Cornerstone Strategic Investment Fund, Inc. (CLM)
Cornerstone Strategic Value Fund, Inc. is a closed-end equity investment fund, actively managed by Cornerstone Advisors, Inc. Its mandate is to allocate capital to publicly traded equities across global markets. The fund diversifies its holdings by targeting companies across numerous economic sectors. A core element of its strategy involves identifying companies with both value characteristics and growth potential. Furthermore, the fund has the flexibility to invest indirectly through other closed-end investment vehicles and Exchange Traded Funds (ETFs). This U.S.-domiciled fund commenced operations on May 1, 1987.
Industry: Asset Management
Cornerstone Strategic Value Fund, Inc.
NYSE:CLMFinancial Services · Asset Management
+0.35%$5.80
AH Close$5.75-0.86%vs close
AH$5.75-0.86%vs close
Mkt Cap$1.81B
Float252.66M
O/S312.14M
Inst Own14.4%
SI12.0%
Div Yield25.17%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$197.85M
Net Income$312.82M
Total Assets$1.99B
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$1.99B
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:4Reverse splitDec 29, 20144 shares → 1
- 1:4Reverse splitDec 23, 20084 shares → 1
Balance Sheet Details
Assets$1.99B
Liabilities$2.2M
Accounts Receivable$1.24M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Revenue | $197.85M | $140.83M | $142.4M | -$249.16M | $204.38M | $104.37M | $204.16M | -$57.16M | $99.93M | $32.26M | -$22.06M | $20.07M | $21.88M | $12.02M | $1.47M | $6.16M |
| YoY Growth | 40.5% | -1.1% | -157.2% | -221.9% | 95.8% | -48.9% | -457.2% | -157.2% | 209.8% | -246.2% | -209.9% | -8.3% | 82.0% | 715.8% | -76.1% | - |
| Cost of Revenue | $19.35M | $17.89M | $15.92M | $13.99M | $11.1M | $7.92M | $8.6M | $7.67M | $4.64M | $3.26M | $2.65M | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $178.5M | $122.94M | $394.84M | -$263.15M | $193.28M | $96.45M | $195.56M | -$64.83M | $95.29M | $29M | -$24.71M | $20.07M | $21.88M | $12.02M | $1.47M | $6.16M |
| Gross Margin | 90.2% | 87.3% | 277.3% | 105.6% | 94.6% | 92.4% | 95.8% | 113.4% | 95.4% | 89.9% | 112.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | -$5 | $0 | $0 | $4 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $1.62M | $1.54M | $1.37M | $1.17M | $995K | $1.12M | $981K | $851K | $740K | $542K | $556K | $345K | $332K | $313K | $370K |
| Other | -$134.32M | $46K | $50K | $40K | $40K | $35K | -$96K | $38K | $35K | $38K | $33K | $25K | $22K | $21K | $18K | $17K |
| Total Operating Expenses | -$134.32M | $1.66M | $1.59M | $1.41M | $1.21M | $1.03M | $1.02M | $1.02M | $886K | $778K | $575K | $581K | $367K | $353K | $331K | $387K |
| Operating Income (EBIT) | $312.82M | $374.2M | $393.25M | -$250.57M | $203.17M | $103.34M | $203.14M | -$58.18M | $99.04M | $31.48M | -$22.85M | $19.49M | $21.51M | $11.67M | $1.14M | $5.78M |
