Company: CLM
Filing Date: 2025-02-21
Form Type: N-2
Source: 0001398344-25-003234
Chunk: 62

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 62
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 assets, including interest accrued but not
yet received), less accrued expenses of the Fund, less the Fund’s other liabilities by the total number of Shares outstanding.

Readily marketable portfolio securities listed on
the NYSE American are valued, except as indicated below, at the last sale price reflected on the consolidated tape at the close of the
NYSE American on the business day as of which such value is being determined. If there has been no sale on such day, the securities are
valued at the mean of the closing bid and asked prices on such day. If no bid or asked prices are quoted on such day or if market prices
may be unreliable because of events occurring after the close of trading, then the security is valued by such method as the Investment
Adviser, as the Valuation Designee, shall determine in good faith to reflect its fair market value. Readily marketable securities not
listed on the NYSE American but listed on other domestic or foreign securities exchanges are valued in a like manner. Portfolio securities
traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined
as reflected on the consolidated tape at the close of the exchange representing the principal market for such securities. Securities
trading on the Nasdaq Stock Market, Inc. (“NASDAQ”) are valued at the NASDAQ Official Closing Price. Readily marketable securities
traded in the over-the counter market, including listed securities whose primary market is believed by the Investment Adviser to be over-the-counter,
are valued at the mean of the current bid and asked prices as reported by the NASDAQ or, in the case of securities not reported by the
NASDAQ or a comparable source, as the Investment Adviser, as the Valuation Designee, deems appropriate to reflect their fair market value.
Where securities are traded on more than one exchange and also over-the-counter, the securities will generally be valued using the quotations
the Investment Adviser, as the Valuation Designee, believes reflect most closely the value of such securities.

<div align='center'>DISTRIBUTION POLICY</div>

The Fund initiated a fixed, monthly distribution
to stockholders in 2002 which, with interim adjustments and extensive disclosure, continues to be a high-level managed distribution policy.
The Distribution Policy has been maintained through the historic economic volatility, increased regulatory scrutiny and challenging markets
of the intervening years.

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During recent years, the Fund’s investments
made in accordance