Company: CLM
Filing Date: 2025-04-08
Form Type: N-2/A
Source: 0001398344-25-006812
Chunk: 61

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-08
Form: N-2/A
Chunk 61
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2023 and a Vice President (from 2018 to 2019) and an Associate (from 2016 to 2017) at Cornerstone
Advisors, Inc., the Fund’s former investment adviser.

The Portfolio Managers have the primary responsibility
for carrying out the management of the Fund’s portfolio of securities. The Investment Adviser may assign additional portfolio managers.
The Statement of Additional Information provides additional information about the Portfolio Managers: (i) compensation, (ii) other accounts
managed, and (iii) ownership of securities in the Fund.

Administrator and Fund Accounting Agent

Ultimus Fund Solutions, LLC, located at 225 Pictoria
Drive, Suite 450, Cincinnati, OH (“Ultimus”) serves as the administrator and funding accounting agent to the Fund. Under
the fund accounting and administration agreement with the Fund, Ultimus is responsible for generally managing the administrative affairs
of the Fund, including supervising the preparation of reports to Stockholders, reports to and filings with the SEC and materials for
meetings of the Board. Ultimus is also responsible for calculating the net asset value per share and maintaining the financial books
and records of the Fund. Ultimus is entitled to receive a base fee of $5,000 per month plus an asset-based fee of 0.05% of the first
$250 million of average daily net assets, 0.04% of such assets greater than $250 million to $1 billion, 0.03% of such assets greater
than $1 billion to $2 billion and 0.02% of such assets in excess of $2 billion.

Custodian and Transfer Agent

U.S. Bank N.A., located at 1555 Rivercenter Drive,
Milwaukee, WI 53212, is the custodian of the Fund and maintains custody of the securities and cash of the Fund.

Equiniti Trust Company, LLC, with an address at 48
Wall Street, 23rd Floor, New York, New York, 10005, serves as the transfer agent and dividend paying agent of the Fund.

Fund Expenses

The Investment Adviser is obligated to pay expenses
associated with providing the services contemplated by the Investment Management Agreement, including compensation of and office space
for its officers and employees connected with investment and economic research, trading and investment management and administration
of the Fund. The Fund is not obligated to pay the fees of any Director of the Fund who is affiliated with the Investment Adviser.

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