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CLM / Cornerstone Strategic Value Fund: Overpayments Depleting The NAV

Cornerstone Strategic Value Fund is a high dividend-yield fund with an estimated yield of over 15% for the coming year. The fund is financing its distribution through unsustainable Return on Capital, rather than through dividend and interest income, etc. Read More

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Content Topics

Fidelity

Advisor

Technology

Fund

Class

Fadtx

Cornerstone

Strategic

Overpayments

Depleting

Stock

CLM

Posted: Dec 16 2021, 20:24

Author Name: Seeking Alpha

CLM News

By Seeking Alpha
October 18, 2023

CLM: The NAV Premium Shrinks Considerably

Cornerstone Strategic Value Fund's NAV premium has been eroding, causing the stock to drop significantly. CLM fund's advantage lies in the ability to

By Seeking Alpha
October 17, 2023

Equity CEFs: You're Still Going To Be Far Better Off In CLM Than GGT

It's been a rough year for CEFs. Between skyrocketing interest rates and liquidity tapering by the Fed, many CEF valuations have plunged to near bear

By Seeking Alpha
September 11, 2023

CLM Is A Structural Value Trap

Cornerstone Strategic Value Fund is a closed-end fund that aims for long-term capital appreciation through equity securities. CLM's top holdings close

By Seeking Alpha
August 27, 2023

CLM: Why I Will Probably Never Buy

I have been researching cash flow investing for retirement and am designing a high-yield low-variance portfolio. Cornerstone Strategic Value Fund is f

By Seeking Alpha
August 1, 2023

Evaluating CEFs: Does CLM Cut The Distribution Yet Again

CLM has a yield of 17% based on the declared distributions. I continue my series digging into CEFs beyond the yield with a look at CLM. I will use the

By Seeking Alpha
July 3, 2023

CLM Only Works If It Can Maintain Its NAV Premium

Cornerstone Strategic Value Fund is a highly controversial fund with its ever-declining share price and 4-star Morningstar rating. The fund's performa

By Seeking Alpha
January 19, 2023

Evaluating CEFs: CLM After Distribution Reduction Still Has Weak Coverage

CLM has a yield of 18.92% (based on the declared distributions for the next 12 months). This is attractive if the distribution can be supported. I con

By Seeking Alpha
April 6, 2022

Cornerstone Strategic Value Fund: Why I Maintain My Sell Rating

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