Is Cornerstone Strategic Value Fund a good investment?
Investment Thesis Cornerstone Strategic Value Fund (CLM) is a high income closed-end fund, CEF, that gives its manager great freedom. Essentially, so long as the fund holds no more than 3% of another equity, the manager can invest as he sees fit. This fund pays out an amazing yield of 20%.
What does Cornerstone Strategic Value Fund do?
Cornerstone Strategic Value Fund, Inc. is a closed-end, diversified management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investment in equity securities of the United States and non-United States companies.
What is the dividend rate on stock CLM?
2.53%
CLM Dividend Yield: 2.53% for Oct. 21, 2021.
Is CLM paying a dividend?
14, 2021.
What are the holdings of CRF?
Top 10 Holdings
- Amazon.com Inc. 5.68%
- Apple Inc. 4.90%
- Microsoft Corp. 3.81%
- Alphabet Inc Class C. 3.81%
- Berkshire Hathaway Inc Class B. 2.47%
- Facebook Inc Class A. 2.25%
- Adams Diversified Equity Fund. 2.22%
- JPMorgan Chase & Co. 2.19%
Is CRF stock a good buy?
Overall, at current prices, CRF is an interesting case study, but not a good investment. Much more than closed end funds, look for hidden value, especially in investment companies and macroeconomic or industry dislocations.
Is CRF an ETF?
Cornerstone Total Return Fund is a diversified closed-end management investment company. The Fund’s investment objective is to is to seek capital appreciation with current income as a secondary objective….
| ETF | CRF |
|---|---|
| Market Cap. | 521.99M |
| Div/Shr | 0.1537 |
| Div Yield | 14.08 |
| PE Ratio | 10.48 |
What companies are in CLM?
Top 25 Holdings
| Symbol | Name | % Weight |
|---|---|---|
| AMZN | Amazon.com Inc | 6.20% |
| AAPL | Apple Inc | 4.99% |
| MSFT | Microsoft Corp | 4.72% |
| GOOG | Alphabet Inc | 4.51% |
How much does cornerstone Total Return Fund yield?
Cornerstone Total Return Fund (NYSEAMERICAN:CRF) Dividend Information Cornerstone Total Return Fund pays an annual dividend of $2.00 per share, with a dividend yield of 17.68%. CRF’s next monthly dividend payment will be made to shareholders of record on Thursday, September 30. Dividend Payments by Month (or Quarter)
Is there a dividend for Cornerstone strategic value fund?
Cornerstone Strategic Value Fund, Inc. New Common Stock (CLM) Dividend History | Nasdaq Cornerstone Strategic Value Fund, Inc. New Common Stock (CLM) Dividend history information is presently unavailable for this company. This could indicate that the company has never provided a dividend or that a dividend is pending.
Which is a better dividend fund CLM or CRF?
Like CLM, CRF offers a massive payout (a 20.3% yield) to investors and aims to pay out a large sum of cash no matter what happens with its portfolio. As a result, the fund is a magnet for yield-chasers and trades at a ridiculous 16.1% premium to NAV! That’s despite the fact that CRF’s history of dividend cuts goes back further than that of CLM.