Company: CLM
Filing Date: 2025-03-04
Form Type: N-CSR
Source: 0001398344-25-004655
Chunk: 15

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-03-04
Form: N-CSR
Chunk 15
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 should be reported as dividend income on Form 1040. Please note that to utilize the lower tax rate for qualifying dividend income, stockholders generally must have held their shares in the Fund for at least 61 days during the 121 day period beginning 60 days before the ex-dividend date.

Long-term capital gain distributions arise from gains on securities held by the Fund for more than one year. They are subject to a maximum federal rate of 20% (23.8%, reflecting 3.8% Medicare tax on income exceeding certain threshold amounts).

Foreign stockholders will generally be subject to U.S. withholding tax on the amount of the actual ordinary income dividend paid by the Fund.

In general, distributions received by tax-exempt recipients (e.g., IRA’s and Keoghs) need not be reported as taxable income for U.S. federal income tax purposes. However, some retirement trusts (e.g., corporate, Keogh and 403(b)(7) plans) may need this information for their annual information reporting.

Stockholders are strongly advised to consult their own tax advisers with respect to the tax consequences of their investment in the Fund.

| 22 |

Additional Information Regarding the Fund’s Directorsand Corporate Officers(unaudited)

| Name and             
 Address*             
 (Birth Date)         | Position(s)                                                                                 
 Held with Fund                                                                              | Principal Occupation                                                                                                                                                                                                                                                                              
 over Last 5 Years                                                                                                                                                                                                                                                                                 |  Position 
 with Fund 
     Since |
| Ralph W. Bradshaw**  
 (Dec. 1950)          | Chairman of the Board of Directors and President                                            | President of Cornerstone Advisors, LLC; Financial Consultant; President and Director of Cornerstone Total Return Fund, Inc.                                                                                                                                                                       |      1998 |
| Daniel W. Bradshaw** 
 (May 1990)           | Director; Assistant                                                                         
 Secretary                                                                                   | Chief Investment Officer of Cornerstone Advisors, LLC (since May 2023); Vice President of Cornerstone Advisors, LLC (June 2019 - Apr. 2023); Director and Assistant Secretary of Cornerstone Total Return Fund, Inc.                                                                              |      2022 |
| Joshua G. Bradshaw** 
 (June 1988)          | Director; Assistant                                                                         
 Secretary                                                                                   | Chief Executive Officer of Cornerstone Advisors, LLC (since Jan. 2025); Chief Operating Officer of Cornerstone Advisors, LLC (May 2023 - Dec. 2024); Vice President of Cornerstone Advisors, LLC (June 2019 -