I suppose you might do well in Cornerstone funds if you subscribe to the RO's and are able to buy shares trading at a premium when they're briefly offered at the discounted RO price.
I can't see how? Anyone that bought last year during the RO is now deep under water. Would have to of been a nimble trader?
In fact last year at this time CLM was trading at 16 dollars today it is fetching a meager 11 and change. I don't care how you cut the cards that equates to a loss bigger than the pay out!
Not only that if you look at the history here That is par for the course....
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