Company: CLM
Filing Date: 2025-02-21
Form Type: N-2
Source: 0001398344-25-003234
Chunk: 66

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 66
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’s Shares.

For the years 2020-2024, the Fund’s distributions
under the Distribution Policy were characterized, on an annual basis, as set forth on the table below:

<div align='center'>Cornerstone Strategic Investment Fund, Inc.

Dividends and Distributions Paid from 2020 through 2024</div>

| Years |     | Total Dividends and Distributions |             |     | Earnings 
 Amount   |             |     | Percent |       |   |     | Return-of-Capital 
 Amount            |             |     | Percent |       |   |
|:------|:----|:----------------------------------|------------:|:----|:---------|------------:|:----|:--------|------:|:--|:----|:------------------|------------:|:----|:--------|------:|:--|
| 2020  |     | $                                 | 169,115,831 |     | $        |  62,663,445 |     |         | 37.05 | % |     | $                 | 106,452,386 |     |         | 62.95 | % |
| 2021  |     |                                   | 195,333,818 |     |          |  95,345,097 |     |         | 48.81 |   |     |                   |  99,988,721 |     |         | 51.19 |   |
| 2022  |     |                                   | 358,340,969 |     |          |  40,820,693 |     |         | 11.39 |   |     |                   | 317,520,276 |     |         | 88.61 |   |
| 2023  |     |                                   | 330,016,223 |     |          | 124,050,838 |     |         | 37.59 |   |     |                   | 205,965,385 |     |         | 62.41 |   |
| 2024  |     |                                   | 313,200,732 |     |          | 120,825,925 |     |         | 38.58 |   |     |                   | 192,374,807 |     |         | 61.42 |   |

| 42 |

Unless the registered owner of Shares elects to receive
cash, all distributions declared