Cornerstone Strategic Value Fund (CLM)

[pandatrader]

I just started positions in ASG and have only 400 shares. I like that they have switched to a managed distribution policy.

I have positions in both CLM & CRF with 1,836.6702 & 2,145.9443 shares respectively. They have treated me well and I will earn over $11,000 from these 2 this year. Next year, I will probably earn a similar amount, but there's a possibility it may be a bit smaller (or larger).

Either way, capital gains will fill in the gaps for me nicely.

Why do you think CLM is an abomination?

My horizon is this long; {_}

Sometimes it gets longer.

It's easy to play and make money with both CLM & CRF; take advantage of the RO, and oversubscribe fully. Buy around the RO, and since they DRIP at NAV ALWAYS DRIP at NAV. If your broker doesn't allow it, find another broker. Fidelity and Merrill Edge allow it. Most of our holdings are in our Roth IRAs so tax liability is minimal as it should be. I've done well the past year and a half with these 2. I should do well this year and next as well.