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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 2, 2026, CLM stock price declined to $7.72 with 1,593,394 million shares trading.
CLM has a beta of 0.81, meaning it tends to be less sensitive to market movements. CLM has a correlation of 0.46 to the broad based SPY ETF.
CLM has a market cap of $2.19 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 outperformed the market in the last year with a return of +19.2%, while the SPY ETF gained +18.6%. However, in the most recent history, CLM shares have underperformed the stock market with its stock returning -2.2% in the last 3 month period and -1.0% for the last 2 week period, while SPY has returned +1.3% and +0.7%, respectively.
CLM support price is $7.66 and resistance is $7.94 (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.
