Cornerstone Strategic Value Fund (CLM)

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CLM's RO gimmick must work as its assets have grown from $168 million in 2014 to 603 million in 2017. But note that assets plummeted from 131 million is 2007 to a minuscule 49 million in 2009, the Great Recession's low.

Bizarre that CLM traded at a massive premium to NAV in early 2007. Not surprisingly that premium fell to a slight discount to NAV in 2009. In its early years CLM usually sold for a NAV discount. 20-50 years ago most CEFs traded at discounts. The RO is only valuable if shares trade at a premium which I wouldn't count on, especially in a bear market.

I refuse to pay membership fees to IHUB which I consider the web's leading facilitator of scammy stocks. I have considered getting a paid membership at times in recent years.