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Re: blackcat post# 754

Wednesday, 04/20/2022 1:17:58 PM

Wednesday, April 20, 2022 1:17:58 PM

Post# of 812
Another crappy thing about this fund is current NAV numbers are hard to find. CEFConnect and Cornerstone's own site have old numbers from 4/14/22.
http://www.cornerstonestrategicvaluefund.com/net-asset-value.html

In any case, the huge premium has plummeted lately. As I've often said, "never pay a substantial premium of a Closed End Fund."

CLM's own site warns about that: "Although the Fund’s Common Stock has frequently traded at a premium to its net asset value during the past several years, shares of closed-end funds often trade at a discount from their net asset value."

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