Company: CLM
Filing Date: 2025-04-08
Form Type: N-2/A
Source: 0001398344-25-006812
Chunk: 124

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-08
Form: N-2/A
Chunk 124
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17) | Incorporated by reference                                                                                    
 to the Fund’s Registration Statement on Form N-2 filed on August 5, 2016, Exhibit 2(t) (File No. 811-05150). |

| (18) | Filed herewith. |

Item 26. Marketing Arrangements

Not applicable.

Item 27. Other Expenses of Issuance and Distribution

The approximate expenses in connection with the offering are
as follows:

| Information Agent’s Fees and           
 Expenses                               |     | $ |  11,000 |
| Subscription Agent’s Fees and Expenses |     |   |  76,500 |
| Auditing Fees and Expenses             |     |   |   3,500 |
| Registration Fees                      |     |   | 166,913 |
| Legal Fees and Expenses                |     |   |  30,000 |
| Printing, Typesetting, and Edgar Fees  |     |   | 345,000 |
| Miscellaneous                          |     |   |   3,000 |
|                                        |     | $ | 635,913 |

Item 28. Persons Controlled by or Under Common Control with Registrant

None.

Item 29. Number of Holders of Securities

Set forth below is the number of record holders as of March 31,
2025, of each class of securities of the Registrant:

| Title                   
 of Class                |         Number 
             of 
 Record Holders |
| Common                  
 Stock, par value $0.001 |            229 |

Item 30. Indemnification

Section 2-418 of the Maryland General Corporation
Law and Article X of the Registrant’s By-laws (incorporated by reference to Exhibit 2(b) to this Registration Statement) provide
for indemnification of directors and officers of the Registrant, and employees and agents of the Registrant as determined by the Board
of Directors. The Investment Management Agreement (incorporated by reference to Exhibit 2(g) to this Registration Statement) provides
for indemnification of Cornerstone Advisors, LLC, the Fund’s investment adviser. The Registrant has entered into an indemnification
agreement with each of the directors in connection with their agreement to serve on the Registrant’s Board of Directors. The Registrant’s
directors and officers are insured under a standard investment company errors and omissions insurance policy covering loss incurred by
reason of negligent errors and omissions committed in their official capacities.

Insofar as indemnification