Cornerstone Drippers Missed a Break (Cor) | Closed-End Funds Message Board Posts

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Msg  19363 of 19454  at  1/25/2020 2:10:51 PM  by

gjunk3

The following message was updated on 2/1/2020 6:27:04 PM.

Cornerstone Drippers Missed a Break (Cor)

This week was the Jan LRN for the Cornerstones & their Navs dropped more then the S & P so the reinvestment feed was richer then might have been expected.

xCLMx actually fell over 1%, but xCRFx dropped only .94%. The previous week they had both topped the S & P 500 gain.

Due to the MLK holiday, I overlooked the shortened trading week. Once the short week was corrected for, the S & P 500 actually fell 1.01%. Thus both Cornerstone navs fell less then that for the week. True, just less, but still less then the S & P fall so the LRNs for both were higher. The higher LRNs mean a reduced return was locked for the two Drips.


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