Cornerstone Strategic Value Fund, Inc.

Cornerstone Funds Announce Continuing Monthly Distributions for 2026 and Distribution Percentage for 2027

Cornerstone Strategic Investment Fund (CLM) and Cornerstone Total Return Fund (CRF) declared monthly distributions for October through December 2026 of $0.1215 and $0.1176 per share, respectively, maintaining their current policy. The boards announced the distribution percentage for 2027 will remain at 21%, noting that projected monthly payouts would reset lower to $0.1103 for CLM and $0.1068 for CRF based on July 31 net asset values. Management reiterated that distributions are not tied to investment income and are expected to include a return of capital, which reduces the stockholder's cost basis.

•2mo ago

CLM Announces 2026 AGM Results

Shareholders elected the four nominated directors at the 2026 AGM, with attendance representing 32.3% of outstanding shares. The meeting also approved a name change to 'Nordique Critical Metals Inc.', a share consolidation of up to 20-to-1, and a move of the registered office from Ontario to Quebec. These approvals finalize the corporate restructuring steps previously outlined in the April management information circular.

•4mo ago