Cornerstone Strategic Investment Fund, Inc. (CLM)
| Market Cap | 1.69B |
| Revenue (ttm) | 24.48M |
| Net Income (ttm) | 374.20M |
| Shares Out | 249.76M |
| EPS (ttm) | 1.51 |
| PE Ratio | 4.42 |
| Forward PE | n/a |
| Dividend | $1.39 (20.53%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 1,278,779 |
| Open | 6.71 |
| Previous Close | 6.66 |
| Day's Range | 6.70 - 6.77 |
| 52-Week Range | 6.16 - 9.30 |
| Beta | 1.12 |
| 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
News
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...
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 ...
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....
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: 21...
Cornerstone Funds Announce Continuing Monthly Distributions
NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Cornerstone Strategic Investment Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 219...
CLM: This 15% Yielder Is Not On Sale, But It's Still A Buy
CLM offers a high 15% yield and has outperformed the S&P 500 recently, but its long-term performance shows significant underperformance since inception in 1989. The fund's portfolio is heavily equity-...
How I Plan To Invest $700,000 To Pay Bills With Dividends Forever
A portfolio of $700,000 is large enough to produce an annual dividend income that matches the national average individual income of $64,000. I prioritize high-yield investments like BDCs, REITs, MLPs,...
PIMCO Cuts A Couple Of Distributions, Who Could Be Next?
RCS and PCM recently announced distribution cuts, and they were simultaneously trading at some hefty premiums to their NAV per share. We saw the usual outcome, which is a drastic sell-off as is often ...
A Guide To Responsibly Use Margin Debt To Amplify Dividend Income
Margin debt can be a strategic tool for wealth building, similar to traditional debt, if used responsibly and with proper safety buffers. Suggested rules include having a solid financial foundation, a...
CLM: The Premium Works In Your Favor (Upgrade)
Cornerstone Strategic Value Fund (CLM) offers a high dividend yield of over 15% by holding traditional equities, unlike other high-yielding funds relying on option strategies. CLM's dividend reinvestm...
Year-End Review Of High-Yield Closed-End Funds
As a retired income investor, I focus on high-yield closed-end funds, or CEFs, for consistent monthly distributions and reinvestment discounts to grow my retirement portfolio. Significant 2024 events ...
Cornerstone Strategic Value Fund, Inc. Announces Name Change
NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) (“CLM”) has approved a change to the name of CLM. ...
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...
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...
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 ...