CLM Cornerstone Strategic Investment Fund, Inc.

6.475USD+1.97%Mkt Cap: 1.98B $P/E: 5.57

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 c…

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CLM and CRF’s 15% Yield Hides a Decade of Payout Cuts and Capital Erosion

Three closed-end funds advertise yields above 15%, but what shows up in your brokerage account each month may not be what it appears. The structure built to generate those payments quietly works against the shareholders collecting them.

24/7 Wall St.
CLM’s 19% Yield Masks a 67% Payout Cut Since 2015

Cornerstone's closed-end funds advertise a near-19% yield, but a decade of distribution history tells a story the marketing page buries. What looks like passive income may be doing something far more uncomfortable to your principal.

24/7 Wall St.