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.
Cornerstone Strategic Investment Fund, Inc. reports developments for a NYSE American-listed closed-end, diversified management investment company registered under the Investment Company Act of 1940. The Maryland fund is managed by Cornerstone Advisors, LLC and uses a monthly distribution policy tied to net asset value and a board-approved annualized distribution percentage.
Recurring updates include Form N-CSR annual reports with audited financial statements, monthly distribution declarations, NAV-related distribution resets, and capital-structure actions such as completed rights offerings. Company news also documents the fund's current name following its change from Cornerstone Strategic Value Fund, Inc., with its ticker symbol and CUSIP unchanged.
Cornerstone Strategic Investment Fund (NYSE American: CLM) and Cornerstone Total Return Fund (NYSE American: CRF) declared monthly distributions for July–September 2026. CLM distributions are $0.1215 per share; CRF distributions are $0.1176 per share, payable end of month for July, August and September 2026.
Each Fund’s managed distribution policy resets annually based on net asset value and may include earnings, capital gains, or return-of-capital; the final 2026 composition will be reported in February 2027.
Cornerstone Strategic Investment Fund (NYSE American: CLM) filed its annual report on Form N-CSR, including audited financial statements for the fiscal year ended December 31, 2025.
The report is available online at the fund websites and copies can be requested free by calling 1-866-668-6558. Cornerstone Advisors serves as investment manager.
Cornerstone Strategic Investment Fund (NYSE American: CLM) declared monthly distributions of $0.1215 per share payable Apr 30, May 29 and Jun 30, 2026 (record dates Apr 15, May 15, Jun 15).
The announcement notes distributions are set under each Fund’s managed distribution policy, may include return-of-capital, reset annually, and could reduce Fund assets if cash distributions exceed net earnings.
Cornerstone Strategic Investment Fund (NYSE American: CLM) and Cornerstone Total Return Fund (NYSE American: CRF) reset their monthly distribution amounts for 2026. Each Board kept the annualized distribution percentage at 21% of net asset value. The Funds announced per-share monthly distribution amounts for early 2026: CLM $0.1215 and CRF $0.1176 (record and payable dates Jan–Mar 2026 listed).
The distributions are set under each Fund’s managed distribution policy, may consist of earnings, capital gains, or return-of-capital, and are not tied to portfolio yield. Stockholders may reinvest distributions or receive cash; tax reporting for 2025 distributions will be provided by mid-February 2026.
Cornerstone Strategic Investment Fund (NYSE American: CLM) and Cornerstone Total Return Fund (NYSE American: CRF) have announced their continuing monthly distributions for the remainder of 2025 and distribution policy for 2026. CLM will maintain its monthly distribution of $0.1224 per share through December 2025, while CRF will continue with $0.1168 per share.
Both Funds' Boards approved maintaining the 21% distribution percentage for 2026. Based on July 31, 2025 values, this would result in estimated monthly distributions of $0.1189 for CLM and $0.1144 for CRF in 2026, though final amounts will be determined by October 2025 net asset values.
The distributions are not tied to investment income or capital gains and may include return-of-capital. Stockholders can choose to receive distributions in cash or reinvest through the dividend reinvestment plan.
Cornerstone Strategic Investment Fund (NYSE: CLM) has successfully completed its one-for-three rights offering that expired on May 16, 2025. The subscription price was set at $7.30 per share, higher than the initial estimate of $6.61. The Fund received subscription requests totaling approximately $173 million.
Under the offering terms, stockholders could purchase one new share for every three rights held. The Fund plans to issue over-subscription shares, with share issuance expected around May 22, 2025. Notably, newly issued shares will not be eligible for the Fund's May 2025 distribution.
Cornerstone Strategic Investment Fund (NYSE American: CLM) has announced a 1-for-3 rights offering, allowing stockholders to purchase additional shares. The Record Date is set for April 21, 2025, with stockholders receiving one non-transferable right per share held.
For every three rights, stockholders can purchase one new share at a subscription price of either 112% of NAV or 80% of market price at closing (whichever is greater) on the expiration date of May 16, 2025. The offering includes up to 84,252,329 shares, with a 100% over-allotment option for oversubscribing stockholders.
Shares will be issued within 15 days following the Fund's May 2025 monthly distribution record date. Notably, stockholders exercising their rights won't receive this distribution for newly purchased shares.
Cornerstone Total Return Fund (NYSE American: CRF) has announced a 1-for-3 rights offering, allowing stockholders to purchase additional shares. The record date is set for April 21, 2025, with stockholders receiving one non-transferable right per share held.
For every three rights, stockholders can purchase one new share at a subscription price of either 112% of NAV or 80% of market price (whichever is greater) at the offering's expiration. The subscription period ends May 16, 2025, at 5:00 p.m. EDT.
The Fund is offering 39,475,678 new shares with a 100% over-allotment option for oversubscribing stockholders. Shares will be issued within 15 days following the Fund's May 2025 monthly distribution record date, though new shares won't be eligible for this distribution.
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.