Cornerstone Funds File Their Annual Reports
02 March 2024 - 1:00AM
Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP:
21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American:
CRF) (CUSIP: 21924U300) (individually the “Fund” or, collectively,
the “Funds”) have each filed copies of their annual report on Form
N-CSR with the U.S. Securities and Exchange Commission (“SEC”).
Each report includes audited financial statements for the fiscal
year ended December 31, 2023. The annual reports are available
online at www.cornerstonestrategicvaluefund.com and
www.cornerstonetotalreturnfund.com. Copies of these reports are
also available free of charge upon request by calling
1-866-668-6558.
Cornerstone Strategic Value Fund, Inc. is a
closed-end, diversified management company organized as a Maryland
corporation and is registered with the SEC under the Investment
Company Act of 1940, as amended.
Cornerstone Total Return Fund, Inc. is a
closed-end, diversified management company organized as a New York
corporation and is registered with the SEC under the Investment
Company Act of 1940, as amended.
Cornerstone Advisors, LLC serves as the investment
manager to the Funds.
Past performance is no guarantee of future
performance. An investment in a Fund is subject to certain risks,
including market risk. In general, shares of closed-end funds often
trade at a discount from their net asset value and at the time of
sale may be trading on the exchange at a price which is more or
less than the original purchase price or the net asset value. A
stockholder should carefully consider a Fund’s investment
objective, risks, charges and expenses. Please read a Fund’s
disclosure documents before investing.
In addition to historical information, this
release contains forward-looking statements, which may concern,
among other things, domestic and foreign markets, industry and
economic trends and developments and government regulation and
their potential impact on a Fund’s investment portfolio. These
statements are subject to risks and uncertainties, including the
factors set forth in each Fund’s disclosure documents, filed with
the U.S. Securities and Exchange Commission, and actual trends,
developments and regulations in the future, and their impact on the
Fund could be materially different from those projected,
anticipated or implied. Each Fund has no obligation to update or
revise forward-looking statements.
Contact: (866) 668-6558
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