Replies to post #746 on Cornerstone Strategic Value Fund (CLM)

[GO4AWILDRIDE]

leftovers

Do you have a LINK to this RIGHTS OFFERING?

I could not find one.



GO4AWILDRIDE

[bar1080]

Advanced research on Cornerstone Funds should include the work of Parsa Kiai, a Cornell educated MBA investment partnership manager who examined those gimmicky funds and contacted the SEC about their "odd" practices. I wrote about him on the CRF board in 2018.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144357013

https://www.scribd.com/document/100643429/Cornerstone-Letter-to-SEC

[bar1080]

Wow, CLM now trading at premium of 52% to NAV, CRF about the same.

Was looking at PIMCO funds that traded at insane premiums in 2021. Some like PDO are now at discounts. Fairly deep discounts. PIMCO had juiced some returns by going out dangerously longterm with maturities.

https://www.cefconnect.com/fund/PDO