Cornerstone Strategic Value Fund
About: Cornerstone Strategic Value Fund Inc is a closed-end management investment company. The fund's objective is to seek long-term capital appreciation through investments in equity securities of U.S. and non-U.S. companies. It invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, utilities, energy, telecommunication services, materials, and other sectors.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
14% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
2.52% less ownership
Funds ownership: 13.14% [Q4 2024] → 10.62% (-2.52%) [Q1 2025]
5% less funds holding
Funds holding: 125 [Q4 2024] → 119 (-6) [Q1 2025]
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
26% less capital invested
Capital invested by funds: $265M [Q4 2024] → $197M (-$68M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for CLM.
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
Cornerstone Strategic Investment Fund, Inc. Announces Completion of Rights Offering
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Cornerstone Strategic Investment Fund, Inc. (the “Fund”) (NYSE American: CLM) (CUSIP: 21924B302) is pleased to announce the completion of its one-for-three rights offering which expired on Friday, May 16, 2025 (the “Offering”). 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 subscription price for each newly issued share was determined to be $7.30 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) 80% of the market price per share at such time.
Positive
Seeking Alpha
4 weeks ago
Cornerstone Strategic Investment Fund: A Solid Investment With Some Minor Flaws
I am initiating coverage of Cornerstone Strategic Investment Fund with a buy rating for its consistent, high income and solid long-term returns. CLM closely tracks the S&P 500, offering diversified exposure to large-cap stocks, and boasts a forward yield near 20%. Unique features include dividend reinvestment at NAV and tax advantages, though the aggressive payout policy risks NAV erosion in weak markets.
Neutral
Seeking Alpha
1 month ago
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.
Neutral
GlobeNewsWire
1 month ago
Cornerstone Funds Announce Continuing Monthly Distributions
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Cornerstone Strategic Investment Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions.
Positive
Seeking Alpha
1 month ago
Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.
Neutral
Seeking Alpha
1 month ago
Cornerstone CEF Rights Offerings Are Back
Cornerstone Strategic Investment Fund and Cornerstone Total Return Fund announce 1-for-3 rights offerings, allowing shareholders to subscribe for new shares at a premium to NAV. The rights offerings are accretive to NAV per share, benefiting existing shareholders, but market prices typically drop during the offering period due to increased selling pressure. Investors can either sell shares before the ex-rights date to avoid price drops, or participate in the offering if the premium to NAV is above 12%.
Positive
Seeking Alpha
2 months ago
CLM: Runoff Dividends, Not For Reinvestment
Cornerstone Strategic Investment Fund offers a high 21% dividend yield, potentially appealing to investors seeking returns amid bear markets. CLM's historical performance lags behind the S&P 500, with negative total returns over the past decade, questioning its effectiveness. CLM's unique distribution policy results in high yields not tied to investment income, making it better suited for dividend runoff rather than reinvestment.
Neutral
GlobeNewsWire
2 months ago
Cornerstone Strategic Investment Fund, Inc. Announces Rights Offering
NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Cornerstone Strategic Investment Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) (the “Fund”) announced today that, contingent upon final approval from the U.S. Securities and Exchange Commission (“SEC”), it has set the close of business on April 21, 2025 as the record date (the “Record Date”) for determination of stockholders entitled to participate in the Fund's 1-for-3 rights offering. The Fund is issuing to its stockholders non-transferable rights entitling the holders to subscribe for an aggregate of 84,252,329 shares of common stock. Each stockholder will receive one non-transferable right for each share of the Fund held as of the Record Date. Fractional shares will not be issued upon the exercise of the rights. Accordingly, the number of rights to be issued to a stockholder on the Record Date will be rounded up to the nearest whole number of rights evenly divisible by three. For every three rights a stockholder receives, he or she will be entitled (but not required) to purchase one new share of the Fund at a subscription price equal to the greater of (i) 112% of net asset value per share as calculated at the close of trading on the expiration date of the offering or (ii) 80% of the market price per share at such time. Fractional shares will not be issued. In addition to the shares offered in the primary subscription, the Fund may offer a 100% over-allotment to oversubscribing stockholders. Stockholders who fully subscribe in the primary offering will have the option to oversubscribe for additional shares, to the extent available.
Neutral
GlobeNewsWire
2 months ago
Cornerstone Total Return Fund, Inc. Announces Rights Offering
NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300) (the “Fund”) announced today that, contingent upon final approval from the U.S. Securities and Exchange Commission (“SEC”), it has set the close of business on April 21, 2025 as the record date (the “Record Date”) for determination of stockholders entitled to participate in the Fund's 1-for-3 rights offering. The Fund is issuing to its stockholders non-transferable rights entitling the holders to subscribe for an aggregate of 39,475,678 shares of common stock. Each stockholder will receive one non-transferable right for each share of the Fund held as of the Record Date. Fractional shares will not be issued upon the exercise of the rights. Accordingly, the number of rights to be issued to a stockholder on the Record Date will be rounded up to the nearest whole number of rights evenly divisible by three. For every three rights a stockholder receives, he or she will be entitled (but not required) to purchase one new share of the Fund at a subscription price equal to the greater of (i) 112% of net asset value per share as calculated at the close of trading on the expiration date of the offering or (ii) 80% of the market price per share at such time. Fractional shares will not be issued. In addition to the shares offered in the primary subscription, the Fund may offer a 100% over-allotment to oversubscribing stockholders. Stockholders who fully subscribe in the primary offering will have the option to oversubscribe for additional shares, to the extent available.
Neutral
GlobeNewsWire
3 months ago
Cornerstone Funds File Their Annual Reports
NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Cornerstone Strategic Investment Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300) (individually the “Fund” or, collectively, the “Funds”) have each filed copies of their annual report on Form N-CSR with the U.S. Securities and Exchange Commission (“SEC”). Each report includes audited financial statements for the fiscal year ended December 31, 2024. The annual reports are available online at www.cornerstonestrategicinvestmentfund.com and www.cornerstonetotalreturnfund.com. Copies of these reports are also available free of charge upon request by calling 1-866-668-6558.
Charts implemented using Lightweight Charts™