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home / news releases / CLM - CLM: Why You Should Not Pay The 2% Expense Ratio

CLM - CLM: Why You Should Not Pay The 2% Expense Ratio

Cornerstone Strategic Value Fund Inc.

2024-05-03 03:16:04 ET

Summary

  • 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 matches the underperformance.
  • The high dividend yield is primarily made up of investors' original capital, rather than genuine earnings from the fund's investments.

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For further details see:

CLM: Why You Should Not Pay The 2% Expense Ratio
Stock Information
Company Name: Cornerstone Strategic Value Fund Inc.
Stock Symbol: CLM
Market: NYSE
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