Cornerstone Strategic Investment Fund and Cornerstone Total Return Fund Announce Monthly Distributions
New York, Feb. 07, 2025 (GLOBE NEWSWIRE)
Cornerstone Strategic Investment Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300), each a closed-end management investment company, have announced their monthly distributions. As part of their regularly scheduled distribution policy, each Fund is declaring the following distributions.
Cornerstone Strategic Investment Fund (CLM):
The Fund has declared a monthly distribution of $0.25 per share of common stock. The distribution is payable on [date] to shareholders of record at the close of business on [record date].
Cornerstone Total Return Fund (CRF):
The Fund has declared a monthly distribution of $0.20 per share of common stock. The distribution is payable on [date] to shareholders of record at the close of business on [record date].
These distributions are in line with the Funds’ commitment to providing regular income to their shareholders. Investors can expect to receive these distributions in their accounts on the specified payment dates.
Impact on Individuals:
As an individual investor, receiving monthly distributions from investment funds like CLM and CRF can provide a steady source of income. These distributions can supplement your existing income or be reinvested to grow your investment portfolio further. It is important to consult with a financial advisor to understand how these distributions fit into your overall financial strategy.
Global Impact:
The announcement of monthly distributions by CLM and CRF reflects the stability and continued performance of the investment funds. As these funds continue to provide distributions to shareholders, it contributes to the overall confidence in the investment industry and can have a positive impact on the global financial market.
Conclusion:
The monthly distributions declared by Cornerstone Strategic Investment Fund and Cornerstone Total Return Fund demonstrate their commitment to providing value to shareholders and maintaining a strong financial performance. Investors can look forward to receiving these distributions as a way to enhance their investment strategies. The global impact of these distributions showcases the strength and stability of the investment industry, which ultimately benefits investors worldwide.
