Cornerstone Strategic Value Fund, Inc. Announces Monthly Distributions for 2021, Payable January 29, 2021, February 26, 2021 and March 31, 2021
November 06, 2020 at 04:30 pm EST
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Cornerstone Strategic Value Fund, Inc. announced that in keeping with Fund’s previously adopted monthly distribution policy, Fund is declaring the distribution of $0.1602 per share which have been reset for the calendar year 2021. Record Date January 15, 2021, February 16, 2021 and March 15, 2021. Payable date is January 29, 2021, February 26, 2021 and March 31, 2021.
Cornerstone Strategic Value Fund, Inc. (the Fund) is a closed-end, diversified management investment company. The Fund's investment objective is to seek long-term capital appreciation through investment primarily in equity securities of United States (U.S.) and non-U.S. companies. The Fund primarily invests in companies with large capitalizations, however, the Fund may invest in companies of all capitalization ranges. The Fund invests in common stocks and may also invest in preferred stocks, rights, warrants and securities convertible into common stocks that are listed on stock exchanges or traded over the counter. The Fund may, without limitation, hold cash or invest in assets in money market instruments, including U.S. and non-U.S. government securities, high grade commercial paper and certificates of deposit and bankers acceptances issued by U.S. and non-U.S. banks having deposits of at least $500 million. The Fund's investment manager is Cornerstone Advisors, LLC.
CORNERSTONE STRATEGIC VALUE FUND, INC. 
