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In the News

Weekly Closed-End Fund Roundup: DEX Tender Offering Expires (February 5, 2023)
17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.

Equity CEFs: The Best Return Of Capital Funds For 2023 (And A Look At BIGZ, CLM And ETW)
It was back in November of 2012, yes, over a decade ago, that I wrote my first article discussing the benefits of high Return of Capital (ROC) in equity CEF distributions. Back then, I first wrote (link below) about the risks and tax-differences between high ROC in equity based CEFs vs tax-free distributions in municipal bond CEFs.

Evaluating CEFs: CLM After Distribution Reduction Still Has Weak Coverage
CLM has a yield of 18.92% (based on the declared distributions for the next 12 months). This is attractive if the distribution can be supported. I continue my series digging into CEFs beyond the yield with a look at CLM.

How To Use CEFs For A Rich Retirement
Closed-end funds are great income investments thanks to tax laws and tradition. Being required to pay out most of their taxable gains explains a lot about how CEFs act.

Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)
2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.

Equity CEFs: Got High NAV Yield? Time To Really Swap GGT For CLM Or CRF
Don't believe for one second that any fund that doesn't cut its distribution, particularly with an astronomical 23.5% NAV yield, deserves a high premium. Because despite having the worst NAV performance of any CEF this year, down -44.4%, the Gabelli Multimedia Fund (GGT), did NOT cut its distribution even though it was supposed to.

2 Dangerous Yield Traps That Could Kill Your Retirement
If you buy the right ultra-yield blue chip you can retire rich. If you buy an ultra-yield trap you might not retire at all. Ultra-yield CEFs and royalty trusts are two dangerous kinds of investments that unsuspecting income investors and retirees often buy, and later deeply regret.

