CLMCornerstone Strategic Investment Fund, Inc.

6.870USD-0.58%Mkt Cap: 2.14B $P/E: 6.30

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’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.

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