Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 9

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 9
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 extended time to do so. This could prevent the Fund from achieving its investment objective.      
 The Investment Adviser may also benefit from the Offering because its fee is based on the assets of the Fund, which could be perceived     
 as a conflict of interest.                                                                                                                 
 Other Investment Company Securities Risk.                                                                                                  
 The Fund may invest in the securities of other closed-end investment companies and in ETFs. Investing in other investment                  
 companies and ETFs involves substantially the same risks as investing directly in the underlying instruments, but the total return         
 on such investments at the investment company level may be reduced by the operating expenses and fees of such other investment companies,  
 including advisory fees. To the extent the Fund invests a portion of its assets in investment company securities, those assets will        
 be subject to the risks of the purchased investment company’s portfolio securities, and a Stockholder in the Fund will bear                
 not only his proportionate share of the expenses of the Fund, but also, indirectly the expenses of the purchased investment company.       
 There can be no assurance that the investment objective of any investment company or ETF in which the Fund invests will be achieved.       |
| Managed             
 Distribution Policy | Effective                                                                                                                                  
 June 25, 2002, the Fund initiated a fixed monthly distribution to Stockholders. On November 29, 2006, the Distribution Policy was          
 updated to provide for the annual resetting of the monthly distribution amount per share based on the Fund’s net asset value               
 on the last business day in October. The terms of the Distribution Policy will be reviewed and approved at least annually by the           
 Fund’s Board of Directors and can be modified at the Board’s discretion. To the extent that these distributions exceed                     
 the current earnings of the Fund, the balance will be generated from sales of portfolio securities held by the Fund, and will be           
 distributed as either short-term or long-term capital gains or a tax-free return-of-capital. To the extent these distributions are         
 not represented by net investment income and capital gains, they will not represent yield or investment return on the Fund’s               
 investment portfolio. As shown on page 35 in the table which identifies the constituent components of the Fund’s distributions             
 under its Managed Distribution Policy for years 2020-2024, a majority of the distributions that the Fund made to its Stockholders          
 for 2020, 2021, 2023 and 2024 consisted of a return of its Stockholders’ capital, and not of income or gains generated from                
 the Fund’s investment