NYSEMKT:CLM
Cornerstone Strategic Value Fund, Inc Stock News
$7.50
+0.0400 (+0.536%)
At Close: May 03, 2024
CLM Only Works If It Can Maintain Its NAV Premium
07:40am, Monday, 03'rd Jul 2023
Cornerstone Strategic Value Fund is a highly controversial fund with its ever-declining share price and 4-star Morningstar rating. The fund's performance relies on it trading at a premium to its NAV,
Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF
09:40am, Wednesday, 19'th Apr 2023
Equity CEFs: The Irony Of The Cornerstone Funds CLM And CRF
Weekly Closed-End Fund Roundup: DEX Tender Offering Expires (February 5, 2023)
12:18pm, Tuesday, 14'th Feb 2023
17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.
Equity CEFs: The Best Return Of Capital Funds For 2023 (And A Look At BIGZ, CLM And ETW)
01:15pm, Wednesday, 08'th Feb 2023
It was back in November of 2012, yes, over a decade ago, that I wrote my first article discussing the benefits of high Return of Capital (ROC) in equity CEF distributions. Back then, I first wrote (li
Evaluating CEFs: CLM After Distribution Reduction Still Has Weak Coverage
05:01am, Thursday, 19'th Jan 2023
CLM has a yield of 18.92% (based on the declared distributions for the next 12 months). This is attractive if the distribution can be supported. I continue my series digging into CEFs beyond the yield
How To Use CEFs For A Rich Retirement
03:30pm, Wednesday, 11'th Jan 2023
Closed-end funds are great income investments thanks to tax laws and tradition. Being required to pay out most of their taxable gains explains a lot about how CEFs act.
Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)
11:19pm, Tuesday, 27'th Dec 2022
2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.
Equity CEFs: Got High NAV Yield? Time To Really Swap GGT For CLM Or CRF
02:30pm, Tuesday, 20'th Dec 2022
Don't believe for one second that any fund that doesn't cut its distribution, particularly with an astronomical 23.5% NAV yield, deserves a high premium. Because despite having the worst NAV performan
2 Dangerous Yield Traps That Could Kill Your Retirement
07:01am, Thursday, 01'st Dec 2022
If you buy the right ultra-yield blue chip you can retire rich. If you buy an ultra-yield trap you might not retire at all. Ultra-yield CEFs and royalty trusts are two dangerous kinds of investments t
Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)
12:59pm, Tuesday, 15'th Nov 2022
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
12:22pm, Monday, 24'th Oct 2022
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.
Cornerstone Strategic Value Fund: Expect A 2023 Distribution Cut
07:01am, Friday, 30'th Sep 2022
Cornerstone Strategic Value Fund is a closed-end diversified management company with an apparent 25% dividend yield. Distributions are announced through the end of the year as well as guidance about h
CLM And CRF: Still Too Expensive To Buy Now
06:42pm, Friday, 23'rd Sep 2022
In this article, I will go over the difference between CLM and CRF as well as their basic characteristics. In my opinion, despite their dividend yields of 24%+, both funds are only suitable for specul
Cornerstone Funds Announce Continuing Monthly Distributions for 2022 and Distribution Percentage for 2023
08:30pm, Friday, 12'th Aug 2022 GlobeNewswire Inc.
NEW YORK, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (individually the “Fund” or,
CLM And CRF Rights Offerings: A Success For Managers And Oversubscribers Alike
10:18pm, Tuesday, 12'th Jul 2022
CLM and CRF's rights offerings were oversubscribed. The rights offerings were a success for managers and oversubscribers alike.