Company: CLM
Filing Date: 2025-08-26
Form Type: N-CSRS
Source: 0001398344-25-016665
Chunk: 10

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-08-26
Form: N-CSRS
Chunk 10
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 general principle, the current fair value of a security being valued by the Valulation Designee would be the amount that the Fund might reasonably expect to receive upon the current sale. Methods that are in accordance with this principle may, for example, be based on (i) a multiple of earnings; (ii) a discount from market prices of a similar freely traded security (including a derivative security or a basket of securities traded on other markets, exchanges or among dealers); or (iii) yield to maturity with respect to debit issues, or a combination of these and other methods. Fair-value pricing is permitted if, in the Valuation Designee’s opinion, the validity of market quotations appears to be questionable based on factors such as evidence of a thin market in the security based on a small number of quotations, a significant event occurs after the close of a market but before the Fund’s NAV calculation that may affect a security’s value, or the Valuation Designee is aware of any other data that calls into question the reliability of market quotations.

The following is a summary of the Fund’s investments and the inputs used as of June 30, 2025, in valuing the investments carried at value:

| Valuation Inputs                              
 Level 1 – Quoted Prices                       |     | Investments   
 in Securities |               |     | Other        
 Financial    
 Instruments* |   |
|:----------------------------------------------|:----|:--------------|--------------:|:----|:-------------|:--|
| Equity Securities                             |     | $             | 1,908,182,010 |     | $            | — |
| Short-Term Investment                         |     |               |    11,347,848 |     |              | — |
| Level 2 – Other Significant Observable Inputs |     |               |             — |     |              | — |
| Level 3 – Significant Unobservable Inputs     |     |               |             — |     |              | — |
| Total                                         |     | $             | 1,919,529,858 |     | $            | — |

| * | Other financial instruments include futures, forwards and swap contracts, if any. |

The breakdown of the Fund’s investments into major categories is disclosed in its Schedule of Investments.

The Fund did not have any assets or liabilities that were measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at June 30, 2025.

NOTE D. AGREEMENTS WITH AFFILIATES

At June 30,