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)
12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Cornerstone Strategic Value Fund: Expect A 2023 Distribution Cut
Cornerstone Strategic Value Fund is a closed-end diversified management company with an apparent 25% dividend yield. Distributions are announced through the end of the year as well as guidance about how 2023 distributions will be set based on NAV at the end of October 2022.
CLM Financial details
CLM Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
Revenue per share | -0.73 | 2.77 | 1.37 | 1.88 | -2.29 | |
Net income per share | -0.74 | 2.76 | 1.36 | 1.87 | -2.31 | |
Operating cash flow per share | 0 | 0 | 0 | 0 | 0 | |
Free cash flow per share | 0 | 0 | 0 | 0 | 0 | |
Cash per share | 0 | 0 | 0 | 0 | 0 | |
Book value per share | 9.7 | 11.01 | 10.12 | 11.3 | 12.89 | |
Tangible book value per share | 9.7 | 11.01 | 10.12 | 11.3 | 12.89 | |
Share holders equity per share | 9.7 | 11.01 | 10.12 | 11.3 | 12.89 | |
Interest debt per share | 0 | 0 | 0 | 0 | 0 | |
Market cap | 878.97M | 825.07M | 891.26M | 1.55B | 800.74M | |
Enterprise value | 878.96M | 824.95M | 891.26M | 1.55B | 800.74M | |
P/E ratio | -15.11 | 4.06 | 8.62 | 7.64 | -3.2 | |
Price to sales ratio | -15.38 | 4.04 | 8.54 | 7.6 | -3.21 | |
POCF ratio | 0 | 0 | 0 | 0 | 0 | |
PFCF ratio | 0 | 0 | 0 | 0 | 0 | |
P/B Ratio | 1.15 | 1.02 | 1.16 | 1.26 | 0.57 | |
PTB ratio | 1.15 | 1.02 | 1.16 | 1.26 | 0.57 | |
EV to sales | -15.38 | 4.04 | 8.54 | 7.6 | -3.21 | |
Enterprise value over EBITDA | -15.11 | 4.06 | 8.62 | 7.64 | -3.2 | |
EV to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
EV to free cash flow | 0 | 0 | 0 | 0 | 0 | |
Earnings yield | -0.07 | 0.25 | 0.12 | 0.13 | -0.31 | |
Free cash flow yield | 0 | 0 | 0 | 0 | 0 | |
Debt to equity | 0 | 0.01 | 0 | 0 | 0 | |
Debt to assets | 0 | 0.01 | 0 | 0 | 0 | |
Net debt to EBITDA | 0 | 0 | 0 | 0 | 0 | |
Current ratio | 0 | 0 | 0 | 0 | 0 | |
Interest coverage | 0 | 0 | 0 | 0 | 0 | |
Income quality | 0 | 0 | 0 | 0 | 0 | |
Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
Payout ratio | 0 | 0 | 0 | 0 | 0 | |
Sales general and administrative to revenue | -0.02 | 0.01 | 0.01 | 0.01 | -0.01 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 12.71 | 26.15 | 17.6 | 21.8 | 25.86 | |
ROIC | 0 | 0 | 0 | 0 | 0 | |
Return on tangible assets | -0.08 | 0.25 | 0.13 | 0.17 | -0.18 | |
Graham Net | 0 | -0.04 | -0.01 | 0 | 0 | |
Working capital | 0 | 0 | 0 | 0 | 0 | |
Tangible asset value | 762.24M | 810.6M | 769.03M | 1.23B | 1.4B | |
Net current asset value | -2.88M | -5.11M | -2.49M | -1.8M | -2.23M | |
Invested capital | 0 | 0 | 0 | 0 | 0 | |
Average receivables | 3.77M | 3.6M | 2.81M | 2.32M | 2.69M | |
Average payables | 5.74M | 3.07M | 2.9M | 1.04M | 553K | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | -25.58 | 5.71 | 8.51 | 3.93 | -4.66 | |
Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | -14.27 | 63.89 | 42.91 | 92.77 | -78.31 | |
Payables turnover | 0 | 0 | 0 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | -0.08 | 0.25 | 0.13 | 0.17 | -0.18 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
Quarterly Fundamentals Overview
Last date of statement is 2022-06-30 for Q2
Metric | History | 2020-06-30 | 2020-12-31 | 2021-06-30 | 2021-12-31 | 2022-06-30 |
---|---|---|---|---|---|---|
Revenue per share | 0 | 0 | 0 | 0 | 0 | |
Net income per share | 0 | 0 | 0 | 0 | 0 | |
Operating cash flow per share | 0 | 0 | 0 | 0 | 0 | |
Free cash flow per share | 0 | 0 | 0 | 0 | 0 | |
Cash per share | 0 | 0 | 0 | 0 | 0 | |
Book value per share | 0 | 0 | 0 | 0 | 0 | |
Tangible book value per share | 0 | 0 | 0 | 0 | 0 | |
Share holders equity per share | 0 | 0 | 0 | 0 | 0 | |
Interest debt per share | 0 | 0 | 0 | 0 | 0 | |
Market cap | 0 | 0 | 0 | 0 | 0 | |
Enterprise value | 0 | 0 | -19 | 0 | -10.26K | |
P/E ratio | 0 | 0 | 0 | 0 | 0 | |
Price to sales ratio | 0 | 0 | 0 | 0 | 0 | |
POCF ratio | 0 | 0 | 0 | 0 | 0 | |
PFCF ratio | 0 | 0 | 0 | 0 | 0 | |
P/B Ratio | 0 | 0 | 0 | 0 | 0 | |
PTB ratio | 0 | 0 | 0 | 0 | 0 | |
EV to sales | 0 | 0 | 0 | 0 | 0 | |
Enterprise value over EBITDA | 0 | 0 | 0 | 0 | 0 | |
EV to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
EV to free cash flow | 0 | 0 | 0 | 0 | 0 | |
Earnings yield | 0 | 0 | 0 | 0 | 0 | |
Free cash flow yield | 0 | 0 | 0 | 0 | 0 | |
Debt to equity | 0 | 0 | 0 | 0 | 0.03 | |
Debt to assets | 0 | 0 | 0 | 0 | 0.03 | |
Net debt to EBITDA | 0 | 0 | 0 | 0 | 0 | |
Current ratio | 0 | 0 | 0 | 0 | 0 | |
Interest coverage | 0 | 0 | 0 | 0 | 0 | |
Income quality | 0 | 0 | 0 | 0 | 0 | |
Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
Payout ratio | 0 | 0 | 0 | 0 | 0 | |
Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0 | 0 | 0 | 0 | 0 | |
Capex to operating cash flow | 0 | 0 | 0 | 0 | 0 | |
Capex to revenue | 0 | 0 | 0 | 0 | 0 | |
Capex to depreciation | 0 | 0 | 0 | 0 | 0 | |
Stock based compensation to revenue | 0 | 0 | 0 | 0 | 0 | |
Graham number | 0 | 0 | 0 | 0 | 0 | |
ROIC | 0 | 0 | 0 | 0 | 0 | |
Return on tangible assets | 0 | 0 | 0 | 0 | 0 | |
Graham Net | 0 | 0 | 0 | 0 | 0 | |
Working capital | 0 | 0 | 0 | 0 | 0 | |
Tangible asset value | 718.14M | 769.03M | 1.22B | 1.23B | 1.55B | |
Net current asset value | -2.19M | -2.49M | -1.75M | -1.8M | -42.91M | |
Invested capital | 0 | 0 | 0 | 0 | 0 | |
Average receivables | 3.8M | 3.42M | 3.11M | 2.99M | 1.73M | |
Average payables | 2.8M | 1.52M | 1.07M | 493.19K | 21.07M | |
Average inventory | 0 | 0 | 0 | 0 | 0 | |
Days sales outstanding | 0 | 0 | 0 | 0 | 0 | |
Days payables outstanding | 0 | 0 | 0 | 0 | 0 | |
Days of inventory on hand | 0 | 0 | 0 | 0 | 0 | |
Receivables turnover | 0 | 0 | 0 | 0 | 0 | |
Payables turnover | 0 | 0 | 0 | 0 | 0 | |
Inventory turnover | 0 | 0 | 0 | 0 | 0 | |
ROE | 0 | 0 | 0 | 0 | 0 | |
Capex per share | 0 | 0 | 0 | 0 | 0 |
CLM Frequently Asked Questions
What is Cornerstone Strategic Value Fund, Inc. stock symbol ?
Cornerstone Strategic Value Fund, Inc. is a US stock , located in Asheville of Nc and trading under the symbol CLM
What is Cornerstone Strategic Value Fund, Inc. stock quote today ?
Cornerstone Strategic Value Fund, Inc. stock price is $7.56 today.
Is Cornerstone Strategic Value Fund, Inc. stock public?
Yes, Cornerstone Strategic Value Fund, Inc. is a publicly traded company.