Exchange: NYSEMkt·Updated 07:59 PM EDT
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CLM Cornerstone Strategic Investment Fund, Inc.

$6.00
$0.01
(0.17%)
Today
Closed $6.00
$0.01
(0.17%)
After Hours
Mkt Cap$1.7B
Vol4.19M

About CLM

Cornerstone Strategic Value Fund is a management investment company that is an investment operation. They limit the fund's investment in securities issued by other investment companies.
55

Bullish Sentiment

How do you feel about CLM?

GenericPoster
$CLM So, those who bought Monday below $5.60 or $5.70 are up nicely today when those seemingly distressed sellers were selling well below NAV while the S&P500 was well up which should mean CLM NAV was increasing. Those who did are up 4% to 6% depending upon their purchase price…and will get two more $0.122/mth dividends. This is why you need to know what you own; so you do not fear buying dips or when it is deeply red. Just watch for more buying opportunities such as: + sell off, if it happens, when they report the 2027 21% of NAV dividend in early November as it will be below the current $0.122…but still at 21%/year of NAV when they calculate later this month. + sell off, if it happens, for tax loss selling between now and year end. So long as the S&P500 does well, as that mirrors CLM’s NAV, buying below NAV would seem a wise investment.
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10
Keith1950
$CLM $CRF What used to be the best discounted drip program in the market has now joined the mob of CEFs no longer trading at a premium; $GOF $PDI and so I turned off the drip on my small Cornerstone position last week, but not in time to get cash for this month. I believe $GUT is one of the few left trading at a premium.
11
Western_David
Howdy Twits, seems we've finished another week and still no news on the RO front that we are all waiting with baited breath. Enough of other sins of the day let's get to the NAVs, $CLM turned in 6..36 +.09 and the other one $CRF gave us 6.17 +.08. Have a safe and enjoyable Columbus Day everyone!
9
Western_David
Well twits, here we are at the end of another bumpy week with two readings on the all important NAVs. So for the latest reading we have $CLM coming in at 6.27 +.06 and the brother in law $CRF we have it at 6.09 +.06 . That's about all the news fit print so y'all enjoy and stay safe.
9
BigSack
$CLM I haven't sold a lick of this in the last 2 years. More, and more shares keep getting added every month. Divi almost to 7K, when it hits 10K I'll retire. That's enough to live on and still let it compound.
9
Bandit688
$CLM I liquidated my position here. There is no longer a compelling reason to own it. The DRIPs have pounded the sp. Divies are headed south. Good luck folks.
8
cstrick1980
$CLM I asked AI why Cornerstone doesn’t suspend the RO. The RO price is ~6.29 while CLM trades at 5.54. How can anyone subscribe at 6.29 when they can buy at 5.54? Even a big retail buy wouldn’t move it near 6.29. But according to AI, an institutional‑sized order (like 30M shares) wouldn’t fill anywhere close to 5.54. CLM’s order book is extremely shallow, and 30M shares is ~10× daily volume. Execution models show a buy that size would blow CLM into the $8–$9 range because the liquidity isn’t there. That’s why big players don’t buy on the open market. They subscribe to the RO — even at 6.29 — because it gives guaranteed size, guaranteed allocation, and zero market impact. They hedge and avoid slippage. Retail sees a bad deal. Institutions see guaranteed inventory. Cornerstone hasn’t adapted because the RO still expands the fund, protects NAV, grows fees, and keeps distribution optics intact. From their perspective, it’s working exactly as intended.
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Keith1950
$CLM $CRF Cornerstone does not sell new shares except when they have periodic "Rights Offerings". They calculate and publish the NAV every Friday and on the last trading day of every month because NAV is used to determine the monthly discounted drip price and set the following year's distribution amount at 21% of NAV on the last trading day of October (10/30/26 for the 2027 distribution). About 33% of the monthly distributions are paid to participants in their Company discounted drip program and new shares are issued to the participants and the remaining distribution is paid in cash. Thus, the number of shares issued and outstanding increase by the drip shares issued each month. Cornerstone has developed a somewhat unique business model and there is a bit of a learning curve involved in understanding it. Unfortunately, market conditions no longer seem to favor their previously successful model, and it is possible some changes lie ahead.
7
FLAFOREVER
