Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 53

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 53
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 than the repurchase price stated in the agreement. In addition, repurchase agreements may involve risks in the event of default or insolvency of the seller, including possible delays or restrictions upon the Fund’s ability to dispose of the underlying securities.

Securities Lending Risk.Securities lending is subject to the risk that loaned securities may not be available to the Fund on a timely basis and the Fund may, therefore, lose the opportunity to sell the securities at a desirable price. Any loss in the market price of securities loaned by the Fund that occurs during the term of the loan would be borne by the Fund and would adversely affect the Fund’s performance. Also, there may be delays in recovery, or no recovery, of securities loaned or even a loss of rights in the collateral should the borrower of the securities fail financially while the loan is outstanding. The Fund retains the right to recall securities that it lends to enable it to vote such securities if it determines such vote to be material. Despite its right to recall securities lent, there can be no guarantee that recalled securities will be received timely to enable the Fund to vote those securities. The Fund does not anticipate having any securities lending income during the current calendar year.

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<div align='center'>LISTING OF SHARES</div>

The Fund’s Shares trade on the NYSE American
under the ticker symbol “CLM,” and are required to meet the NYSE American’s continued listing requirements.

<div align='center'>MANAGEMENT OF THE FUND</div>

Directors and Officers

The Board of Directors is responsible for the overall
management of the Fund, including supervision of the duties performed by the Investment Adviser. There are ten Directors of the Fund,
three of whom are “interested persons” (as defined in the 1940 Act) of the Fund. The Directors are responsible for the Fund’s
overall management, including adopting the investment and other policies of the Fund, electing and replacing officers and selecting and
supervising the Fund’s Investment Adviser. The name and business address of the Directors and officers of the Fund and their principal
occupations and other affiliations during the past five years, as well as a description of committees of the Board of Directors, are
set forth under “Management” in the Statement of Additional Information.

Investment Adviser

Cornerstone Advisors, LLC (the “Investment
Adviser”), 1075 Hendersonville Road, Suite 250, Asheville, North Carolina 28803, is a limited liability company