Replies to post #625 on Cornerstone Strategic Value Fund (CLM)

[bar1080]

CLM almost certainly is trading below NAV now. It fell 17.6% today, much more than the broad market. It can drop a lot further.

[bar1080]

As predicted, NAV premiums are declining. Watching some PIMCO CEFs and waiting for Cornerstone to get around to releasing its Friday numbers. Occasionally Friday numbers come out late in the day on Monday. Jeesh!

Also I wouldn't trust the accuracy of bond valuations right now.