Welcome to our dedicated page for Cornerstone Strategic Investment Fund SEC filings (Ticker: CLM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Cornerstone Strategic Investment Fund, Inc. filings document the governance and shareholder-voting records of a closed-end, diversified management investment company registered under the Investment Company Act of 1940. The fund is organized as a Maryland corporation, trades on NYSE American under CLM, and is managed by Cornerstone Advisors, LLC.
Definitive proxy statements cover annual meeting procedures, stockholder materials, registrant status, and board-level governance matters. Form N-CSR annual report disclosures identified by the fund include audited financial statements, while other closed-end fund records address distributions, NAV-related mechanics, capital-structure actions, risk disclosure, and share trading relative to net asset value.
Cornerstone Strategic Investment Fund, Inc. (CLM) director Peter Greer purchased 1,500 shares of common stock on 2026-08-31 in an open-market or private transaction at $6.63 per share. Following this transaction, he directly owns 1,500 common shares of CLM.
Cornerstone Strategic Investment Fund, Inc., a diversified closed-end fund trading as CLM, plans a non-transferable rights offering to existing stockholders. Each holder on the record date will receive one Right per Share, and every three Rights allow subscription for one new Share at a Subscription Price set at 104% of NAV per Share on the expiration date. Rights cannot be traded and will expire worthless if not exercised; stockholders who fully exercise may request additional Shares through an over-subscription privilege, and the fund may issue up to 100% additional Shares beyond the basic amount to satisfy excess demand.
The offering is expected to be anti-dilutive to NAV per share but dilutive to voting power for non-participants, and may reduce the premium at which the Shares trade relative to NAV. The primary stated purposes are to increase assets to pursue new investments, support the fund’s long-standing Managed Distribution Policy, and potentially reduce the expense ratio. Historically, for 2021, 2023, 2024 and 2025 a majority of distributions, and for 2022 substantially all, were classified as return of capital rather than income or gains. As of July 31, 2026, the fund had 312,142,253 Shares outstanding and focused mainly on U.S.-listed equity securities.
CLM submitted an annual Form N-CEN reporting core operational and governance items for the fund's reporting period. The filing discloses $34,896.26 aggregate brokerage commissions and $13,691,177.02 total value of principal purchases and sales during the period.
Cornerstone Strategic Investment Fund, Inc. filed its annual Form N-CSR reporting results for the year ended December 31, 2025. Net assets were $1,991.5 million, NAV per share was $6.73 and the market price closed at $8.36. The Fund delivered a 20.91% total investment return at market value for the year after reinvestment of monthly distributions totaling $1.47 per share.
The Fund reported net investment income of $6.01 million and net realized and unrealized gains totaling $306.81 million. Distributions for 2025 included return-of-capital of $222.74 million. The Board reset the monthly distribution for 2026 to $0.1215 per share and approved a distribution percentage of 21.0% of net assets for 2026 under the Fund’s managed distribution policy.
Cornerstone Strategic Investment Fund, Inc. is holding its annual stockholder meeting on April 14, 2026 in Asheville, North Carolina. Stockholders of record as of February 13, 2026, when 297,921,983 common shares were outstanding, are entitled to one vote per share.
Investors are being asked to elect Peter K. Greer and Marcia E. Malzahn as Class I directors to serve until the 2029 annual meeting. Two current directors, Robert E. Dean and Daniel W. Bradshaw, will step down at the meeting under the board’s retirement and refreshment practices.
The board remains staggered across three classes and is dominated by independent members who also staff the Audit and Nominating and Corporate Governance Committees. Cohen & Company, Ltd. audited the 2025 financial statements and has been selected again for 2026, with total 2025 fees of $36,800.
Matthew Morris, a director of Cornerstone Strategic Investment Fund, Inc. (CLM), reported a sale of common stock on 09/10/2025. The Form 4 shows a disposition of 26,193.113 shares at a price of $8.1827 per share, leaving the reporting person with the stated post-transaction beneficial ownership of 26,193.113 shares (reported as a direct holding). The filing is signed on 09/11/2025. No derivative transactions or additional explanatory details are provided in the report.
Matthew Morris, a director of Cornerstone Strategic Investment Fund, Inc. (CLM), reported a sale of company common stock. The Form 4 shows a transaction on 09/03/2025 in which Mr. Morris disposed of 35,000 shares at a price of $8.14 per share. After the reported sale the filing lists 26,193.8282 shares as beneficially owned by Mr. Morris; the filer notes that this total includes shares acquired through the issuer's dividend reinvestment plan since the previous Form 4 filing.