| Operating Margin | 158.1% | 265.7% | 276.2% | 100.6% | 99.4% | 99.0% | 99.5% | 101.8% | 99.1% | 97.6% | 103.6% | 97.1% | 98.3% | 97.1% | 77.5% | 93.7% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $26.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $103.34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $312.82M | $374.2M | $393.25M | -$250.57M | $203.17M | $103.34M | $203.14M | -$58.18M | $99.04M | $31.48M | -$22.85M | $19.49M | $21.51M | $11.67M | $1.14M | $5.78M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | -$23K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $312.82M | $374.2M | $393.25M | -$250.57M | $203.17M | $103.34M | $203.14M | -$58.18M | $99.04M | $31.48M | -$22.85M | $19.49M | $21.51M | $11.67M | $1.14M | $5.78M |
| Net Income Margin | 158.1% | 265.7% | 276.2% | 100.6% | 99.4% | 99.0% | 99.5% | 101.8% | 99.1% | 97.6% | 103.6% | 97.1% | 98.3% | 97.1% | 77.5% | 93.7% |
| Supplementary Data | ||||||||||||||||
| EPS | 1.09 | 1.56 | 1.77 | -1.16 | 1.87 | 1.36 | 2.76 | -0.74 | 2.80 | 1.21 | -0.99 | 2.37 | 4.11 | 3.13 | 0.31 | 2.65 |
| Diluted EPS | 1.09 | 1.56 | 1.77 | -1.16 | 1.87 | 1.36 | 2.76 | -0.74 | 2.80 | 1.21 | -0.99 | 2.37 | 4.11 | 3.13 | 0.31 | 2.65 |
| Weighted Average OS | 286.99M | 239.87M | 222.17M | 216.01M | 108.65M | 75.99M | 73.60M | 78.62M | 35.37M | 25.97M | 23.14M | 8.24M | 8.12M | 3.73M | 3.67M | 2.18M |
| EBITDA | $312.82M | $374.2M | $393.25M | -$250.34M | $203.41M | $103.55M | $203.31M | -$58.18M | $99.04M | $31.48M | -$22.85M | $19.49M | $21.51M | $11.67M | $1.14M | $5.78M |
| EBITDA Margin | 158.1% | 265.7% | 276.2% | 100.5% | 99.5% | 99.2% | 99.6% | 101.8% | 99.1% | 97.6% | 103.6% | 97.1% | 98.3% | 97.1% | 77.5% | 93.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $0 | $0 | -$9.98M | -$7.62M | -$5.81M | -$15.57M | $121K | $8K | $157K | $877K | $554 | $0 | $0 | $44K | $20K | $0 |
| Short-Term Investments | $25.35M | $0 | $9.98M | $7.62M | $5.81M | $15.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $25.35M | $0 | $9.98M | $7.62M | $5.81M | $15.57M | $121K | $8K | $157K | $877K | $554 | $0 | $0 | $44K | $20K | $0 |
| Accounts Receivable | $1.24M | $1.07M | $1.95M | $3.18M | $2.2M | $2.43M | $3.2M | $4.01M | $3.54M | $2.62M | $13.01M | $1.48M | $0 | $930K | $131K | $77K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $13.48M | $9.99M | $18.36M | $9.26M | $15.91M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$1.11M | -$9.93M | -$7.62M | -$5.81M | -$15.57M | -$3.32M | -$9.99M | -$18.36M | -$9.26M | -$15.91M | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $26.59M | $44K | $1.99M | $3.18M | $2.2M | $2.43M | $3.32M | $4.01M | $3.7M | $3.5M | $13.01M | $1.48M | $0 | $974K | $150K | $77K |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.97B | $1.75B | $1.57B | $1.4B | $1.23B | $769.06M | $812.38M | $761.08M | $603.02M | $381.91M | $321.43M | $168.02M | $183.85M | $113.56M | $94.6M | $65.55M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $42K | -$1.75B | $9.98M | $1.4B | $1.23B | $0 | $0 | -$761.08M | -$603.02M | -$381.91M | -$321.43M | -$168.02M | -$183.85M | -$113.56M | -$94.6M | -$65.55M |
| Total Long-Term Assets | $1.97B | $1.75B | $1.58B | $1.4B | $1.23B | $769.06M | $812.38M | $761.08M | $603.02M | $381.91M | $321.43M | $168.02M | $183.85M | $113.56M | $94.6M | $65.55M |
| Other Assets | $0 | $1.75B | $1.58B | $7K | $27K | $26K | $9K | $22K | $2K | $3K | $10K | $16K | $0 | $0 | $1K | $3K |
