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Re: leftovers post# 632

Sunday, 03/22/2020 6:04:30 PM

Sunday, March 22, 2020 6:04:30 PM

Post# of 812
CEFConnect.com now shows CLM's discount at an incredible -24.6%. That's based on "ancient" 3/13/20 data. But Cornerstone's own site now shows it trading at about -9.6% to NAV, as you mentioned. That seems right. A double whammy of problems for anyone who bought CLM some time ago, at an NAV premium.
https://www.cefconnect.com/fund/CLM
http://www.cornerstonestrategicvaluefund.com/net-asset-value

I'l repeat that I've followed CEFs for many decades, read books on them, and I have invested in a few -not CLM- when appropriate.


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