$CLM Canceled limit buy orders 10,000 shares each $5.84 and $5.54. No way the RO will proceed. Who in their right minds would pay 8 to 10% higher than the market price for a position under the RO.  Too much uncertainty now, and after taking a $175K loss in $ABR INCLUDING 8 years of dividends, need to be more cautious now, but unfortunately nobody knows except PELOSI which darlings will end up in shit. - Added 210 shares $VGT - Added 75 shares $OEF - Added 1,000 shares QQQI - Added 650 shares SPYI
8
Madpup
$CLM $CRF The dufus dummies managing these 2 funds failed to take into account their stagnant share prices in relation to the market prior to the R/O, but more importantly, their inability to modify and streamline their R/O process to match the new investment realities to today’s needs has made their R/O a complete FAILURE. Lazy jackwagon management at it’s finest, following their very old and stagnant R/O playbook.
8
Western_David
Been quite a downer week there Cornerstoner twits with share price decay plus ex div date to pound the NAVs into the dirt. So we see $CLM at 6.09 -.27 and the twin $CRF 5.91 -26. That's about all the horrible news twits so, stay safe, get a bigger box of tissues and try to do something fun.
7
greener_than_green
$CLM I don't know what's going on or what's going to happen but I'm back in at 6.30. LOL RO or no RO news. Monitoring NAV. I'm tired at looking at this thing every day. If the divy drops to .10 for next year, that's still 19%, which is fine.
7
GenericPoster
$CLM What is the consensus for the larger CLM drop today as its NAV after close last Friday was $6.05 and its underlying holdings in tech seem to be up nicely today most likely increasing NAV? I can only guess some panicked selling by someone(s) in fiscal problem who needs money now and fast. I was lucky to have studied this over the weekend and bought several batches below $5.60 and $5.70 which looks like a good price as it is now up to $5.82. Note that CLM also had some recent insider buying; not huge but perhaps a message from Mgmt as per this from the Yahoo Finance message board and as reported here also:
6
cstrick1980
$CLM $CRF The share buy back drip rule may come into effect. As long as the 5‑day average closing price is below NAV, the DRIP buys shares on the open market (unless the price jumps above NAV during the purchase window). If the 5‑day average is above NAV, the fund issues new shares at NAV instead.
6
wumiller
$CLM .1053 better than I thought it would be I absolutey traded the crap out of this today it was fabulus (didn't make a ton but it felt good)my turnover was 40,000 shares and I made around $1300 mostly I was just fed up with watching this go down most days for the last couple of months and today I just exploded I only traded $CLM today but I own both still have around 60000 between the two and obviously hurting a bit
3
GenericPoster
$CLM Seems most of the damage has been done here and there are some good opportunities ahead. First, this is now selling slightly below NAV so why not buy shares below NAV to collect the really nice $0.1215/share dividend for November and December. No doubt the lower NAV will mean a lower dividend in 2027; but it will be at 21% of NAV so still a great return and return of capital so fewer taxes as compared to some which pay interest which is taxed at ordinary income. When the dividend cut is announced in early November, there could be a selloff which would take this further below NAV and be an excellent time to buy as they the calculate 21% yield of NAV for 2027 will be slightly higher than 21% and you can still collect the $0.1215 dividend for November and December. I suspect hedge funds and such watch this and will buy in if the discount to NAV gets higher and why not buy below NAV? So, I will buy some next week below NAV and look for a selloff when new dividend is announced
6
Gwenhomme
$CLM $CRF 8.3 million shares traded in Cornerstone today. Where did they come from? Selling CLM at $5.67 does not make sense to me.
5
fretting
$CLM just remember the vice chairman bought 36000 shares of clm and crf combined last week he is more in the know than most of us
5
fretting
$CLM at these leveks both crm and clf bwill be yielding over 21% for the next 14 months what is there not to like and also clm is now right on the declining trendline we need more bears as we get this final flush great buy here
5
FLAFOREVER
$CLM I so knew this was coming. Reads like a repeat movie. So glad I sold my 95,000+ shares at $7.23. I’m still interested in getting back in but waiting on further dips. Still holding 5,489 shares for shits and giggles. Big drop in Div does not look good for a big rebound on sp.
5

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