Cornerstone Strategic Value Fund, Inc. (CLM)
| Market Cap | 2.02B |
| Revenue (ttm) | 29.22M |
| Net Income (ttm) | 341.54M |
| Shares Out | 234.74M |
| EPS (ttm) | 1.42 |
| PE Ratio | 6.07 |
| Forward PE | n/a |
| Dividend | $1.47 (17.08%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 1,754,670 |
| Open | 8.68 |
| Previous Close | 8.66 |
| Day's Range | 8.53 - 8.69 |
| 52-Week Range | 6.50 - 9.00 |
| Beta | 1.11 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About CLM
Cornerstone Strategic Value Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies. It also invests through other closed-end investment companies and ETF's. Cornerstone Strategic Value Fund, Inc. was formed on May 1, 1987 and is domiciled in the United States. [Read more]
Financial Performance
Financial StatementsNews
Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2025
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U30...
Love the SCHD ETF? CLM and CRF are better yielding alternatives
The Schwab US Dividend Equity ETF (SCHD) is one of Wall Street's most popular dividend funds, thanks to its high dividend yield, payout growth, and strong performance since its inception. SCHD is a po...
Revisited: You're Still Far Better Off In CLM Than GGT
As many of you know, I like to write what I call "comparative valuation" articles between equity CEFs when certain price levels and performances make it pretty clear which fund will outperform. One ye...
Cornerstone Funds Announce Continuing Monthly Distributions for 2024 and Distribution Percentage for 2025
NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U30...
CLM & CRF: High Yields, High Premiums, Bargain Prices (For Some)
CLM and CRF have historically sold at very high premiums, perhaps driven by the allure of high cash yields. Shareholders participating in their dividend-reinvestment plans (DRIP) have been able to buy...
Cornerstone Funds Announce Continuing Monthly Distributions
NEW YORK, May 03, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300...
CLM: It's Not A 'Buy And Forget' High-Income Fund
Cornerstone Strategic Value Fund has a high dividend yield of over 17% but has seen a significant decline in price over the last decade. The fund's distribution history is inconsistent, but it may sti...
CLM: Why You Should Not Pay The 2% Expense Ratio
Cornerstone Strategic Value Fund is a popular closed-end fund known for its high yield of 17.7%. CLM's performance has been underwhelming over a 10-year period, with an expense ratio that closely matc...
Cornerstone Funds File Their Annual Reports
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U3...
CLM: Equity CEF With A 18% Yield
Cornerstone Strategic Value Fund is an equity closed-end management investment company that aims to provide high dividends from a portfolio of equity names. The fund's 18% dividend yield is not suppor...
Cornerstone Funds Announce Continuing Monthly Distributions and Change in March 2024 Payable Date
NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U30...
Four Unloved Income Funds With Ultra High Yield (15%+) Distributions
I am an income-oriented investor focused on high-yield closed-end funds and ETFs to compound returns in retirement. Income investing requires picking investments that provide a steady distribution, ra...
These 7 High-Yield CEFs Reduced Distributions In 2024, Consider Buying Anyway
abrdn, a UK-based fund manager, has been aggressively acquiring and merging closed-end funds aka CEFs from other managers to expand its offerings. CEFs have advantages over traditional dividend-paying...
November Readers Noted 27 Ideal-To-Buy Dividend Dogs
I discuss reader feedback and suggestions regarding the author's daily stock lists and dividend investing strategies. I also address criticisms of preference for low-priced stocks and the debate over ...
CLM: MDP Inconsistent With NAV Preservation, Avoid
Cornerstone Strategic Value Fund is a closed-end fund with a 19% yield, but its NAV has declined significantly since its inception. The fund's strategy cannibalizes capital and relies on the return of...
CLM: One Cut Down, Several To Go
CLM's distribution strategy relies heavily on divestitures of its asset base, making it unsustainable. The recent dividend cut did not significantly improve CLM's prospects, as the forward annualized ...
Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2024
NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U30...
CLM: The NAV Premium Shrinks Considerably
Cornerstone Strategic Value Fund's NAV premium has been eroding, causing the stock to drop significantly. CLM fund's advantage lies in the ability to reinvest dividends at NAV, but the shrinking NAV p...
Equity CEFs: You're Still Going To Be Far Better Off In CLM Than GGT
It's been a rough year for CEFs. Between skyrocketing interest rates and liquidity tapering by the Fed, many CEF valuations have plunged to near bear market lows. But have CEF investors completely los...
Readers Post 32 August Dividend Buy Candidates
Prior to August 31, 2023, my Readers mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-targ...
CLM Is A Structural Value Trap
Cornerstone Strategic Value Fund is a closed-end fund that aims for long-term capital appreciation through equity securities. CLM's top holdings closely resemble those of the S&P 500, but it underperf...
CLM: Why I Will Probably Never Buy
I have been researching cash flow investing for retirement and am designing a high-yield low-variance portfolio. Cornerstone Strategic Value Fund is frequently recommended to me because of its tax and...