Company: CLM
Filing Date: 2025-08-26
Form Type: N-CSRS
Source: 0001398344-25-016665
Chunk: 1

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-08-26
Form: N-CSRS
Chunk 1
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 Statement of Assets and Liabilities                 | 10 |
| Statement of Operations                             | 11 |
| Statements of Changes in Net Assets                 | 12 |
| Financial Highlights                                | 13 |
| Notes to Financial Statements                       | 14 |
| Results of Annual Meeting of Stockholders           | 19 |
| Investment Management Agreement Approval Disclosure | 20 |
| Description of Dividend Reinvestment Plan           | 22 |
| Proxy Voting and Portfolio Holdings Information     | 24 |
| Summary of General Information                      | 24 |
| Stockholder Information                             | 24 |

Letter to Stockholders

July 24, 2025

Dear Fellow Stockholders:

The following is the semi-annual report for Cornerstone Strategic Investment Fund, Inc. (the “Fund”) for the six-month period ended June 30, 2025. At the end of the period, the Fund’s net assets were $1,918.8 million and the Net Asset Value per share (“NAV”) was $6.76. The share price closed at $8.12. After reflecting the reinvestment of monthly distributions totaling $0.74 per share, the Fund achieved a total investment return at market value of 5.52% for the period ended June 30, 2025.

Economic and Market Summary

The U.S. economy demonstrated resilience through the first half of 2025, supported by a strong labor market, steady job creation, and improving consumer sentiment despite persistent policy and trade uncertainties. Hiring momentum remained solid, with unemployment holding steady between 4.1% - 4.2% in the first and second quarters. Optimism about personal finances and easing inflation expectations helped lift household confidence. Headline inflation eased briefly in early spring before edging higher again, while core inflation stayed contained. Against this backdrop, the Federal Reserve held its benchmark rate steady in the 4.25%-4.50% range through the first six months, signaling the possibility of rate cuts later in the year but maintaining a cautious stance considering tariff risks and uneven labor market signals. Economic growth forecasts for 2025 were revised lower for both the U.S. and global economies, reflecting concerns over trade frictions, geopolitical tensions, and protectionist policies. Equity markets began the year with the weakest quarterly performance in several years, due to slowing growth expectations, and global trade uncertainty. However, the second quarter marked a sharp reversal, fueled by stronger-than-expected corporate earnings, particularly from large technology companies. International equities outperformed