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Cornerstone Funds File Their Annual Reports
Globe Newswire (Wed, 4-Mar 4:30 PM ET)
Cornerstone Funds Announce Continuing Monthly Distributions
Globe Newswire (Fri, 13-Feb 4:30 PM ET)
The funds investment objective is to seek long-term capital appreciation through investment primarily in equity securities of U.S. and non-U.S. companies. The Fund is registered under the Investment Company Act of 1940, as amended, as a closed-end, diversified management investment company. Cornerstone Strategic Value Fund, Inc. (the “Fund”) was incorporated in Maryland on May 1, 1987 and commenced investment operations on June 30, 1987.
Cornerstone Strategic Value trades on the AMEX stock market under the symbol CLM.
As of March 27, 2026, CLM stock price declined to $6.94 with 2,421,115 million shares trading.
CLM has a beta of 0.78, meaning it tends to be less sensitive to market movements. CLM has a correlation of 0.54 to the broad based SPY ETF.
CLM has a market cap of $2.05 billion. This is considered a Mid Cap stock.
In the last 3 years, CLM traded as high as $9.30 and as low as $6.16.
CLM has underperformed the market in the last year with a price return of +10.8% while the SPY ETF gained +13.1%. CLM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.6% and -4.2%, respectively, while the SPY returned -7.9% and -4.0%, respectively.
CLM support price is $7.00 and resistance is $7.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLM shares will trade within this expected range on the day.
