Company: CLM
Filing Date: 2025-04-08
Form Type: N-2/A
Source: 0001398344-25-006812
Chunk: 71

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-08
Form: N-2/A
Chunk 71
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 purchases, the market value of the shares, including brokerage commissions, exceeds the net asset value at the
time of valuation. These remaining shares will be issued by the Fund at a price equal to the net asset value at the time of valuation.

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In a case where the Agent has terminated open market
purchases and caused the issuance of remaining shares by the Fund, the number of shares received by the participant in respect of the
cash dividend or Distribution will be based on the weighted average of prices paid for shares purchased in the open market, including
brokerage commissions, and the price at which the Fund issues the remaining shares. To the extent that the Agent is unable to terminate
purchases in the open market before the Agent has completed its purchases, or remaining shares cannot be issued by the Fund because the
Fund declared a dividend or Distribution payable only in cash, and the market price exceeds the net asset value of the shares, the average
share purchase price paid by the Agent may exceed the net asset value of the shares, resulting in the acquisition of fewer shares than
if the dividend or Distribution had been paid in shares issued by the Fund.

Whenever the Fund declares a Distribution and the
last reported net asset value of the Fund’s shares is higher than its market price, the Agent will apply the amount of such Distribution
payable to Plan participants of the Fund in Fund shares (less such Plan participant’s pro rata share of brokerage commissions incurred
with respect to Open Market Purchases in connection with the reinvestment of such Distribution) to the purchase on the open market of
Fund shares for such Plan participant’s account. Such purchases will be made on or after the payable date for such Distribution,
and in no event more than 30 days after such date except where temporary curtailment or suspension of purchase is necessary to comply
with applicable provisions of federal securities laws. The Agent may aggregate a Plan participant’s purchases with the purchases
of other Plan participants, and the average price (including brokerage commissions) of all shares purchased by the Agent shall be the
price per share allocable to each Plan participant.

Registered Stockholders who do not wish to have their
Distributions automatically reinvested should so notify the Fund in writing. If a Stockholder has not elected to receive cash Distributions
and the Agent does not receive notice of an election to receive cash Distributions prior to the record date of any Distribution, the
Stockholder will automatically receive such Distributions in additional shares.

Participants in the Plan may withdraw