| Total Assets | $1.99B | $1.75B | $1.58B | $1.4B | $1.23B | $771.52M | $815.7M | $765.12M | $606.72M | $385.41M | $334.45M | $169.52M | $184.19M | $114.53M | $94.75M | $65.63M |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $0 | $0 | $618K | $637K | $469K | $1.62M | $4.17M | $1.96M | $9.52M | $4.84M | $10.48M | $908K | $3.68M | $8.57M | $6.54M | $1.3M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$1.92M | -$1.66M | -$1.45M | -$1.39M | $0 | -$739K | -$801K | -$2.76M | -$10.14M | -$5.26M | -$10.85M | -$1.11M | -$3.71M | -$8.68M | -$6.64M | -$1.36M |
| Total Current Liabilities | $0 | $0 | $618K | $637K | $469K | $1.62M | $4.17M | $1.96M | $9.52M | $4.84M | $10.48M | $908K | $3.68M | $8.57M | $6.54M | $1.3M |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.2M | $0 | $1.68M | $1.6M | $1.33M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.2M | $256K | $1.68M | $1.6M | $1.33M | $2.49M | $5.11M | $2.88M | $10.28M | $5.38M | $10.97M | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $1.91M | -$618K | $960K | -$1.8M | -$2.49M | -$5.11M | -$1.96M | -$9.52M | -$4.84M | -$10.48M | $1.23M | $3.82M | $8.83M | $6.64M | $1.36M |
| Total Liabilities | $2.2M | $1.91M | $2.29M | $2.23M | $469K | $1.62M | $4.17M | $2.88M | $10.28M | $5.38M | $10.97M | $1.23M | $3.82M | $8.83M | $6.64M | $1.36M |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $296K | $248K | $233K | $216K | $120K | $77K | $75K | $73K | $44K | $29K | $21K | $8K | $32K | $19K | $14K | $9K |
| Retained Earnings | $657.88M | $522.67M | $269.29M | $98K | $291.49M | $183.66M | $142.98M | -$14.37M | $61.97M | -$1.49M | -$1.04M | -$48K | $0 | $0 | -$3.72M | -$4.22M |
| Comprehensive Income & Other | $0 | $0 | $0 | $98K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $1.33B | $1.22B | $1.31B | $1.4B | $935.76M | $585.29M | $667.54M | $776.54M | $534.43M | $381.49M | $324.49M | $168.33M | $180.34M | $105.69M | $91.82M | $68.47M |
| Total Equity | $1.99B | $1.75B | $1.58B | $1.4B | $1.23B | $769.03M | $810.6M | $762.24M | $596.44M | $380.02M | $323.48M | $168.29M | $180.37M | $105.7M | $88.11M | $64.27M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.99B | $1.75B | $1.58B | $1.4B | $1.23B | $770.65M | $814.77M | $765.12M | $606.72M | $385.41M | $334.45M | $169.52M | $184.19M | $114.53M | $94.75M | $65.63M |
| Supplementary Data | ||||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $0 | $0 | $9.98M | $7.62M | $5.81M | $15.57M | -$121K | -$8K | -$157K | -$877K | -$554 | $0 | $0 | -$44K | -$20K | $0 |
Cash Flow Statement
| Period | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | ||||||||
| Net Income | -$250.57M | $203.17M | $103.34M | $203.14M | -$58.18M | $99.04M | $31.48M | -$22.85M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | $250.57M | -$203.17M | -$103.34M | -$203.14M | $58.18M | -$99.04M | -$31.48M | $22.85M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||
| Debt Repaid | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | $112K | -$149K | -$720K | $877K | $0 |
| Supplementary Data | ||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $121K | $121K | $8K | $157K | $877K | $554 | $0 |
| Cash at End | $0 | $19 | $121K | $121K | $8K | $157K | $877K | $0 |