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Cornerstone Strategic Investment Fund - CLM STOCK NEWS

Welcome to our dedicated page for Cornerstone Strategic Investment Fund news (Ticker: CLM), a resource for investors and traders seeking the latest updates and insights on Cornerstone Strategic Investment Fund stock.

The Cornerstone Strategic Investment Fund (CLM), managed by Cornerstone Advisors, LLC, is a closed-end investment fund designed to provide investors with access to a diversified portfolio of securities. As a closed-end fund, CLM operates with a fixed number of shares, which are traded on the stock exchange, offering investors liquidity and ease of access. The fund's primary objective is to deliver a combination of income generation and capital appreciation, making it an attractive option for investors seeking steady returns or diversification within their portfolios.

Business Model and Revenue Generation

CLM generates revenue primarily through management fees based on its assets under management (AUM). These fees compensate the investment manager, Cornerstone Advisors, LLC, for actively managing the fund's portfolio. Additionally, the fund may distribute income to shareholders in the form of dividends, derived from interest, dividends, or capital gains earned on its underlying investments. This dual focus on income and growth caters to a broad investor base, including both retail and institutional clients.

Investment Strategy and Portfolio Composition

The fund employs an active management strategy, leveraging the expertise of Cornerstone Advisors, LLC, to select securities that align with its investment objectives. This strategy may include a mix of equities, fixed-income instruments, and other asset classes, depending on market conditions and the fund's goals. By actively managing its portfolio, CLM aims to capitalize on market opportunities and mitigate risks, providing investors with a balanced approach to wealth creation.

Industry Context and Competitive Landscape

CLM operates within the broader asset management and closed-end fund industry, a sector characterized by its focus on delivering tailored investment solutions to meet the diverse needs of investors. Closed-end funds like CLM differ from mutual funds and ETFs in their fixed capital structure, which can result in shares trading at a premium or discount to the fund's net asset value (NAV). This unique feature adds an additional layer of complexity and opportunity for investors.

In a competitive landscape, CLM distinguishes itself through its active management approach and the expertise of Cornerstone Advisors, LLC. While other closed-end funds and asset managers may offer similar products, the fund's specific investment strategy and management team's track record play a crucial role in attracting and retaining investors.

Challenges and Market Dynamics

Like other investment funds, CLM faces challenges such as market volatility, regulatory compliance, and competition from alternative investment vehicles like ETFs and mutual funds. Maintaining a consistent track record of performance and effectively communicating its value proposition to investors are critical for the fund's long-term success.

Conclusion

The Cornerstone Strategic Investment Fund (CLM) represents a compelling investment option for those seeking diversified exposure to a professionally managed portfolio. Its active management strategy, combined with the expertise of Cornerstone Advisors, LLC, positions it as a notable player in the closed-end fund space. By balancing income generation and capital appreciation, CLM continues to meet the evolving needs of its investor base while navigating the complexities of the financial markets.

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Cornerstone Strategic Investment Fund (NYSE: CLM) and Cornerstone Total Return Fund have filed their annual reports on Form N-CSR with the SEC, including audited financial statements for the fiscal year ended December 31, 2024.

The reports are accessible online at their respective websites and free physical copies can be obtained by calling 1-866-668-6558. Both funds are closed-end, diversified management companies managed by Cornerstone Advisors,

The funds remind investors that closed-end funds typically trade at a discount from their net asset value and carry various risks including market risk. Trading prices at the time of sale may differ from the original purchase price or net asset value.

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Cornerstone Strategic Investment Fund (NYSE American: CLM) and Cornerstone Total Return Fund (NYSE American: CRF) have announced their continuing monthly distributions for April, May, and June 2025. CLM will distribute $0.1224 per share, while CRF will distribute $0.1168 per share for each month.

The Funds' distribution policy involves an annual reset of monthly distribution amounts based on October's net asset value and Board-approved distribution percentages. These distributions aren't directly tied to investment income or capital gains. For 2025, a portion of distributions is expected to be return-of-capital.

Stockholders can choose to reinvest distributions through the dividend reinvestment plan or receive cash. Tax-reporting information for 2025 distributions will be available by mid-February 2026. The Funds' Boards maintain that this policy provides stability and liquidity for stockholders.

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Cornerstone Strategic Value Fund (NYSE: CLM) announced its name will change to Cornerstone Strategic Investment Fund, effective December 6, 2024. The Board of Directors approved this change, while maintaining the fund's existing investment objective, policies, and restrictions. The fund's ticker symbol (CLM) and CUSIP number (21924B302) will remain unchanged. CLM continues to operate as a closed-end, diversified management company registered under the Investment Company Act of 1940, with Cornerstone Advisors, serving as its investment manager.

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Cornerstone Strategic Value Fund (CLM) and Cornerstone Total Return Fund announced their monthly distributions for early 2025. CLM will distribute $0.1224 per share monthly, while CRF will distribute $0.1168 per share. The distribution rates remain at 21% of net asset value for both funds.

These distributions are not tied to investment income or capital gains and may include return of capital. Stockholders can reinvest distributions through dividend reinvestment plans. Given current market conditions, a portion of 2024 distributions is expected to consist of return of capital.

