Cornerstone Strategic Investment Fund

What Cornerstone Strategic Investment Fund does

Cornerstone Strategic Investment Fund, Inc. is a diversified, closed-end management investment company incorporated in Maryland on May 1, 1987, with investment operations commencing on June 30, 1987. Its sole product is a publicly listed equity portfolio traded on the NYSE American under the ticker "CLM," managed under a balanced value-and-growth investment approach that targets U.S. and non-U.S. companies across sectors, with the flexibility to invest without limitation in other closed-end funds and ETFs (subject to a 3% voting-stock cap per issuer).

The fund applies a horizontal segmentation strategy: investors access the product by purchasing exchange-traded shares rather than subscribing or redeeming directly with the issuer. The fund declares monthly distributions reset annually based on net asset value at a distribution rate of 21%, with amounts not directly tied to investment income or capital gains. The closed-end structure enables the portfolio to remain more fully invested than an open-end mutual fund, since the vehicle does not face daily redemption flows. Marketing and distribution are conducted through regulatory disclosure channels — the corporate website, SEC filings, press releases, and investor reports — rather than active demand generation.

The operating footprint is small (1-10 employees) and concentrated at the executive offices at 225 Pictoria Drive, Suite 450, Cincinnati, United States. The Cornerstone franchise also includes a sister fund, Cornerstone Total Return Fund, Inc. (CRF), reflecting a multi-fund product family under common sponsorship. No AI, technology platform, or proprietary software capabilities are disclosed.

Name

Cornerstone Strategic Investment Fund

Legal name

Cornerstone Strategic Investment Fund, Inc.

Website

https://cornerstonestrategicinvestmentfund.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

Cornerstone Strategic Investment Fund, Inc. is a publicly listed, diversified closed-end management investment company (NYSE American: CLM) that seeks long-term capital appreciation through a balanced value-and-growth strategy in U.S. and non-U.S. equities for public shareholders.

Ownership category

akta.pro rank

Product category

Closed-End Investment Fund

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL)

Keywords

• Closed-end fund
• Equity investment
• Capital appreciation
• Value growth investing
• Diversified portfolio

Headquarters

HQ city

Cincinnati

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Distribution channels1 record

Core offering

Cornerstone Strategic Investment Fund, Inc. is a diversified, closed-end management investment company that invests in equity securities of U.S. and non-U.S. companies to seek long-term capital appreciation. The fund uses a balanced approach that combines value and growth investing, selecting companies at reasonable prices without regard to sector or industry, and may also invest in other closed-end investment companies and ETFs. Shares are traded on the NYSE American under the ticker symbol CLM.

Product overview

Cornerstone Strategic Investment Fund is a single, unified closed-end investment fund offering. The fund's sole product is its investment portfolio managed under a balanced value and growth investment strategy, seeking long-term capital appreciation through equity securities of U.S. and non-U.S. companies. The fund trades on NYSE American under ticker symbol CLM and may invest without limitation in other closed-end investment companies and ETFs, subject to a 3% voting stock limitation on any single investment company.

Differentiator

Problem solved

Functional benefit

Products and services

• Cornerstone Strategic Investment Fund (NYSE American: CLM) A diversified, closed-end management investment company that seeks long-term capital appreciation through investment in equity securities of U.S. and non-U.S. companies using a balanced value and growth strategy. Available to investors via NYSE American under ticker CLM, with monthly distributions reset annually at a 21% NAV-based rate.

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights3 records

Direct peers

• Royce Investment Partners Closed-End Funds: Family of U.S. closed-end equity funds (e.g., Royce Micro-Cap Trust, Royce Value Trust) with style-tilted mandates and similar listed-fund structures. Comparable as exchange-listed closed-end equity vehicles competing for the same investor segment.
• Gabelli Equity Trust: Diversified U.S. closed-end equity fund with a value-tilted approach and managed distribution policy. Comparable in mandate scope (broad equity, no sector constraints) and in income-orientation, making it a directly competing vehicle for yield-seeking investors.
• Adams Diversified Equity Fund: Long-running diversified U.S. equity closed-end fund (NYSE: ADX) with a value-and-growth blend and a managed distribution policy. Closely comparable to CLM in mandate, structure, and target investor.
• Eaton Vance Tax-Managed Buy-Write Strategy Fund: Closed-end equity fund distributing on a managed NAV-based formula similar to CLM, with broad equity exposure and an explicit income focus. Comparable on distribution mechanics and exchange-traded closed-end structure.
• Cornerstone Total Return Fund: Sister closed-end fund (NYSE American: CRF) operated by the same Cornerstone fund family with an analogous diversified equity mandate and distribution policy. It is the most directly comparable peer because it shares the adviser, governance, and distribution-rate framework.

Peers

• BlackRock Enhanced Capital and Income Fund:

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cornerstone Strategic Investment Fund