I'm not selling anything because my portfolio is always well balanced between stocks and fixed income. One panicking thing I did was to go to a bank yesterday and withdraw a stack of currency. In tough times the whole world runs on American C-Notes. Already, as you noted, blue chip stock yields are starting look damn good compared to alternatives.
I'm especially interested in the performance of index funds since they haven't been tested in a decade. Of course they're falling... but no more than most things.
As for CLM, it continues to under-perform as its premium disappears. Its portfolio quality is of little importance because its ludicrous DISTRIBUTION doesn't come primarily from underlying yield. CLM may well go to a NAV discount soon.
Recent CLM News
- Form N-CEN - Annual Report for Registered Investment Companies • Edgar (US Regulatory) • 03/08/2024 09:04:47 PM
- Cornerstone Funds File Their Annual Reports • GlobeNewswire Inc. • 03/01/2024 02:00:00 PM
- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 02/29/2024 09:05:27 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/27/2024 09:05:18 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 02/22/2024 09:09:45 PM
- Cornerstone Funds Announce Continuing Monthly Distributions and Change in March 2024 Payable Date • GlobeNewswire Inc. • 02/12/2024 02:00:00 PM
- Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public) • Edgar (US Regulatory) • 11/16/2023 09:17:08 PM
- Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2024 • GlobeNewswire Inc. • 11/03/2023 08:30:00 PM
- Form N-CSRS - Certified Shareholder Report, Semi-Annual • Edgar (US Regulatory) • 08/24/2023 08:40:48 PM
- Form N-PX - Annual Report of proxy voting record of management investment companies • Edgar (US Regulatory) • 08/17/2023 08:30:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2023 09:23:00 PM
- Cornerstone Funds Announce Continuing Monthly Distributions for 2023 and Distribution Percentage for 2024 • GlobeNewswire Inc. • 08/04/2023 11:00:19 PM
- Cornerstone Funds Announce Continuing Monthly Distributions • GlobeNewswire Inc. • 05/05/2023 08:30:00 PM
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