Company: CLM
Filing Date: 2025-02-21
Form Type: N-2
Source: 0001398344-25-003234
Chunk: 32

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 32
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The Fund’s portfolio, under normal market conditions,
will consist principally of the equity securities of U.S. and non-U.S. companies. Currently, the Fund primarily invests in companies
with large capitalizations, however, the Fund may invest in companies of all capitalization ranges. The Fund invests in common stocks
and may also invest in preferred stocks, rights, warrants and securities convertible into common stocks that are listed on stock exchanges
or traded over the counter. The Fund may, without limitation, hold cash or invest in assets in money market instruments, including U.S.
and non-U.S. government securities, high grade commercial paper and certificates of deposit and bankers’ acceptances issued by
U.S. and non-U.S. banks having deposits of at least $500 million. In addition, the Fund may engage in hedging transactions to reduce
its company market and currency exchange exposure.

In determining which securities to buy for the Fund’s
portfolio, the Investment Adviser uses a balanced approach, including “value” and “growth” investing by seeking
out companies at reasonable prices, without regard to sector or industry, which demonstrate favorable long-term growth characteristics.
Valuation and growth characteristics may be considered for purposes of selecting potential investment securities. In general, valuation
analysis is used to determine the inherent value of the company by analyzing financial information such as a company’s price to
book, price to sales, return on equity, and return on assets ratios; and growth analysis is used to determine a company’s potential
for long-term dividends and earnings growth due to market-oriented factors such as growing market share, the launch of new products or
services, the strength of its management and market demand. Fluctuations in these characteristics may trigger trading decisions to be
made by the Investment Adviser.

Although the Fund has the ability to invest a significant
portion of its assets in non-U.S. companies, the Fund has consistently maintained the investment of at least 95% of its assets in U.S.
listed companies since June 30, 2001.

The Fund may invest without limitation in other closed-end
investment companies and ETFs, provided that the Fund limits its investment in securities issued by other investment companies so that
not more than 3% of the outstanding voting stock of any one investment company will be owned by the Fund. As a stockholder in any investment
company, the Fund will bear its ratable share of the investment company’s expenses and would remain subject to payment of the Fund’s
advisory