Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 8

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 8
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 distributions, the Fund may have to sell a portion of its investment portfolio, including 
 securities purchased with the proceeds of the Offering, at a time when independent investment judgment might not dictate such action.    
 Furthermore, such assets used to make distributions will not be available for investment pursuant to the Fund’s investment               
 objective. The Fund adopted the Distribution Policy in 2002, and during recent years the Fund’s distributions have exceeded              
 its Net Earnings. The Fund may use the proceeds of the Offering to maintain the Distribution Policy by providing funding for future      
 distributions, which may constitute a return of capital to Stockholders and lower the tax basis in their Shares which, for the taxable   
 Stockholders, will defer any potential gains until the Shares are sold. For the taxable Stockholders, the portion of distribution        
 that constitutes ordinary income and/or capital gains is taxable to such Stockholders in the year the distribution is declared. A        
 return of capital is non-taxable to the extent of the Stockholder’s basis in the shares. The Stockholders would reduce their             
 basis (but not below zero) in the Shares by the amount of the distribution and therefore may result in an increase in the amount         
 of any taxable gain on a subsequent disposition of such Shares, even if such Shares are sold at a loss to the Stockholder’s              
 original investment amount. Any return of capital will be separately identified when Stockholders receive their tax statements. Any      
 return of capital that exceeds cost basis may be treated as capital gain. Stockholders are advised to consult their own tax advisers     
 with respect to the tax consequences of their investment in the Fund. The Fund may need to raise additional capital in order to maintain 
 the Distribution Policy.                                                                                                                 |

| 8 |

|                     | Management Risk. The Fund is subject                                                                                                       
 to management risk because it is an actively managed portfolio. The Fund’s successful pursuit of its investment objective depends          
 upon the Investment Adviser’s ability to find and exploit market inefficiencies with respect to undervalued securities. Such               
 situations occur infrequently and sporadically and may be difficult to predict and may not result in a favorable pricing opportunity       
 that allows the Investment Adviser to fulfill the Fund’s investment objective. The Investment Adviser’s security selections                
 and other investment decisions might produce losses or cause the Fund to underperform when compared to other funds with similar investment 
 goals. If one or more key individuals leave the employ of the Investment Adviser, the Investment Adviser may not be able to hire           
 qualified replacements or may require an