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Cornerstone Strategic Value Fund, Inc. - CLM STOCK NEWS

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.

Rhea-AI Summary

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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Cornerstone Strategic Value Fund and Cornerstone Total Return Fund have announced their monthly distributions for July, August, and September 2023. The distribution amounts per share are $0.1228 for CLM and $0.1173 for CRF. The distributions are not tied to the funds' investment income or capital gains and are subject to change based on net asset value.
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FAQ

What is Cornerstone Strategic Value Fund Inc?

Cornerstone Strategic Value Fund Inc (CLM) is a closed-end management investment company focused on long-term capital appreciation through equity investments.

What is the investment strategy of CLM?

CLM invests in a diversified portfolio of equity securities from U.S. and international companies across various sectors.

Which sectors does CLM invest in?

CLM's investments span financials, information technology, healthcare, consumer discretionary, industrials, utilities, energy, telecommunication services, and materials.

Who manages the Cornerstone Strategic Value Fund?

CLM is managed by a team of experienced professionals who leverage extensive research and market insights to guide investment decisions.

What are the fund's recent achievements?

Recent achievements include significant investments in technology firms and sustainable energy projects, reflecting CLM's adaptability to market trends.

How does CLM ensure portfolio diversification?

CLM balances its investments across various high-potential industries and companies to mitigate risks and maximize returns.

What is the main objective of CLM?

The primary objective of CLM is to seek long-term capital appreciation through strategic equity investments.

How does CLM maintain transparency with investors?

CLM maintains transparency through regular updates on portfolio performance and strategic adjustments, ensuring shareholders are well-informed.

What are the benefits of investing in CLM?

Investors benefit from a well-rounded, expertly managed portfolio aimed at delivering consistent long-term returns.

Where can I find the latest news about CLM?

For the latest updates and relevant information about CLM's performance and market developments, follow the latest news and announcements.

Cornerstone Strategic Value Fund, Inc.

NYSE:CLM

CLM Rankings

CLM Stock Data

1.79B
234.74M
0.01%
14.42%
6.34%
Investment Banking and Securities Dealing
Finance and Insurance
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United States of America
Cincinnati