CLM: Understanding Its Distributions, NAV Erosion, And Investor Outcomes

2025-12-30 02:38:34 ET

Cornerstone Strategic Investment Fund, Inc. ( CLM ) is a closed-end equity investment company . Its investment goal is long-term capital appreciation, not income. The fund primarily buys equities of US and non- US companies with value and growth characteristics. There is no sector constraint; the fund can even invest in other CEFs and ETFs. It has a ~2% expense ratio. CLM is broadly diversified and remains largely fully invested since, being a CEF, it is insulated from daily investor buy and redeem demands....

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