Cornerstone Strategic Value Fund (CLM)

[leftovers]

The holdings look good actually! It's the fact that they pay out more than they take in meaning you have a return of capital along with your dividend so the NAV will always decline thus the annual rights offering to prop things back up.

EDF does the same thing but, they announce each month how much is return of capital. In fact the SEC is cracking down on these funds and requiring them to do so.

Claiming it pays a 18-20% dividend if a flat out Bogus claim!