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Cornerstone Strategic Value Fund (CLM) and Cornerstone Total Return Fund (CRF) have announced their continuing monthly distributions for the last quarter of 2024 and distribution percentage for 2025. Key points:

  • CLM will distribute $0.1086 per share monthly from October to December 2024
  • CRF will distribute $0.1037 per share monthly from October to December 2024
  • Both funds will maintain a 21% distribution percentage for 2025
  • The distribution amount for 2025 will be reset based on the net asset value as of October 31, 2024
  • Distributions may include earnings, capital gains, or return-of-capital
  • The funds' distribution policy aims to provide a stable, high rate of distribution to stockholders
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Cornerstone Strategic Value Fund, Inc. and Cornerstone Total Return Fund, Inc. announced continuing monthly distributions in line with their distribution policy. The distributions are not tied to investment income or capital gains and may include earnings, capital gains, or return-of-capital. The Boards review and approve the distribution policy annually for the benefit of stockholders. Stockholders have the option to reinvest distributions or receive them in cash. The distributions may consist of a return-of-capital, which reduces the cost basis of stockholder shares. Each Fund's net asset value determines the Distribution Amount, which may change annually. The distribution composition for 2024 is subject to market conditions and may include a return of the stockholder's capital. Stockholders will receive tax-reporting information for 2024 distributions by February 2025. Cornerstone Funds aim to create opportunities through investments in closed-end funds, which enhance portfolio diversification but may be subject to risks and expenses. Each Fund may engage in share repurchase activity to enhance stockholder value.

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Cornerstone Strategic Value Fund, Inc. and Cornerstone Total Return Fund, Inc. file annual reports with the SEC for the fiscal year ended December 31, 2023. The reports include audited financial statements. Investors can access the reports online or by request.
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Cornerstone Strategic Value Fund, Inc. and Cornerstone Total Return Fund, Inc. declare monthly distributions for 2024. The Funds' distribution policy resets annually based on net asset value. Distributions are not tied to investment income or capital gains. The Funds aim to provide regular distributions to stockholders, offering the option of reinvestment. Stockholders should consult tax advisors for proper tax treatment.
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Cornerstone Strategic Value Fund, Inc. and Cornerstone Total Return Fund, Inc. have announced their monthly distributions for the calendar year 2024. The distribution amount per share will be reset annually based on the net asset value and the distribution percentage approved by the Board. The distributions are not tied to investment income or capital gains and are expected to consist mostly of return-of-capital. Stockholders have the option to reinvest the distributions or receive them in cash.
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Cornerstone Strategic Value Fund, Inc. and Cornerstone Total Return Fund, Inc. have declared their monthly distributions. The distribution percentage for the calendar year 2024 will remain at 21%. The actual Distribution Amount for each Fund for 2024 may be higher or lower than previous examples.
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FAQ

What is the current stock price of Cornerstone Strategic Investment Fund (CLM)?

The current stock price of Cornerstone Strategic Investment Fund (CLM) is $7.43 as of March 31, 2025.

What is the market cap of Cornerstone Strategic Investment Fund (CLM)?

The market cap of Cornerstone Strategic Investment Fund (CLM) is approximately 1.8B.

What is the primary objective of Cornerstone Strategic Investment Fund (CLM)?

CLM aims to provide a combination of income generation and capital appreciation through a diversified portfolio of securities.

How does CLM generate revenue?

The fund generates revenue through management fees based on its assets under management (AUM) and may distribute income from dividends, interest, or capital gains.

What differentiates CLM from other investment funds?

CLM's fixed capital structure as a closed-end fund and its active management strategy by Cornerstone Advisors, LLC, set it apart from mutual funds and ETFs.

What types of investors are attracted to CLM?

CLM appeals to both retail and institutional investors seeking steady returns, diversification, and professional portfolio management.

What challenges does CLM face in the market?

CLM faces challenges such as market volatility, regulatory compliance, and competition from other investment vehicles like ETFs and mutual funds.

How does the fixed capital structure of a closed-end fund impact CLM?

The fixed capital structure means CLM shares trade on the stock exchange, often at a premium or discount to the fund's net asset value (NAV).

What role does Cornerstone Advisors, LLC, play in managing CLM?

Cornerstone Advisors, LLC, serves as the investment manager, actively managing CLM's portfolio to align with its income and growth objectives.

What is the significance of active management for CLM?

Active management allows CLM to adapt to market conditions, capitalize on opportunities, and mitigate risks, enhancing its value proposition for investors.

How does CLM distribute income to shareholders?

CLM distributes income through dividends, which may come from interest, dividends, or capital gains earned on its investments.

What is the competitive landscape for closed-end funds like CLM?

Closed-end funds compete with other asset managers, mutual funds, and ETFs, with differentiation often based on investment strategy, management expertise, and performance.
Cornerstone Strategic Investment Fund

NYSE:CLM

CLM Rankings

CLM Stock Data

1.81B
249.76M
0.01%
14.42%
6.34%
Asset Management
Financial Services
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United States
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