Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 56

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 56
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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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Ultimus is obligated to pay expenses associated with
providing the services contemplated by the fund accounting and administration agreement, including compensation of and office space for
Ultimus’ officers and employees and administration of the Fund. The Fund is not obligated to pay the fees of any Director or officer
of the Fund who is affiliated with Ultimus.

The Fund pays all other expenses incurred in the
operation of the Fund including, among other things, (i) expenses for legal and independent accountants’ services, (ii) printing
costs, including the costs of printing proxy statements and reports to stockholders, (iii) charges of the custodian and transfer agent
in connection with the Fund’s Dividend Reinvestment Plan, (iv) fees and expenses of independent Directors, (v) membership fees
in trade associations, (vi) fidelity bond coverage for the Fund’s officers and Directors, (vii) errors and omissions insurance
for the Fund’s officers and Directors, (viii) brokerage costs and listing fees and expenses charged by NYSE American, (ix) taxes
and (x) other extraordinary or non-recurring expenses and other expenses