Cornerstone Strategic Value Fund, Inc. Announces Name Change
Cornerstone Strategic Value Fund (NYSE: CLM) announced its name will change to Cornerstone Strategic Investment Fund, effective December 6, 2024. The Board of Directors approved this change, while maintaining the fund's existing investment objective, policies, and restrictions. The fund's ticker symbol (CLM) and CUSIP number (21924B302) will remain unchanged. CLM continues to operate as a closed-end, diversified management company registered under the Investment Company Act of 1940, with Cornerstone Advisors, serving as its investment manager.
Cornerstone Strategic Value Fund (NYSE: CLM) ha annunciato che il suo nome cambier脿 in Cornerstone Strategic Investment Fund, a partire dal 6 dicembre 2024. Il Consiglio di Amministrazione ha approvato questo cambiamento, mantenendo gli obiettivi, le politiche e le restrizioni di investimento esistenti del fondo. Il simbolo del ticker del fondo (CLM) e il numero CUSIP (21924B302) rimarranno invariati. CLM continua a operare come una societ脿 di gestione chiusa e diversificata registrata ai sensi dell'Investment Company Act del 1940, con Cornerstone Advisors che funge da gestore degli investimenti.
Cornerstone Strategic Value Fund (NYSE: CLM) anunci贸 que su nombre cambiar谩 a Cornerstone Strategic Investment Fund, a partir del 6 de diciembre de 2024. La Junta de Directores aprob贸 este cambio, manteniendo los objetivos de inversi贸n, pol铆ticas y restricciones existentes del fondo. El s铆mbolo de cotizaci贸n del fondo (CLM) y el n煤mero CUSIP (21924B302) permanecer谩n sin cambios. CLM sigue operando como una compa帽铆a de gesti贸n cerrada y diversificada registrada bajo la Ley de Compa帽铆as de Inversi贸n de 1940, con Cornerstone Advisors actuando como su gestor de inversiones.
旖旊剤鞀ろ啢 鞝勲灥 臧�旃� 韼�霌� (NYSE: CLM)電� 2024雲� 12鞗� 6鞚茧秬韯� 鞚措鞚� 旖旊剤鞀ろ啢 鞝勲灥 韴瀽 韼�霌�搿� 氤�瓴诫悳雼り碃 氚滍憸頄堨姷雼堧嫟. 鞚挫偓須岆姅 鞚� 氤�瓴届潉 鞀轨澑頄堨溂氅�, 韼�霌滌潣 旮办〈 韴瀽 氇╉憸, 鞝曥眳 氚� 鞝滍暅 靷暛鞚� 鞙犾霅╇媹雼�. 韼�霌滌潣 韹办护 旮绊樃 (CLM)鞕� CUSIP 氩堩樃 (21924B302)電� 氤�瓴诫悩歆� 鞎婌姷雼堧嫟. CLM鞚� 1940雲� 韴瀽須岇偓氩曥棎 霐半澕 霌彪霅� 韽愳噭順�, 雼り皝頇� 甏�毽� 須岇偓搿� 鞖挫榿霅橂┌, 旖旊剤鞀ろ啢 鞏措摐氚旍澊鞝�鞀り皜 韴瀽 毵る媹鞝�搿� 頇滊彊頃橁碃 鞛堨姷雼堧嫟.
Cornerstone Strategic Value Fund (NYSE: CLM) a annonc茅 que son nom changera pour Cornerstone Strategic Investment Fund, 脿 compter du 6 d茅cembre 2024. Le Conseil d'administration a approuv茅 ce changement tout en maintenant les objectifs d'investissement, les politiques et les restrictions existantes du fonds. Le symbole du fonds (CLM) et le num茅ro CUSIP (21924B302) resteront inchang茅s. CLM continue d'op茅rer en tant que soci茅t茅 de gestion ferm茅e et diversifi茅e enregistr茅e en vertu de la loi sur les soci茅t茅s d'investissement de 1940, avec Cornerstone Advisors servant de gestionnaire d'investissement.
Cornerstone Strategic Value Fund (NYSE: CLM) hat bekannt gegeben, dass der Name in Cornerstone Strategic Investment Fund ge盲ndert wird, mit Wirkung zum 6. Dezember 2024. Der Vorstand hat diese 脛nderung genehmigt und gleichzeitig die bestehenden Anlageziele, -richtlinien und -beschr盲nkungen des Fonds beibehalten. Das Tickersymbol des Fonds (CLM) und die CUSIP-Nummer (21924B302) bleiben unver盲ndert. CLM wird weiterhin als geschlossene, diversifizierte Managementgesellschaft betrieben, die nach dem Investment Company Act von 1940 registriert ist, wobei Cornerstone Advisors als Anlageverwalter fungiert.
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NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- 聽The Board of Directors of Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) (鈥淐LM鈥�) has approved a change to the name of CLM. This change will become effective December 6, 2024.聽 聽 聽 聽 聽 聽
CLM鈥檚 name will change from 鈥淐ornerstone Strategic Value Fund, Inc.鈥� to 鈥淐ornerstone Strategic Investment Fund, Inc.鈥� There will be no changes to CLM鈥檚 investment objective, investment policies or restrictions in connection with this name change. In addition, CLM鈥檚 ticker symbol and CUSIP number will not change.
CLM is a closed-end, diversified management company organized as a Maryland corporation and is registered with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940, as amended.
Cornerstone Advisors, LLC serves as the investment manager to CLM.
Past performance is no guarantee of future performance. An investment in CLM 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 CLM鈥檚 investment objective, risks, charges and expenses. Please read CLM鈥檚 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 CLM鈥檚 investment portfolio. These statements are subject to risks and uncertainties, including the factors set forth in CLM鈥檚 disclosure documents, filed with the U.S. Securities and Exchange Commission, and actual trends, developments and regulations in the future, and their impact on CLM could be materially different from those projected, anticipated or implied. CLM has no obligation to update or revise forward-looking statements.
FAQ
When will Cornerstone Strategic Value Fund (CLM) change its name?
Will CLM's ticker symbol change after the name change in December 2024?
Does the 2024 name change affect CLM's investment objectives or policies?
