Cornerstone Strategic Value Fund, Inc. (CLM)
Cornerstone Strategic Value Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Asheville, NC, US. The stock last traded at $7.50, down 0.60% on the session, giving a market capitalisation of $2.13B. On trailing twelve-month figures it carries a trailing P/E of 6.89, a net margin of 158.1%. Its beta of 1.20 implies it has historically moved more than the broad market.
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.
Cornerstone Strategic Value Fund, Inc. is most often compared with the following Financial Services names: