Welcome to our dedicated page for Cornerstone Strategic Value Fund news (Ticker: CLM), a resource for investors and traders seeking the latest updates and insights on Cornerstone Strategic Value Fund stock.
Cornerstone Strategic Value Fund Inc (symbol: CLM) is a closed-end management investment company dedicated to achieving long-term capital appreciation. The fund accomplishes this by investing in an eclectic mix of equity securities from both U.S. and international companies. Its diversified portfolio spans several key sectors, including financials, information technology, healthcare, consumer discretionary, industrials, utilities, energy, telecommunication services, and materials.
CLM seeks to optimize returns by balancing investments across various high-potential industries and companies, thus mitigating risks while maximizing gains. This strategic focus has enabled the fund to maintain a competitive edge in the ever-evolving market landscape. Recent achievements include significant investments in thriving technology firms and a keen focus on sustainable energy projects, reflecting its adaptable approach to market trends.
The fund is managed by experienced professionals who utilize extensive research and market insights to guide investment decisions. Their expertise ensures that CLM remains resilient in volatile markets while continuously seeking opportunities for growth. Partnership strategies and collaborations with other financial entities further enhance the fund's investment potential, providing an added layer of security and growth prospects for investors.
Investors in the Cornerstone Strategic Value Fund can expect a well-rounded, expertly managed portfolio that aims to deliver consistent returns over the long term. The fund's commitment to transparency and regular updates keeps shareholders informed about portfolio performance and strategic adjustments, fostering trust and confidence.
For the latest updates and relevant information about CLM's performance, ongoing projects, and market developments, interested parties are encouraged to follow the latest news and announcements.
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.
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
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.
Cornerstone Strategic Value Fund (CLM) and Cornerstone Total Return Fund (CRF) have submitted their annual reports for the fiscal year ending December 31, 2022, to the SEC. These reports include audited financial statements and are available online at their respective websites. Both funds operate as closed-end, diversified management companies, and are registered under the Investment Company Act of 1940. Investors should be aware that the shares may trade at a discount to their net asset value and should carefully consider investment risks. Past performance does not guarantee future results, and the funds are subject to market risks.
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