shares will not be entitled to the FundвЂ™s distribution to stockholders for the month of June 2022.Д¬ornerstone Total Return Fund, Inc. Stockholders are encouraged to contact their broker regarding the specifics of their account. It is anticipated that shares will be issued on or about Thursday, June 16, 2022. Under the prospectus, any excess payment received from a stockholder will, unless otherwise indicated on the subscription certificate received from such stockholder, be applied towards the purchase of unsubscribed shares.

The subscription price is lower than the original estimated subscription price of $9.69. If the aggregate number of shares subscribed for under the additional subscription privilege exceeds the number of excess shares, the excess shares will be allocated as described in the prospectus. The Fund anticipates issuing over-subscription shares under the additional subscription privilege. The subscription price for each newly issued share was determined to be $7.95 which, under the terms of the prospectus, was equal to the greater of (i) 112% of net asset value per share as calculated at the close of trading on the date of expiration of the Offering and (ii) 65% of the market price per share at such time.Д«ased on preliminary results provided by the Fund's subscription agent, the Fund received requests for approximately $410 million of its shares. Under the terms of the Offering, record date stockholders were entitled to purchase one newly issued share of common stock of the Fund for every three rights held. (the вЂњFundвЂќ) (NYSE American: CRF) (CUSIP: 21924U300) is pleased to announce the completion of its one-for-three rights offering which expired on Friday, J(the вЂњOfferingвЂќ). NEW YORK, J(GLOBE NEWSWIRE) - Cornerstone Total Return Fund, Inc.

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